Is Lincolnton, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Lincolnton has remained a Seller's Market.
Housing Prices in Lincolnton, NC
How much do homes in Lincolnton, NC cost?
Median Sold Price
$298,963
$184/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Lincolnton was $298,963 in March 2024, up 10.7% from last year, and the median price per square foot was $184.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $62.5K | $159K | +154.3% |
2 Bedrooms | $170K | $200.5K | +17.9% |
3 Bedrooms | $269.9K | $300K | +11.2% |
4 Bedrooms | $391K | $360K | -7.9% |
5+ Bedrooms | $419K | $322K | -23.2% |
Summary: Lincolnton housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 154.3%, 2 bedroom homes increased by 17.9%, 3 bedroom homes increased by 11.2%, 4 bedroom homes decreased by 7.9%, and 5+ bedroom homes decreased by 23.2%.
Median Sold Price Compared To Nearby Cities
Lincolnton Township | $264.2K | $298.1K | +12.8% |
Lincolnton | $269.9K | $298.9K | +10.7% |
Ironton Township | $330.5K | $337.5K | +2.1% |
Howards Creek Township | $320K | $269.5K | -15.8% |
Housing Supply in Lincolnton, NC
How many homes are available in Lincolnton, NC?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
128 | 142 | +10.9% |
Summary: The Lincolnton real estate market had 142 homes for sale in March 2024, a 10.9% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 1 | -50.0% |
2 Bedrooms | 17 | 15 | -11.8% |
3 Bedrooms | 84 | 97 | +15.5% |
4 Bedrooms | 19 | 23 | +21.1% |
5+ Bedrooms | 6 | 6 | 0.0% |
Summary: The Lincolnton housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes decreased by 11.8%, 3 bedroom homes increased by 15.5%, 4 bedroom homes increased by 21.1%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
25 | 31 | +24.0% |
Asking Price vs. Sold Price
16 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
10 Homes Were Sold
Over Asking
Summary: A total of 31 homes were sold or pending in Lincolnton in March 2024, up by 24.0% month-over-month. Of the 31 sold homes, 52% were sold under asking, 16% were sold at asking, and 32% were sold over asking.
Days on Market for Lincolnton, NC
How long does it take to sell a home in Lincolnton, NC?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
49 Days | 75 Days | +52.1% |
Summary: Homes in Lincolnton had an average of 75 days on market in Mar 2024, up by 52.1% compared to last year.
Breakdown of Home Sale Times
18 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
7 Homes Were Sold
Over 90 Days
Summary: During March 2024, 31 homes were sold in Lincolnton; 58% of homes were sold within 30 days, 19% of homes were sold within 30 to 90 days, and 23% of homes were sold over 90 days.