Is Lincolnton Township, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since June 2023
At the same time last year, Lincolnton Township was a Seller's Market.
Key Takeaway
Lincolnton Township is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Lincolnton Township, NC
How much do homes in Lincolnton Township, NC cost?
Median Sold Price
$300,300
$189/sqft
Based on all homes sold in the last 12 months.
Difference Since June 2023
Key Takeaway
Homes in Lincolnton Township have sold for 9.9% more than they did a year ago.
Summary: The median home sold price in Lincolnton Township was $300,300 in June 2024, up 9.9% from last year, and the median price per square foot was $189.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Jun 2023 | Jun 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $70K | $138K | +97.1% |
| 2 Bedrooms | $168K | $192.5K | +14.6% |
| 3 Bedrooms | $282.4K | $302.7K | +7.2% |
| 4 Bedrooms | $385K | $370K | -3.9% |
| 5+ Bedrooms | $430K | $335K | -22.1% |
Summary: Lincolnton Township housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes increased by 97.1%, 2 bedroom homes increased by 14.6%, 3 bedroom homes increased by 7.2%, 4 bedroom homes decreased by 3.9%, and 5+ bedroom homes decreased by 22.1%.
Median Sold Price Compared To Nearby Cities
| Lincolnton Township | $273.3K | $300.3K | +9.9% |
| Lincolnton | $285K | $300.7K | +5.5% |
| Ironton Township | $335.2K | $345K | +2.9% |
| Maiden | $255K | $262K | +2.7% |
| Howards Creek Township | $300K | $305K | +1.7% |
Housing Supply in Lincolnton Township, NC
How many homes are available in Lincolnton Township, NC?
Number of Homes For Sale
| May 2024 | Jun 2024 | CHANGE |
|---|---|---|
| 154 | 178 | +15.6% |
Summary: The Lincolnton Township real estate market had 178 homes for sale in June 2024, a 15.6% increase compared to May 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | May 2024 | Jun 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 18 | 28 | +55.6% |
| 3 Bedrooms | 110 | 119 | +8.2% |
| 4 Bedrooms | 21 | 23 | +9.5% |
| 5+ Bedrooms | 5 | 8 | +60.0% |
Summary: The Lincolnton Township housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 55.6%, 3 bedroom homes increased by 8.2%, 4 bedroom homes increased by 9.5%, and 5+ bedroom homes increased by 60%.
Number of Homes Sold
| May 2024 | Jun 2024 | CHANGE |
|---|---|---|
| 34 | 28 | -17.6% |
Asking Price vs. Sold Price
13 Homes Were Sold
Under Asking
8 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Lincolnton Township, you may be able to get a good deal. 46.4% of homes here sold below asking price last month.
Summary: A total of 28 homes were sold or pending in Lincolnton Township in June 2024, down by 17.6% month-over-month. Of the 28 sold homes, 46% were sold under asking, 29% were sold at asking, and 25% were sold over asking.
Days on Market for Lincolnton Township, NC
How long does it take to sell a home in Lincolnton Township, NC?
Average Sale Time
| Jun 2023 | Jun 2024 | CHANGE |
|---|---|---|
| 38 Days | 53 Days | +39.4% |
Summary: Homes in Lincolnton Township had an average of 53 days on market in Jun 2024, up by 39.4% compared to last year.
Breakdown of Home Sale Times
15 Homes Were Sold
Under 30 Days
8 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Lincolnton Township are selling fast, if you're buying plan to act quickly.
Summary: During June 2024, 28 homes were sold in Lincolnton Township; 54% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 18% of homes were sold over 90 days.
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