Is Lincolnton Township, 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 Township has remained a Seller's Market.
Housing Prices in Lincolnton Township, NC
How much do homes in Lincolnton Township, NC cost?
Median Sold Price
$298,166
$184/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Lincolnton Township was $298,166 in March 2024, up 12.8% 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 | $50K | $159K | +217.7% |
2 Bedrooms | $153.4K | $194.2K | +26.5% |
3 Bedrooms | $270K | $299.7K | +11.0% |
4 Bedrooms | $397K | $360K | -9.3% |
5+ Bedrooms | $430K | $322K | -25.1% |
Summary: Lincolnton Township housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 217.7%, 2 bedroom homes increased by 26.5%, 3 bedroom homes increased by 11%, 4 bedroom homes decreased by 9.3%, and 5+ bedroom homes decreased by 25.1%.
Median Sold Price Compared To Nearby Cities
Maiden | $230K | $262.5K | +14.1% |
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 Township, NC
How many homes are available in Lincolnton Township, NC?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
131 | 144 | +9.9% |
Summary: The Lincolnton Township real estate market had 144 homes for sale in March 2024, a 9.9% 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 | 86 | 99 | +15.1% |
4 Bedrooms | 20 | 23 | +15.0% |
5+ Bedrooms | 6 | 6 | 0.0% |
Summary: The Lincolnton Township 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 15.1%, 4 bedroom homes increased by 15%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
26 | 31 | +19.2% |
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 Township in March 2024, up by 19.2% 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 Township, NC
How long does it take to sell a home in Lincolnton Township, NC?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
49 Days | 75 Days | +52.7% |
Summary: Homes in Lincolnton Township had an average of 75 days on market in Mar 2024, up by 52.7% 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 Township; 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.