Is Lincroft, NJ a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Lincroft has remained a Seller's Market.
Housing Prices in Lincroft, NJ
How much do homes in Lincroft, NJ cost?
Median Sold Price
$825,000
$346/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Lincroft was $825,000 in April 2024, up 1.9% from last year, and the median price per square foot was $346.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | - | $675K | N/A |
3 Bedrooms | $760K | $760K | 0.0% |
4 Bedrooms | $810K | $905K | +11.7% |
5+ Bedrooms | $925K | $1.4M | +60.2% |
Summary: Lincroft housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes increased by 11.7%, and 5+ bedroom homes increased by 60.2%.
Median Sold Price Compared To Nearby Cities
Holmdel Township | $849.9K | $925K | +8.8% |
Middletown Township | $562K | $585K | +4.1% |
Colts Neck | $1.1M | $1.2M | +3.4% |
Colts Neck Township | $1.2M | $1.2M | +2.3% |
Lincroft | $810K | $825K | +1.9% |
Housing Supply in Lincroft, NJ
How many homes are available in Lincroft, NJ?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
23 | 25 | +8.7% |
Summary: The Lincroft real estate market had 25 homes for sale in April 2024, a 8.7% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 1 | 1 | 0.0% |
3 Bedrooms | 10 | 8 | -20.0% |
4 Bedrooms | 9 | 11 | +22.2% |
5+ Bedrooms | 3 | 5 | +66.7% |
Summary: The Lincroft housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 20%, 4 bedroom homes increased by 22.2%, and 5+ bedroom homes increased by 66.7%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
2 | 8 | +300.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
4 Homes Were Sold
Over Asking
Summary: A total of 8 homes were sold or pending in Lincroft in April 2024, up by 300.0% month-over-month. Of the 8 sold homes, 38% were sold under asking, 13% were sold at asking, and 50% were sold over asking.
Days on Market for Lincroft, NJ
How long does it take to sell a home in Lincroft, NJ?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
16 Days | 34 Days | +106.1% |
Summary: Homes in Lincroft had an average of 34 days on market in Apr 2024, up by 106.1% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During April 2024, 8 homes were sold in Lincroft; 75% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.