Is Lincoln County, NV a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since June 2023
Since last year, Lincoln County has remained a Buyer's Market.
Housing Prices in Lincoln County, NV
How much do homes in Lincoln County, NV cost?
Median Sold Price
$240,000
$142/sqft
Based on all homes sold in the last 12 months.
Difference Since June 2023
Summary: The median home sold price in Lincoln County was $240,000 in June 2024, up 29.7% from last year, and the median price per square foot was $142.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Jun 2023 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $195K | N/A |
2 Bedrooms | $165K | $178.4K | +8.2% |
3 Bedrooms | $177.5K | $240K | +35.2% |
4 Bedrooms | - | $365K | N/A |
5+ Bedrooms | $282.5K | $350K | +23.9% |
Summary: Lincoln County housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 8.2%, 3 bedroom homes increased by 35.2%, 4 bedroom homes did not change, and 5+ bedroom homes increased by 23.9%.
Median Sold Price Compared To Nearby Counties
Lincoln County | $185K | $240K | +29.7% |
Clark County | $408.2K | $424.8K | +4.1% |
Housing Supply in Lincoln County, NV
How many homes are available in Lincoln County, NV?
Number of Homes For Sale
May 2024 | Jun 2024 | CHANGE |
---|---|---|
21 | 23 | +9.5% |
Summary: The Lincoln County real estate market had 23 homes for sale in June 2024, a 9.5% increase compared to May 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | May 2024 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 1 | +100.0% |
2 Bedrooms | 4 | 5 | +25.0% |
3 Bedrooms | 8 | 7 | -12.5% |
4 Bedrooms | 4 | 4 | 0.0% |
5+ Bedrooms | 5 | 6 | +20.0% |
Summary: The Lincoln County housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 25%, 3 bedroom homes decreased by 12.5%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 20%.
Number of Homes Sold
May 2024 | Jun 2024 | CHANGE |
---|---|---|
2 | 3 | +50.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 3 homes were sold or pending in Lincoln County in June 2024, up by 50.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 0% were sold at asking, and 67% were sold over asking.
Days on Market for Lincoln County, NV
How long does it take to sell a home in Lincoln County, NV?
Average Sale Time
Jun 2023 | Jun 2024 | CHANGE |
---|---|---|
254 Days | 46 Days | -81.9% |
Summary: Homes in Lincoln County had an average of 46 days on market in Jun 2024, down by 81.9% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During June 2024, 3 homes were sold in Lincoln County; 33% of homes were sold within 30 days, 67% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.