Is Lincoln County, NV a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Lincoln County is a buyer's market

Buyer's
Market

Difference Since November 2021

At the same time last year, Lincoln County was a Seller's Market.

Key Takeaway

Lincoln County is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

How much do homes in Lincoln County, NV cost?

Median Sold Price

$180,000

$116/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2021

-$32,500(-15.3%)

Key Takeaway

Homes in Lincoln County have sold for 15.3% less than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSNov 2021Nov 2022%
1 $132.2K$170K
+28.5%
2 $156.2K$192K
+22.9%
3 $244K$169.9K
-30.4%
4 $242.5K$160K
-34.0%
5+ $295K$282.5K
-4.2%

Median Sold Price Compared To Nearby Counties

Clark County
+18.2%
Lincoln County
-15.3%

How many homes are available in Lincoln County, NV?

Number of Homes For Sale

Oct 2022Nov 2022%
2220-9.1%

Homes For Sale By Bedroom Count

# BEDSOct 2022Nov 2022%
1 00
0.0%
2 43
-25.0%
3 1311
-15.4%
4 23
+50.0%
5+ 33
0.0%

Number of Homes Sold

Oct 2022Nov 2022%
42-50.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Lincoln County, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Average Sale Time

Nov 2021Nov 2022%
62 Days214 Days+242.7%

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Lincoln County has remained consistent over time.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

About Lincoln County, NV

Lincoln County, NV has 20 homes on the market. In November 2022 in Lincoln County, NV there were 9.1% less homes for sale than in October 2022. In November 2022, listings were on the market for 214 days. During the same period, the median list price in this real estate market was $180,000. Between October 2022 and November 2022, listing prices of homes in this real estate market have seen the following changes: 1 bedroom properties became 28.5% more expensive, 2 bedrooms properties became 22.9% more expensive, 3 bedrooms properties prices decreased by 30.4%, 4 bedrooms properties became 34% more cheaper, prices of 5 bedrooms properties went down by 4.2%. Volume of homes for sale in this real estate market have seen the following changes: 1 bedroom homes did not move, 2 bedrooms homes became 25% less available, volume of 3 bedrooms homes went down by 15.4%, 4 bedrooms homes inventory increased by 50%, number of 5 bedrooms homes remained the same. Lincoln County, NV housing market in November 2022 saw over 0 listings sold above listed price, more than 0 sold at listed price and over 2 sold below.

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