Is Lincoln Village, OH 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, Lincoln Village has remained a Seller's Market.
Key Takeaway
Lincoln Village is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Lincoln Village, OH
How much do homes in Lincoln Village, OH cost?
Median Sold Price
$206,000
$164/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Lincoln Village have sold for 4.1% more than they did a year ago.
Summary: The median home sold price in Lincoln Village was $206,000 in April 2024, up 4.1% from last year, and the median price per square foot was $164.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $65K | $73.5K | +13.1% |
| 2 Bedrooms | $157.5K | $175K | +11.1% |
| 3 Bedrooms | $200K | $210K | +5.0% |
| 4 Bedrooms | $230K | $257K | +11.7% |
| 5+ Bedrooms | $191.2K | - | N/A |
Summary: Lincoln Village housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 13.1%, 2 bedroom homes increased by 11.1%, 3 bedroom homes increased by 5%, 4 bedroom homes increased by 11.7%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Neighborhoods
| Lincoln Village South | $195K | $210.5K | +7.9% |
| Lincoln Village | $197.9K | $206K | +4.1% |
Housing Supply in Lincoln Village, OH
How many homes are available in Lincoln Village, OH?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 32 | 35 | +9.4% |
Summary: The Lincoln Village real estate market had 35 homes for sale in April 2024, a 9.4% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 3 | 0.0% |
| 2 Bedrooms | 2 | 3 | +50.0% |
| 3 Bedrooms | 15 | 18 | +20.0% |
| 4 Bedrooms | 11 | 10 | -9.1% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Lincoln Village 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 increased by 50%, 3 bedroom homes increased by 20%, 4 bedroom homes decreased by 9.1%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 8 | 9 | +12.5% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Lincoln Village, you could pay more than the asking price. 44.4% of homes here sold above asking price last month.
Summary: A total of 9 homes were sold or pending in Lincoln Village in April 2024, up by 12.5% month-over-month. Of the 9 sold homes, 22% were sold under asking, 33% were sold at asking, and 44% were sold over asking.
Days on Market for Lincoln Village, OH
How long does it take to sell a home in Lincoln Village, OH?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 23 Days | 4 Days | -79.7% |
Summary: Homes in Lincoln Village had an average of 4 days on market in Apr 2024, down by 79.7% compared to last year.
Breakdown of Home Sale Times
9 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Lincoln Village are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 9 homes were sold in Lincoln Village; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
The information is being provided by Columbus and Central Ohio Regional Multiple Listing Service. Information deemed reliable but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase.