Is Lincoln County, OK 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, Lincoln County has remained a Seller's Market.
Housing Prices in Lincoln County, OK
How much do homes in Lincoln County, OK cost?
Median Sold Price
$160,500
$114/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Lincoln County was $160,500 in March 2024, down 1.2% from last year, and the median price per square foot was $114.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $71.6K | $127.5K | +77.9% |
2 Bedrooms | $90K | $86.2K | -4.2% |
3 Bedrooms | $163K | $183K | +12.3% |
4 Bedrooms | $230K | $264.5K | +15.0% |
5+ Bedrooms | $200K | $236K | +18.0% |
Summary: Lincoln County housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 77.9%, 2 bedroom homes decreased by 4.2%, 3 bedroom homes increased by 12.3%, 4 bedroom homes increased by 15%, and 5+ bedroom homes increased by 18%.
Median Sold Price Compared To Nearby Counties
Pottawatomie County | $179K | $198.7K | +11.0% |
Oklahoma County | $245K | $253.9K | +3.6% |
Payne County | $201K | $205K | +2.0% |
Logan County | $249K | $250K | 0.4% |
Lincoln County | $162.5K | $160.5K | -1.2% |
Housing Supply in Lincoln County, OK
How many homes are available in Lincoln County, OK?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
91 | 98 | +7.7% |
Summary: The Lincoln County real estate market had 98 homes for sale in March 2024, a 7.7% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 0 | -100.0% |
2 Bedrooms | 13 | 16 | +23.1% |
3 Bedrooms | 56 | 57 | +1.8% |
4 Bedrooms | 14 | 20 | +42.9% |
5+ Bedrooms | 7 | 5 | -28.6% |
Summary: The Lincoln County housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes increased by 23.1%, 3 bedroom homes increased by 1.8%, 4 bedroom homes increased by 42.9%, and 5+ bedroom homes decreased by 28.6%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
18 | 25 | +38.9% |
Asking Price vs. Sold Price
14 Homes Were Sold
Under Asking
9 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 25 homes were sold or pending in Lincoln County in March 2024, up by 38.9% month-over-month. Of the 25 sold homes, 56% were sold under asking, 36% were sold at asking, and 8% were sold over asking.
Days on Market for Lincoln County, OK
How long does it take to sell a home in Lincoln County, OK?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
45 Days | 58 Days | +30.0% |
Summary: Homes in Lincoln County had an average of 58 days on market in Mar 2024, up by 30% compared to last year.
Breakdown of Home Sale Times
12 Homes Were Sold
Under 30 Days
9 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Summary: During March 2024, 25 homes were sold in Lincoln County; 48% of homes were sold within 30 days, 36% of homes were sold within 30 to 90 days, and 16% of homes were sold over 90 days.