Is Northwest Lincoln, OK a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Northwest Lincoln is a buyer's market

Buyer's
Market

Difference Since Last Month

Last month, Northwest Lincoln was a Seller's Market.

Key Takeaway

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

Housing Prices in Northwest Lincoln, OK

How much do homes in Northwest Lincoln, OK cost?

Median Sold Price

$208,350

$138/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

-$51,650(-19.9%)

Key Takeaway

Homes in Northwest Lincoln have sold for 19.9% less than they did a month ago.

Summary: The median home sold price in Northwest Lincoln was $208,350 in October 2024, down 19.9% from last month, and the median price per square foot was $138.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 -$208.3K
N/A
3 $199.5K-
N/A
4 $270K-
N/A
5+ --
N/A

Summary: Northwest Lincoln housing prices by bedroom type for October 2024 compared to the previous month: 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 did not change, and 5+ bedroom homes did not change.

Housing Supply in Northwest Lincoln, OK

How many homes are available in Northwest Lincoln, OK?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
880.0%

Summary: The Northwest Lincoln real estate market had 8 homes for sale in October 2024, the same as September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 11
0.0%
3 33
0.0%
4 33
0.0%
5+ 11
0.0%

Summary: The Northwest Lincoln housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
31-66.7%

Asking Price vs. Sold Price

1 Home Was 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 Northwest Lincoln, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in Northwest Lincoln in October 2024, down by 66.7% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Northwest Lincoln, OK

How long does it take to sell a home in Northwest Lincoln, OK?

Average Sale Time

Sep 2024Oct 2024CHANGE
57 Days28 Days-51.2%

Summary: Homes in Northwest Lincoln had an average of 28 days on market in Oct 2024, down by 51.2% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Northwest Lincoln are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 1 homes were sold in Northwest Lincoln; 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.

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

Report Updated 12 Days Ago

Newest Listings in Northwest Lincoln, OK

Nearby Markets to Northwest Lincoln, OK

What housing markets are near Northwest Lincoln, OK?