Housing Prices in Lincoln County, SD

How much do homes in Lincoln County, SD cost?

Median List Price

$383,350

$232/sqft

Based on all homes listed in February 2024.

Difference Since Last Month

-$26,550(-6.5%)

Key Takeaway

The list price of homes in Lincoln County has decreased by 6.5% since January.

Summary: The median home list price in Lincoln County was $383,350 in February 2024, down 6.5% from the previous month, and the median price per square foot was $232.

Median List Price By Bedroom Count

# BEDSJan 2024Feb 2024CHANGE
1 -$214.7K
N/A
2 $354.7K$345K
-2.7%
3 $381.3K$369.4K
-3.1%
4 $489.9K$442.4K
-9.7%
5+ $635K$625K
-1.6%

Summary: Lincoln County housing prices by bedroom type for February 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 2.7%, 3 bedroom homes decreased by 3.1%, 4 bedroom homes decreased by 9.7%, and 5+ bedroom homes decreased by 1.6%.

Median List Price Compared To Nearby Counties

Lyon County
0.0%
Minnehaha County
-1.5%
Lincoln County
-6.5%
Union County
-7.3%

Housing Supply in Lincoln County, SD

How many homes are available in Lincoln County, SD?

Number of Homes For Sale

Jan 2024Feb 2024CHANGE
157252+60.5%

Summary: The Lincoln County real estate market had 252 homes for sale in February 2024, a 60.5% increase compared to January 2024.

Homes For Sale By Bedroom Count

# BEDSJan 2024Feb 2024CHANGE
1 02
+100.0%
2 4872
+50.0%
3 5888
+51.7%
4 2846
+64.3%
5+ 2344
+91.3%

Summary: The Lincoln County housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 50%, 3 bedroom homes increased by 51.7%, 4 bedroom homes increased by 64.3%, and 5+ bedroom homes increased by 91.3%.

Days on Market for Lincoln County, SD

How long does it take to sell a home in Lincoln County, SD?

Average Listing Age

Jan 2024Feb 2024CHANGE
73 Days69 Days-5.5%

Summary: Homes in Lincoln County had an average listing age of 69 days in Feb 2024, down by 5.5% compared to the previous month.

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

Report Updated 27 Days Ago

Newest Listings in Lincoln County, SD

Nearby Markets to Lincoln County, SD

What housing markets are near Lincoln County, SD?