Is Lincoln County, WA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, Lincoln County was a Neutral Market.
Key Takeaway
Lincoln County is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Lincoln County, WA
How much do homes in Lincoln County, WA cost?
Median Sold Price
$258,000
$134/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
The sold price of homes in Lincoln County has remained the same since last year.
Summary: The median home sold price in Lincoln County was $258,000 in March 2024, up 0.2% from last year, and the median price per square foot was $134.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $135K | $171K | +26.7% |
| 2 Bedrooms | $215K | $184.2K | -14.3% |
| 3 Bedrooms | $255K | $249K | -2.4% |
| 4 Bedrooms | $322.5K | $363.5K | +12.7% |
| 5+ Bedrooms | $500.5K | $337K | -32.7% |
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 26.7%, 2 bedroom homes decreased by 14.3%, 3 bedroom homes decreased by 2.4%, 4 bedroom homes increased by 12.7%, and 5+ bedroom homes decreased by 32.7%.
Median Sold Price Compared To Nearby Counties
| Ferry County | $203.4K | $325K | +59.7% |
| Adams County | $285K | $330K | +15.8% |
| Stevens County | $358.6K | $362K | +0.9% |
| Lincoln County | $257.5K | $258K | 0.2% |
| Spokane County | $424.8K | $420.1K | -1.1% |
Housing Supply in Lincoln County, WA
How many homes are available in Lincoln County, WA?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 55 | 64 | +16.4% |
Summary: The Lincoln County real estate market had 64 homes for sale in March 2024, a 16.4% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 2 | +100.0% |
| 2 Bedrooms | 10 | 14 | +40.0% |
| 3 Bedrooms | 29 | 32 | +10.3% |
| 4 Bedrooms | 14 | 14 | 0.0% |
| 5+ Bedrooms | 1 | 2 | +100.0% |
Summary: The Lincoln County housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 40%, 3 bedroom homes increased by 10.3%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 9 | 8 | -11.1% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
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.
Summary: A total of 8 homes were sold or pending in Lincoln County in March 2024, down by 11.1% month-over-month. Of the 8 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Lincoln County, WA
How long does it take to sell a home in Lincoln County, WA?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 60 Days | 88 Days | +45.7% |
Summary: Homes in Lincoln County had an average of 88 days on market in Mar 2024, up by 45.7% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in Lincoln County are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During March 2024, 8 homes were sold in Lincoln County; 38% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.
Listings courtesy of Spokane Association of REALTORS® MLS as distributed by MLS GRID.
The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Northwest MLS IDX. Real estate listings held by other brokerage firms are marked with the green "three trees" logo and includes the name of the listing broker(s). Copyright © 2024 Northwest MLS. All rights reserved.