Is Lincoln Park, WI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Lincoln Park is a seller's market

Buyer's
Market

Difference Since April 2023

Since last year, Lincoln Park has remained a Seller's Market.

Key Takeaway

Lincoln Park is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Lincoln Park, WI

How much do homes in Lincoln Park, WI cost?

Median Sold Price

$115,200

$99/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

-$4,800(-4.0%)

Key Takeaway

Homes in Lincoln Park have sold for 4% less than they did a year ago.

Summary: The median home sold price in Lincoln Park was $115,200 in April 2024, down 4% from last year, and the median price per square foot was $99.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 -$33K
N/A
2 $104.4K$84.9K
-18.7%
3 $127K$127K
0.0%
4 $142.5K$184.9K
+29.8%
5+ $195.5K$136K
-30.4%

Summary: Lincoln Park housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 18.7%, 3 bedroom homes did not change, 4 bedroom homes increased by 29.8%, and 5+ bedroom homes decreased by 30.4%.

Median Sold Price Compared To Nearby Neighborhoods

Lincoln Park
-4.0%
Old North Milwaukee
-11.9%
Near North
-12.6%

Housing Supply in Lincoln Park, WI

How many homes are available in Lincoln Park, WI?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
34340.0%

Summary: The Lincoln Park real estate market had 34 homes for sale in April 2024, the same as March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 01
+100.0%
2 23
+50.0%
3 2321
-8.7%
4 66
0.0%
5+ 33
0.0%

Summary: The Lincoln Park housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 50%, 3 bedroom homes decreased by 8.7%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
11110.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

6 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Lincoln Park, you could pay more than the asking price. 54.5% of homes here sold above asking price last month.

Summary: A total of 11 homes were sold or pending in Lincoln Park in April 2024, the same as the previous month. Of the 11 sold homes, 27% were sold under asking, 18% were sold at asking, and 55% were sold over asking.

Days on Market for Lincoln Park, WI

We’re sorry, we don't have information for this market at the moment

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

Report Updated 2 Days Ago

Newest Listings in Lincoln Park, WI

Nearby Markets to Lincoln Park, WI