Is Lincoln County, WY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since June 2023
Since last year, Lincoln County has remained a Buyer's Market.
Housing Prices in Lincoln County, WY
How much do homes in Lincoln County, WY cost?
Median Sold Price
$589,000
$284/sqft
Based on all homes sold in the last 12 months.
Difference Since June 2023
Summary: The median home sold price in Lincoln County was $589,000 in June 2024, up 11.4% from last year, and the median price per square foot was $284.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Jun 2023 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $385K | $517.5K | +34.4% |
2 Bedrooms | $490K | $515K | +5.1% |
3 Bedrooms | $513.5K | $521K | +1.5% |
4 Bedrooms | $715K | $650K | -9.1% |
5+ Bedrooms | $747.5K | $894K | +19.6% |
Summary: Lincoln County housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes increased by 34.4%, 2 bedroom homes increased by 5.1%, 3 bedroom homes increased by 1.5%, 4 bedroom homes decreased by 9.1%, and 5+ bedroom homes increased by 19.6%.
Median Sold Price Compared To Nearby Counties
Sublette County | $332.5K | $415K | +24.8% |
Lincoln County | $528.5K | $589K | +11.4% |
Housing Supply in Lincoln County, WY
How many homes are available in Lincoln County, WY?
Number of Homes For Sale
May 2024 | Jun 2024 | CHANGE |
---|---|---|
144 | 176 | +22.2% |
Summary: The Lincoln County real estate market had 176 homes for sale in June 2024, a 22.2% increase compared to May 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | May 2024 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 15 | 19 | +26.7% |
3 Bedrooms | 53 | 66 | +24.5% |
4 Bedrooms | 38 | 51 | +34.2% |
5+ Bedrooms | 38 | 40 | +5.3% |
Summary: The Lincoln County housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 26.7%, 3 bedroom homes increased by 24.5%, 4 bedroom homes increased by 34.2%, and 5+ bedroom homes increased by 5.3%.
Number of Homes Sold
May 2024 | Jun 2024 | CHANGE |
---|---|---|
14 | 16 | +14.3% |
Asking Price vs. Sold Price
10 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 16 homes were sold or pending in Lincoln County in June 2024, up by 14.3% month-over-month. Of the 16 sold homes, 63% were sold under asking, 25% were sold at asking, and 13% were sold over asking.
Days on Market for Lincoln County, WY
How long does it take to sell a home in Lincoln County, WY?
Average Sale Time
Jun 2023 | Jun 2024 | CHANGE |
---|---|---|
106 Days | 115 Days | +8.0% |
Summary: Homes in Lincoln County had an average of 115 days on market in Jun 2024, up by 8% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
10 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Summary: During June 2024, 16 homes were sold in Lincoln County; 6% of homes were sold within 30 days, 63% of homes were sold within 30 to 90 days, and 31% of homes were sold over 90 days.