Is Lincoln County, WY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 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
$458,750
$223/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Lincoln County was $458,750 in March 2024, down 18.2% from last year, and the median price per square foot was $223.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $385K | $250K | -35.1% |
2 Bedrooms | $485K | $260.7K | -46.2% |
3 Bedrooms | $570K | $435K | -23.7% |
4 Bedrooms | $646.5K | $582.5K | -9.9% |
5+ Bedrooms | $775.7K | $687K | -11.4% |
Summary: Lincoln County housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 35.1%, 2 bedroom homes decreased by 46.2%, 3 bedroom homes decreased by 23.7%, 4 bedroom homes decreased by 9.9%, and 5+ bedroom homes decreased by 11.4%.
Median Sold Price Compared To Nearby Counties
Sublette County | $355K | $400K | +12.7% |
Lincoln County | $561K | $458.7K | -18.2% |
Housing Supply in Lincoln County, WY
How many homes are available in Lincoln County, WY?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
91 | 102 | +12.1% |
Summary: The Lincoln County real estate market had 102 homes for sale in March 2024, a 12.1% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 0 | -100.0% |
2 Bedrooms | 11 | 12 | +9.1% |
3 Bedrooms | 37 | 46 | +24.3% |
4 Bedrooms | 20 | 23 | +15.0% |
5+ Bedrooms | 21 | 21 | 0.0% |
Summary: The Lincoln County housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes increased by 9.1%, 3 bedroom homes increased by 24.3%, 4 bedroom homes increased by 15%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
13 | 13 | 0.0% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 13 homes were sold or pending in Lincoln County in March 2024, the same as the previous month. Of the 13 sold homes, 62% were sold under asking, 31% were sold at asking, and 8% 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
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
87 Days | 132 Days | +51.9% |
Summary: Homes in Lincoln County had an average of 132 days on market in Mar 2024, up by 51.9% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
9 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During March 2024, 13 homes were sold in Lincoln County; 8% of homes were sold within 30 days, 69% of homes were sold within 30 to 90 days, and 23% of homes were sold over 90 days.