Is Lincoln Township, IA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Lincoln Township has remained a Buyer's Market.
Housing Prices in Lincoln Township, IA
How much do homes in Lincoln Township, IA cost?
Median Sold Price
$508,500
$283/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Lincoln Township was $508,500 in April 2024, up 17% from last year, and the median price per square foot was $283.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $247.5K | $389.9K | +57.5% |
3 Bedrooms | $392.7K | $427.8K | +8.9% |
4 Bedrooms | $463K | $460K | -0.6% |
5+ Bedrooms | $756.5K | $760K | 0.5% |
Summary: Lincoln Township 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 increased by 57.5%, 3 bedroom homes increased by 8.9%, 4 bedroom homes decreased by 0.6%, and 5+ bedroom homes increased by 0.5%.
Median Sold Price Compared To Nearby Cities
Lincoln Township | $434.7K | $508.5K | +17.0% |
Slater | $255K | $285K | +11.8% |
Housing Supply in Lincoln Township, IA
How many homes are available in Lincoln Township, IA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
24 | 25 | +4.2% |
Summary: The Lincoln Township real estate market had 25 homes for sale in April 2024, a 4.2% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 4 | 3 | -25.0% |
3 Bedrooms | 5 | 6 | +20.0% |
4 Bedrooms | 7 | 9 | +28.6% |
5+ Bedrooms | 8 | 7 | -12.5% |
Summary: The Lincoln Township housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 25%, 3 bedroom homes increased by 20%, 4 bedroom homes increased by 28.6%, and 5+ bedroom homes decreased by 12.5%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
2 | 2 | 0.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 2 homes were sold or pending in Lincoln Township in April 2024, the same as the previous month. Of the 2 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.
Days on Market for Lincoln Township, IA
How long does it take to sell a home in Lincoln Township, IA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
226 Days | 64 Days | -71.6% |
Summary: Homes in Lincoln Township had an average of 64 days on market in Apr 2024, down by 71.6% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During April 2024, 2 homes were sold in Lincoln Township; 50% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.