Is Lincoln Township, IN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Lincoln Township has remained a Seller's Market.
Housing Prices in Lincoln Township, IN
How much do homes in Lincoln Township, IN cost?
Median Sold Price
$322,400
$157/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Lincoln Township was $322,400 in May 2024, up 5.5% from last year, and the median price per square foot was $157.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $225.2K | N/A |
2 Bedrooms | $221K | $266K | +20.4% |
3 Bedrooms | $284.3K | $299.9K | +5.5% |
4 Bedrooms | $370K | $375K | +1.4% |
5+ Bedrooms | $420K | $454.9K | +8.3% |
Summary: Lincoln Township housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 20.4%, 3 bedroom homes increased by 5.5%, 4 bedroom homes increased by 1.4%, and 5+ bedroom homes increased by 8.3%.
Median Sold Price Compared To Nearby Cities
Brownsburg | $310K | $365K | +17.7% |
Brown Township | $392.5K | $414.8K | +5.7% |
Lincoln Township | $305.4K | $322.4K | +5.5% |
Washington Township | $314.3K | $325K | +3.4% |
Clermont | $244.9K | $204K | -16.7% |
Housing Supply in Lincoln Township, IN
How many homes are available in Lincoln Township, IN?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
115 | 110 | -4.3% |
Summary: The Lincoln Township real estate market had 110 homes for sale in May 2024, a 4.3% decrease compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 15 | 14 | -6.7% |
3 Bedrooms | 57 | 58 | +1.8% |
4 Bedrooms | 28 | 27 | -3.6% |
5+ Bedrooms | 14 | 10 | -28.6% |
Summary: The Lincoln Township housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 6.7%, 3 bedroom homes increased by 1.8%, 4 bedroom homes decreased by 3.6%, and 5+ bedroom homes decreased by 28.6%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
31 | 32 | +3.2% |
Asking Price vs. Sold Price
10 Homes Were Sold
Under Asking
10 Homes Were Sold
At Asking
12 Homes Were Sold
Over Asking
Summary: A total of 32 homes were sold or pending in Lincoln Township in May 2024, up by 3.2% month-over-month. Of the 32 sold homes, 31% were sold under asking, 31% were sold at asking, and 38% were sold over asking.
Days on Market for Lincoln Township, IN
How long does it take to sell a home in Lincoln Township, IN?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
21 Days | 14 Days | -31.6% |
Summary: Homes in Lincoln Township had an average of 14 days on market in May 2024, down by 31.6% compared to last year.
Breakdown of Home Sale Times
28 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During May 2024, 32 homes were sold in Lincoln Township; 88% of homes were sold within 30 days, 9% of homes were sold within 30 to 90 days, and 3% of homes were sold over 90 days.