Is Lincoln County, OK 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 County has remained a Seller's Market.
Housing Prices in Lincoln County, OK
How much do homes in Lincoln County, OK cost?
Median Sold Price
$160,000
$116/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Lincoln County was $160,000 in April 2024, down 1.5% from last year, and the median price per square foot was $116.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $71.6K | $75K | +4.7% |
2 Bedrooms | $90K | $89K | -1.1% |
3 Bedrooms | $164K | $181K | +10.4% |
4 Bedrooms | $221K | $285K | +29.0% |
5+ Bedrooms | $267.5K | $236K | -11.8% |
Summary: Lincoln County housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 4.7%, 2 bedroom homes decreased by 1.1%, 3 bedroom homes increased by 10.4%, 4 bedroom homes increased by 29%, and 5+ bedroom homes decreased by 11.8%.
Median Sold Price Compared To Nearby Counties
Pottawatomie County | $177.5K | $199.9K | +12.7% |
Oklahoma County | $246.2K | $254.7K | +3.5% |
Logan County | $250K | $249.6K | -0.2% |
Lincoln County | $162.5K | $160K | -1.5% |
Payne County | $218.6K | $205K | -6.2% |
Housing Supply in Lincoln County, OK
How many homes are available in Lincoln County, OK?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
107 | 102 | -4.7% |
Summary: The Lincoln County real estate market had 102 homes for sale in April 2024, a 4.7% decrease compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 2 | +100.0% |
2 Bedrooms | 15 | 12 | -20.0% |
3 Bedrooms | 64 | 62 | -3.1% |
4 Bedrooms | 22 | 24 | +9.1% |
5+ Bedrooms | 5 | 2 | -60.0% |
Summary: The Lincoln County 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 decreased by 20%, 3 bedroom homes decreased by 3.1%, 4 bedroom homes increased by 9.1%, and 5+ bedroom homes decreased by 60%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
26 | 22 | -15.4% |
Asking Price vs. Sold Price
15 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 22 homes were sold or pending in Lincoln County in April 2024, down by 15.4% month-over-month. Of the 22 sold homes, 68% were sold under asking, 18% were sold at asking, and 14% were sold over asking.
Days on Market for Lincoln County, OK
How long does it take to sell a home in Lincoln County, OK?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
57 Days | 63 Days | +9.9% |
Summary: Homes in Lincoln County had an average of 63 days on market in Apr 2024, up by 9.9% compared to last year.
Breakdown of Home Sale Times
10 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
6 Homes Were Sold
Over 90 Days
Summary: During April 2024, 22 homes were sold in Lincoln County; 45% of homes were sold within 30 days, 27% of homes were sold within 30 to 90 days, and 27% of homes were sold over 90 days.