Is Lincoln County, WA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Lincoln County was a Seller's Market.
Key Takeaway
Lincoln County is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Lincoln County, WA
How much do homes in Lincoln County, WA cost?
Median Sold Price
$268,325
$144/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Lincoln County have sold for 10.9% more than they did a year ago.
Summary: The median home sold price in Lincoln County was $268,325 in April 2024, up 10.9% from last year, and the median price per square foot was $144.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $130K | - | N/A |
| 2 Bedrooms | $205K | $215K | +4.9% |
| 3 Bedrooms | $245.9K | $262.6K | +6.8% |
| 4 Bedrooms | $310K | $426.2K | +37.5% |
| 5+ Bedrooms | $391K | $299K | -23.5% |
Summary: Lincoln County 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 4.9%, 3 bedroom homes increased by 6.8%, 4 bedroom homes increased by 37.5%, and 5+ bedroom homes decreased by 23.5%.
Median Sold Price Compared To Nearby Counties
| Adams County | $295K | $340K | +15.3% |
| Lincoln County | $242K | $268.3K | +10.9% |
| Stevens County | $360.3K | $361.5K | 0.3% |
| Spokane County | $423.8K | $420.7K | -0.7% |
Housing Supply in Lincoln County, WA
How many homes are available in Lincoln County, WA?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 61 | 70 | +14.8% |
Summary: The Lincoln County real estate market had 70 homes for sale in April 2024, a 14.8% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 15 | 16 | +6.7% |
| 3 Bedrooms | 30 | 31 | +3.3% |
| 4 Bedrooms | 13 | 19 | +46.2% |
| 5+ Bedrooms | 2 | 3 | +50.0% |
Summary: The Lincoln County 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 increased by 6.7%, 3 bedroom homes increased by 3.3%, 4 bedroom homes increased by 46.2%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 9 | 5 | -44.4% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Lincoln County, you may be able to get a good deal. 40% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in Lincoln County in April 2024, down by 44.4% month-over-month. Of the 5 sold homes, 40% were sold under asking, 20% were sold at asking, and 40% were sold over asking.
Days on Market for Lincoln County, WA
How long does it take to sell a home in Lincoln County, WA?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 87 Days | 22 Days | -74.6% |
Summary: Homes in Lincoln County had an average of 22 days on market in Apr 2024, down by 74.6% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Lincoln County are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 5 homes were sold in Lincoln County; 80% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Listings courtesy of Spokane Association of REALTORS® MLS as distributed by MLS GRID.
The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Northwest MLS IDX. Real estate listings held by other brokerage firms are marked with the green "three trees" logo and includes the name of the listing broker(s). Copyright © 2024 Northwest MLS. All rights reserved.