Is Lincoln Township, MO 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, MO
How much do homes in Lincoln Township, MO cost?
Median Sold Price
$227,250
$1,210/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 $227,250 in May 2024, up 3.3% from last year, and the median price per square foot was $1,210.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $308.5K | - | N/A |
2 Bedrooms | $75K | $144.5K | +92.7% |
3 Bedrooms | $215K | $223.5K | +4.0% |
4 Bedrooms | $312K | $242.5K | -22.3% |
5+ Bedrooms | $452.5K | $467.4K | +3.3% |
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 92.7%, 3 bedroom homes increased by 4%, 4 bedroom homes decreased by 22.3%, and 5+ bedroom homes increased by 3.3%.
Median Sold Price Compared To Nearby Cities
East Republic Township | $275K | $295.9K | +7.6% |
Clever | $220K | $230K | +4.5% |
Lincoln Township | $220K | $227.2K | +3.3% |
Union Chapel Township | $324.9K | $335K | +3.1% |
Rosedale Township | $305K | $301.4K | -1.2% |
Housing Supply in Lincoln Township, MO
How many homes are available in Lincoln Township, MO?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
32 | 36 | +12.5% |
Summary: The Lincoln Township real estate market had 36 homes for sale in May 2024, a 12.5% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 1 | 3 | +200.0% |
3 Bedrooms | 17 | 22 | +29.4% |
4 Bedrooms | 8 | 6 | -25.0% |
5+ Bedrooms | 6 | 5 | -16.7% |
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 increased by 200%, 3 bedroom homes increased by 29.4%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes decreased by 16.7%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
7 | 8 | +14.3% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 8 homes were sold or pending in Lincoln Township in May 2024, up by 14.3% month-over-month. Of the 7 sold homes, 43% were sold under asking, 43% were sold at asking, and 14% were sold over asking.
Days on Market for Lincoln Township, MO
How long does it take to sell a home in Lincoln Township, MO?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
36 Days | 9 Days | -72.6% |
Summary: Homes in Lincoln Township had an average of 9 days on market in May 2024, down by 72.6% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During May 2024, 8 homes were sold in Lincoln Township; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.