Is Lincoln County, NV a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Lincoln County is a buyer's market

Buyer's
Market

Difference Since May 2023

Since last year, Lincoln County has remained a Buyer'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, NV

How much do homes in Lincoln County, NV cost?

Median Sold Price

$201,000

$147/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2023

+$21,000(+11.7%)

Key Takeaway

Homes in Lincoln County have sold for 11.7% more than they did a year ago.

Summary: The median home sold price in Lincoln County was $201,000 in May 2024, up 11.7% from last year, and the median price per square foot was $147.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 -$195K
N/A
2 $165K$178.4K
+8.2%
3 $169.9K$227.5K
+33.9%
4 -$365K
N/A
5+ $282.5K-
N/A

Summary: Lincoln County 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 8.2%, 3 bedroom homes increased by 33.9%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Counties

Lincoln County
+11.7%
Clark County
+2.1%

Housing Supply in Lincoln County, NV

How many homes are available in Lincoln County, NV?

Number of Homes For Sale

Apr 2024May 2024CHANGE
21210.0%

Summary: The Lincoln County real estate market had 21 homes for sale in May 2024, the same as April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 11
0.0%
2 23
+50.0%
3 88
0.0%
4 54
-20.0%
5+ 55
0.0%

Summary: The Lincoln County 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 50%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 20%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Apr 2024May 2024CHANGE
220.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Lincoln County, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Lincoln County in May 2024, the same as the previous month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Lincoln County, NV

How long does it take to sell a home in Lincoln County, NV?

Average Sale Time

May 2023May 2024CHANGE
13 Days198 Days+1423.1%

Summary: Homes in Lincoln County had an average of 198 days on market in May 2024, up by 1423.1% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Lincoln County are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During May 2024, 2 homes were sold in Lincoln County; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 1 Day Ago

Newest Listings in Lincoln County, NV

Nearby Markets to Lincoln County, NV

What housing markets are near Lincoln County, NV?