Is Lincoln Township, AR a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Lincoln Township is a seller's market

Buyer's
Market

Difference Since August 2023

Since last year, Lincoln Township has remained a Seller's Market.

Key Takeaway

Lincoln Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Lincoln Township, AR

How much do homes in Lincoln Township, AR cost?

Median Sold Price

$229,999

$157/sqft

Based on all homes sold in the last 12 months.

Difference Since August 2023

+$12,999(+6.0%)

Key Takeaway

Homes in Lincoln Township have sold for 6% more than they did a year ago.

Summary: The median home sold price in Lincoln Township was $229,999 in August 2024, up 6% from last year, and the median price per square foot was $157.

Median Sold Price By Bedroom Count

# BEDSAug 2023Aug 2024CHANGE
1 $80K-
N/A
2 $107K$141K
+31.7%
3 $219.5K$238.2K
+8.5%
4 $304.9K$255K
-16.4%
5+ $605K$396.2K
-34.5%

Summary: Lincoln Township housing prices by bedroom type for August 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 31.7%, 3 bedroom homes increased by 8.5%, 4 bedroom homes decreased by 16.4%, and 5+ bedroom homes decreased by 34.5%.

Housing Supply in Lincoln Township, AR

How many homes are available in Lincoln Township, AR?

Number of Homes For Sale

Jul 2024Aug 2024CHANGE
4137-9.8%

Summary: The Lincoln Township real estate market had 37 homes for sale in August 2024, a 9.8% decrease compared to July 2024.

Homes For Sale By Bedroom Count

# BEDSJul 2024Aug 2024CHANGE
1 00
0.0%
2 65
-16.7%
3 2524
-4.0%
4 97
-22.2%
5+ 11
0.0%

Summary: The Lincoln Township housing inventory by bedroom type for August 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 16.7%, 3 bedroom homes decreased by 4%, 4 bedroom homes decreased by 22.2%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Jul 2024Aug 2024CHANGE
98-11.1%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Lincoln Township, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.

Summary: A total of 8 homes were sold or pending in Lincoln Township in August 2024, down by 11.1% month-over-month. Of the 8 sold homes, 38% were sold under asking, 50% were sold at asking, and 13% were sold over asking.

Days on Market for Lincoln Township, AR

How long does it take to sell a home in Lincoln Township, AR?

Average Sale Time

Aug 2023Aug 2024CHANGE
115 Days79 Days-31.5%

Summary: Homes in Lincoln Township had an average of 79 days on market in Aug 2024, down by 31.5% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

6 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Lincoln Township has remained consistent over time.

Summary: During August 2024, 8 homes were sold in Lincoln Township; 13% of homes were sold within 30 days, 75% of homes were sold within 30 to 90 days, and 13% 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 19 Days Ago

Newest Listings in Lincoln Township, AR

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