$46,500
0.16 Acres
Land
Listing Office: Legend Realty Inc
Is Lincoln Township, AR a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 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
$227,499
$159/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$2,749(+1.2%)
Key Takeaway
Homes in Lincoln Township have sold for 1.2% more than they did a year ago.
Summary: The median home sold price in Lincoln Township was $227,499 in October 2024, up 1.2% from last year, and the median price per square foot was $159.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $70K | $152.5K | +117.9% |
| 3 Bedrooms | $220K | $234K | +6.4% |
| 4 Bedrooms | $375K | $255K | -32.0% |
| 5+ Bedrooms | $605K | $396.2K | -34.5% |
Summary: Lincoln Township housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 117.9%, 3 bedroom homes increased by 6.4%, 4 bedroom homes decreased by 32%, 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
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 35 | 34 | -2.9% |
Summary: The Lincoln Township real estate market had 34 homes for sale in October 2024, a 2.9% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 0 | -100.0% |
| 2 Bedrooms | 4 | 4 | 0.0% |
| 3 Bedrooms | 22 | 23 | +4.5% |
| 4 Bedrooms | 7 | 6 | -14.3% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Lincoln Township housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes remained the same, 3 bedroom homes increased by 4.5%, 4 bedroom homes decreased by 14.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 6 | 6 | 0.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
2 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Lincoln Township, you could pay more than the asking price. 50% of homes here sold above asking price last month.
Summary: A total of 6 homes were sold or pending in Lincoln Township in October 2024, the same as the previous month. Of the 6 sold homes, 17% were sold under asking, 33% were sold at asking, and 50% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 87 Days | 119 Days | +35.7% |
Summary: Homes in Lincoln Township had an average of 119 days on market in Oct 2024, up by 35.7% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in Lincoln Township are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During October 2024, 6 homes were sold in Lincoln Township; 0% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 67% of homes were sold over 90 days.
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity℠ Program of the Cooperative Arkansas REALTORS® Multiple Listing Services, Inc. Real estate listings, held by brokerage firms other than this broker, are marked with the Broker Reciprocity℠ logo and information about them includes the name of the listing brokers. The IDX information is provided exclusively for consumers’ personal, non-commercial use that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that data is deemed reliable but is not guaranteed accurate by the MLS. Copyright© 2024 Cooperative Arkansas Realtors MLS. All Rights Reserved.