Is Lincoln County, CO a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Lincoln County has remained a Buyer's Market.
Housing Prices in Lincoln County, CO
How much do homes in Lincoln County, CO cost?
Median Sold Price
$140,000
$152/sqft
Based on all homes sold in May 2024.
Difference Since Last Month
Summary: The median home sold price in Lincoln County was $140,000 in May 2024, down 20% from last month, and the median price per square foot was $152.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $175K | - | N/A |
3 Bedrooms | $139.5K | $97.5K | -30.1% |
4 Bedrooms | - | $320K | N/A |
5+ Bedrooms | - | - | N/A |
Summary: Lincoln County housing prices by bedroom type for May 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 30.1%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Counties
Lincoln County | $175K | $140K | -20.0% |
Crowley County | $292K | $79.9K | -72.6% |
Housing Supply in Lincoln County, CO
How many homes are available in Lincoln County, CO?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
22 | 29 | +31.8% |
Summary: The Lincoln County real estate market had 29 homes for sale in May 2024, a 31.8% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 4 | 3 | -25.0% |
3 Bedrooms | 11 | 14 | +27.3% |
4 Bedrooms | 5 | 8 | +60.0% |
5+ Bedrooms | 1 | 3 | +200.0% |
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 decreased by 25%, 3 bedroom homes increased by 27.3%, 4 bedroom homes increased by 60%, and 5+ bedroom homes increased by 200%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
3 | 3 | 0.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 3 homes were sold or pending in Lincoln County in May 2024, the same as the previous month. Of the 3 sold homes, 33% were sold under asking, 33% were sold at asking, and 33% were sold over asking.
Days on Market for Lincoln County, CO
How long does it take to sell a home in Lincoln County, CO?
Average Sale Time
Apr 2024 | May 2024 | CHANGE |
---|---|---|
38 Days | 37 Days | -2.6% |
Summary: Homes in Lincoln County had an average of 37 days on market in May 2024, down by 2.6% compared to last month.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During May 2024, 3 homes were sold in Lincoln County; 67% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.