$4,572 Closing Credit*
$385,000
1,695 SqFt
3 Beds
•2 Full Baths, 1 Partial
Kendra G Whitaker, Listing Office: Samson Properties
Is Fort Lincoln, DC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, Fort Lincoln was a Buyer's Market.
Key Takeaway
Fort Lincoln is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Fort Lincoln, DC
How much do homes in Fort Lincoln, DC cost?
Median Sold Price
$665,000
$297/sqft
Based on all homes sold in December 2024.
Difference Since Last Month
-$13,500(-2.0%)
Key Takeaway
Homes in Fort Lincoln have sold for 2% less than they did a month ago.
Summary: The median home sold price in Fort Lincoln was $665,000 in December 2024, down 2% from last month, and the median price per square foot was $297.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $678.5K | $610K | -10.1% |
| 4 Bedrooms | - | $665K | N/A |
| 5+ Bedrooms | - | $765K | N/A |
Summary: Fort Lincoln housing prices by bedroom type for December 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 10.1%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Housing Supply in Fort Lincoln, DC
How many homes are available in Fort Lincoln, DC?
Number of Homes For Sale
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 19 | 24 | +26.3% |
Summary: The Fort Lincoln real estate market had 24 homes for sale in December 2024, a 26.3% increase compared to November 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 3 | 5 | +66.7% |
| 3 Bedrooms | 12 | 14 | +16.7% |
| 4 Bedrooms | 2 | 3 | +50.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Fort Lincoln housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 66.7%, 3 bedroom homes increased by 16.7%, 4 bedroom homes increased by 50%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 1 | 5 | +400.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Fort Lincoln, you may be able to get a good deal. 60% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in Fort Lincoln in December 2024, up by 400.0% month-over-month. Of the 5 sold homes, 60% were sold under asking, 40% were sold at asking, and 0% were sold over asking.
Days on Market for Fort Lincoln, DC
How long does it take to sell a home in Fort Lincoln, DC?
Average Sale Time
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 80 Days | 29 Days | -63.5% |
Summary: Homes in Fort Lincoln had an average of 29 days on market in Dec 2024, down by 63.5% compared to last month.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Fort Lincoln are selling fast, if you're buying plan to act quickly.
Summary: During December 2024, 5 homes were sold in Fort Lincoln; 80% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
