Is Lincoln Villas, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Lincoln Villas is a buyer's market

Buyer's
Market

Difference Since October 2023

At the same time last year, Lincoln Villas was a Seller's Market.

Key Takeaway

Lincoln Villas is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Lincoln Villas, FL

How much do homes in Lincoln Villas, FL cost?

Median Sold Price

$225,000

$178/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$32,500(-12.6%)

Key Takeaway

Homes in Lincoln Villas have sold for 12.6% less than they did a year ago.

Summary: The median home sold price in Lincoln Villas was $225,000 in October 2024, down 12.6% from last year, and the median price per square foot was $178.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $170K$220K
+29.4%
3 $227K$223.4K
-1.6%
4 $309.6K$225K
-27.3%
5+ $380K$338K
-11.1%

Summary: Lincoln Villas 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 29.4%, 3 bedroom homes decreased by 1.6%, 4 bedroom homes decreased by 27.3%, and 5+ bedroom homes decreased by 11.1%.

Housing Supply in Lincoln Villas, FL

How many homes are available in Lincoln Villas, FL?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
2430+25.0%

Summary: The Lincoln Villas real estate market had 30 homes for sale in October 2024, a 25.0% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 22
0.0%
3 1721
+23.5%
4 46
+50.0%
5+ 11
0.0%

Summary: The Lincoln Villas housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 23.5%, 4 bedroom homes increased by 50%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
13+200.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Lincoln Villas, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.

Summary: A total of 3 homes were sold or pending in Lincoln Villas in October 2024, up by 200.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 0% were sold at asking, and 67% were sold over asking.

Days on Market for Lincoln Villas, FL

How long does it take to sell a home in Lincoln Villas, FL?

Average Sale Time

Oct 2023Oct 2024CHANGE
41 Days74 Days+78.7%

Summary: Homes in Lincoln Villas had an average of 74 days on market in Oct 2024, up by 78.7% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Lincoln Villas are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 3 homes were sold in Lincoln Villas; 33% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 33% 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 17 Days Ago

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