$30,000
0.30 Acres
Land
Listing Office: Bluegrass Regional Real Estate LLC
Is Lincoln County, KY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Lincoln County was a Seller's Market.
Key Takeaway
Lincoln County is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Lincoln County, KY
How much do homes in Lincoln County, KY cost?
Median Sold Price
$184,450
-
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$550(-0.3%)
Key Takeaway
The sold price of homes in Lincoln County has remained the same since last year.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $136K | $159K | +16.9% |
| 2 Bedrooms | $103K | $139.9K | +35.8% |
| 3 Bedrooms | $180K | $188K | +4.4% |
| 4 Bedrooms | $224.2K | $235K | +4.8% |
| 5+ Bedrooms | $360K | $270K | -25.0% |
Summary: Lincoln County housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 16.9%, 2 bedroom homes increased by 35.8%, 3 bedroom homes increased by 4.4%, 4 bedroom homes increased by 4.8%, and 5+ bedroom homes decreased by 25%.
Median Sold Price Compared To Nearby Counties
| Boyle County | $220K | $250K | +13.6% |
| Casey County | $197.5K | $203K | +2.8% |
| Lincoln County | $185K | $184.4K | -0.3% |
| Garrard County | $269.9K | $265K | -1.8% |
| Rockcastle County | $179.9K | $161.2K | -10.4% |
Housing Supply in Lincoln County, KY
How many homes are available in Lincoln County, KY?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 79 | 88 | +11.4% |
Summary: The Lincoln County real estate market had 88 homes for sale in October 2024, a 11.4% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 11 | 11 | 0.0% |
| 3 Bedrooms | 42 | 46 | +9.5% |
| 4 Bedrooms | 18 | 22 | +22.2% |
| 5+ Bedrooms | 8 | 9 | +12.5% |
Summary: The Lincoln County 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 9.5%, 4 bedroom homes increased by 22.2%, and 5+ bedroom homes increased by 12.5%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 18 | 10 | -44.4% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Lincoln County, you may be able to get a good deal. 90% of homes here sold below asking price last month.
Summary: A total of 10 homes were sold or pending in Lincoln County in October 2024, down by 44.4% month-over-month. Of the 10 sold homes, 90% were sold under asking, 0% were sold at asking, and 10% were sold over asking.
Days on Market for Lincoln County, KY
How long does it take to sell a home in Lincoln County, KY?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 46 Days | 43 Days | -7.1% |
Summary: Homes in Lincoln County had an average of 43 days on market in Oct 2024, down by 7.1% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Lincoln County has remained consistent over time.
Summary: During October 2024, 10 homes were sold in Lincoln County; 40% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 10% of homes were sold over 90 days.
The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Lexington-Bluegrass Association of Realtors Multiple Listing Service. Real estate listings held by IDX Brokerage firms other than this broker, are marked with the IDX logo or the IDX thumbnail logo and detailed information about them includes the name of the listing IDX Brokers. Information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Listing(s) information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. © 2024 LBAR Multiple Listing Service. All rights reserved.