$10,000 Closing Credit*
$850,000
1,982 SqFt
3 Beds
•3 Full Baths
#73319532, Susan Law, Listing Office: Barrett Sotheby's International Realty
Is Lincoln, MA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since December 2023
At the same time last year, Lincoln was a Buyer's Market.
Key Takeaway
Lincoln is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Lincoln, MA
How much do homes in Lincoln, MA cost?
Median Sold Price
$1,130,000
$438/sqft
Based on all homes sold in the last 12 months.
Difference Since December 2023
-$170,000(-13.1%)
Key Takeaway
Homes in Lincoln have sold for 13.1% less than they did a year ago.
Summary: The median home sold price in Lincoln was $1,130,000 in December 2024, down 13.1% from last year, and the median price per square foot was $438.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $425K | N/A |
| 2 Bedrooms | $563K | $591K | +5.0% |
| 3 Bedrooms | $810K | $817K | +0.9% |
| 4 Bedrooms | $1.3M | $1.6M | +24.2% |
| 5+ Bedrooms | $1.7M | $2.0M | +18.8% |
Summary: Lincoln housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 5%, 3 bedroom homes increased by 0.9%, 4 bedroom homes increased by 24.2%, and 5+ bedroom homes increased by 18.8%.
Housing Supply in Lincoln, MA
How many homes are available in Lincoln, MA?
Number of Homes For Sale
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 23 | 19 | -17.4% |
Summary: The Lincoln real estate market had 19 homes for sale in December 2024, a 17.4% decrease compared to November 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 5 | 4 | -20.0% |
| 3 Bedrooms | 5 | 2 | -60.0% |
| 4 Bedrooms | 6 | 6 | 0.0% |
| 5+ Bedrooms | 7 | 7 | 0.0% |
Summary: The 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 decreased by 20%, 3 bedroom homes decreased by 60%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 5 | 8 | +60.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Lincoln, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 8 homes were sold or pending in Lincoln in December 2024, up by 60.0% month-over-month. Of the 8 sold homes, 50% were sold under asking, 13% were sold at asking, and 38% were sold over asking.
Days on Market for Lincoln, MA
How long does it take to sell a home in Lincoln, MA?
Average Sale Time
| Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|
| 109 Days | 55 Days | -48.7% |
Summary: Homes in Lincoln had an average of 55 days on market in Dec 2024, down by 48.7% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Lincoln are selling fast, if you're buying plan to act quickly.
Summary: During December 2024, 8 homes were sold in Lincoln; 38% of homes were sold within 30 days, 38% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.
