$34,900
Land
Listing Office: Classic Properties of the Catawba Valley, LLC
November 2024
Report Updated 20 Days Ago
Is Lincoln County, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Lincoln County was a Seller's Market.
How much do homes in Lincoln County, NC cost?
$389,650
$207/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
Summary: The median home sold price in Lincoln County was $389,650 in November 2024, up 3.9% from last year, and the median price per square foot was $207.
# BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $182.5K | $138K | -24.4% |
2 Bedrooms | $234.5K | $197.4K | -15.8% |
3 Bedrooms | $330K | $339K | +2.7% |
4 Bedrooms | $572.5K | $600K | +4.8% |
5+ Bedrooms | $661K | $657.5K | -0.5% |
Summary: Lincoln County housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 24.4%, 2 bedroom homes decreased by 15.8%, 3 bedroom homes increased by 2.7%, 4 bedroom homes increased by 4.8%, and 5+ bedroom homes decreased by 0.5%.
Mecklenburg County | $423.4K | $445.4K | +5.2% |
Catawba County | $286.5K | $299.9K | +4.7% |
Burke County | $250.1K | $261.9K | +4.7% |
Iredell County | $374.6K | $391.7K | +4.6% |
Lincoln County | $374.9K | $389.6K | +3.9% |
How many homes are available in Lincoln County, NC?
Oct 2024 | Nov 2024 | CHANGE |
---|---|---|
479 | 457 | -4.6% |
Summary: The Lincoln County real estate market had 457 homes for sale in November 2024, a 4.6% decrease compared to October 2024.
# BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 0 | -100.0% |
2 Bedrooms | 68 | 44 | -35.3% |
3 Bedrooms | 233 | 232 | -0.4% |
4 Bedrooms | 123 | 127 | +3.3% |
5+ Bedrooms | 54 | 54 | 0.0% |
Summary: The Lincoln County housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes decreased by 35.3%, 3 bedroom homes decreased by 0.4%, 4 bedroom homes increased by 3.3%, and 5+ bedroom homes remained the same.
Oct 2024 | Nov 2024 | CHANGE |
---|---|---|
117 | 64 | -45.3% |
36 Homes Were Sold
Under Asking
12 Homes Were Sold
At Asking
16 Homes Were Sold
Over Asking
Summary: A total of 64 homes were sold or pending in Lincoln County in November 2024, down by 45.3% month-over-month. Of the 64 sold homes, 56% were sold under asking, 19% were sold at asking, and 25% were sold over asking.
How long does it take to sell a home in Lincoln County, NC?
Nov 2023 | Nov 2024 | CHANGE |
---|---|---|
38 Days | 56 Days | +48.9% |
Summary: Homes in Lincoln County had an average of 56 days on market in Nov 2024, up by 48.9% compared to last year.
32 Homes Were Sold
Under 30 Days
20 Homes Were Sold
In 30 - 90 Days
12 Homes Were Sold
Over 90 Days
Summary: During November 2024, 64 homes were sold in Lincoln County; 50% of homes were sold within 30 days, 31% of homes were sold within 30 to 90 days, and 19% 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 20 Days Ago
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Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/20/2024, 10:51:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/21/2024, 4:20:47 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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