$6,531 Closing Credit*
$550,000
1,834 SqFt
4 Beds
•3 Full Baths
Listing Office: EXP Realty LLC Mooresville
Is Lincolnton, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Lincolnton has remained a Seller's Market.
Key Takeaway
Lincolnton is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Lincolnton, NC
How much do homes in Lincolnton, NC cost?
Median Sold Price
$299,966
$190/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$3,216(+1.1%)
Key Takeaway
Homes in Lincolnton have sold for 1.1% more than they did a year ago.
Summary: The median home sold price in Lincolnton was $299,966 in October 2024, up 1.1% from last year, and the median price per square foot was $190.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $159.5K | $120K | -24.8% |
| 2 Bedrooms | $185K | $182.9K | -1.1% |
| 3 Bedrooms | $298.1K | $307.4K | +3.1% |
| 4 Bedrooms | $407.9K | $370K | -9.3% |
| 5+ Bedrooms | $419K | $481.5K | +14.9% |
Summary: Lincolnton housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 24.8%, 2 bedroom homes decreased by 1.1%, 3 bedroom homes increased by 3.1%, 4 bedroom homes decreased by 9.3%, and 5+ bedroom homes increased by 14.9%.
Median Sold Price Compared To Nearby Cities
| Howards Creek Township | $285K | $315K | +10.5% |
| Lincolnton Township | $292.3K | $299.9K | +2.6% |
| Lincolnton | $296.7K | $299.9K | +1.1% |
| Ironton Township | $340K | $336.2K | -1.1% |
Housing Supply in Lincolnton, NC
How many homes are available in Lincolnton, NC?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 187 | 194 | +3.7% |
Summary: The Lincolnton real estate market had 194 homes for sale in October 2024, a 3.7% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 1 | +100.0% |
| 2 Bedrooms | 43 | 49 | +14.0% |
| 3 Bedrooms | 110 | 111 | +0.9% |
| 4 Bedrooms | 27 | 23 | -14.8% |
| 5+ Bedrooms | 7 | 10 | +42.9% |
Summary: The Lincolnton housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 14%, 3 bedroom homes increased by 0.9%, 4 bedroom homes decreased by 14.8%, and 5+ bedroom homes increased by 42.9%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 33 | 46 | +39.4% |
Asking Price vs. Sold Price
18 Homes Were Sold
Under Asking
19 Homes Were Sold
At Asking
9 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Lincolnton, expect to pay close to the asking price. 41.3% of homes here sold near the asking price last month.
Summary: A total of 46 homes were sold or pending in Lincolnton in October 2024, up by 39.4% month-over-month. Of the 46 sold homes, 39% were sold under asking, 41% were sold at asking, and 20% were sold over asking.
Days on Market for Lincolnton, NC
How long does it take to sell a home in Lincolnton, NC?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 42 Days | 41 Days | -3.7% |
Summary: Homes in Lincolnton had an average of 41 days on market in Oct 2024, down by 3.7% compared to last year.
Breakdown of Home Sale Times
23 Homes Were Sold
Under 30 Days
19 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Lincolnton are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 46 homes were sold in Lincolnton; 50% of homes were sold within 30 days, 41% of homes were sold within 30 to 90 days, and 9% of homes were sold over 90 days.
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