Is Lincolnton Township, NC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Lincolnton Township is a neutral's market

Buyer's
Market

Difference Since September 2023

At the same time last year, Lincolnton Township was a Seller's Market.

Key Takeaway

Lincolnton Township is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Lincolnton Township, NC

How much do homes in Lincolnton Township, NC cost?

Median Sold Price

$301,343

$193/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2023

+$8,547(+2.9%)

Key Takeaway

Homes in Lincolnton Township have sold for 2.9% more than they did a year ago.

Summary: The median home sold price in Lincolnton Township was $301,343 in September 2024, up 2.9% from last year, and the median price per square foot was $193.

Median Sold Price By Bedroom Count

# BEDSSep 2023Sep 2024CHANGE
1 $159.5K$120K
-24.8%
2 $178.9K$179.9K
+0.6%
3 $293.5K$303K
+3.2%
4 $430K$365K
-15.1%
5+ $430K$481.5K
+12.0%

Summary: Lincolnton Township housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 24.8%, 2 bedroom homes increased by 0.6%, 3 bedroom homes increased by 3.2%, 4 bedroom homes decreased by 15.1%, and 5+ bedroom homes increased by 12%.

Median Sold Price Compared To Nearby Cities

Howards Creek Township
+11.9%
Maiden
+6.7%
Ironton Township
+4.5%
Lincolnton Township
+2.9%
Lincolnton
+1.8%

Housing Supply in Lincolnton Township, NC

How many homes are available in Lincolnton Township, NC?

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
193187-3.1%

Summary: The Lincolnton Township real estate market had 187 homes for sale in September 2024, a 3.1% decrease compared to August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 10
-100.0%
2 4031
-22.5%
3 123121
-1.6%
4 2328
+21.7%
5+ 67
+16.7%

Summary: The Lincolnton Township housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes decreased by 22.5%, 3 bedroom homes decreased by 1.6%, 4 bedroom homes increased by 21.7%, and 5+ bedroom homes increased by 16.7%.

Number of Homes Sold

Aug 2024Sep 2024CHANGE
4130-26.8%

Asking Price vs. Sold Price

19 Homes Were Sold
Under Asking

9 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Lincolnton Township, you may be able to get a good deal. 63.3% of homes here sold below asking price last month.

Summary: A total of 30 homes were sold or pending in Lincolnton Township in September 2024, down by 26.8% month-over-month. Of the 30 sold homes, 63% were sold under asking, 30% were sold at asking, and 7% were sold over asking.

Days on Market for Lincolnton Township, NC

How long does it take to sell a home in Lincolnton Township, NC?

Average Sale Time

Sep 2023Sep 2024CHANGE
70 Days36 Days-48.0%

Summary: Homes in Lincolnton Township had an average of 36 days on market in Sep 2024, down by 48% compared to last year.

Breakdown of Home Sale Times

17 Homes Were Sold
Under 30 Days

9 Homes Were Sold
In 30 - 90 Days

4 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During September 2024, 30 homes were sold in Lincolnton Township; 57% of homes were sold within 30 days, 30% of homes were sold within 30 to 90 days, and 13% 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 30 Days Ago

Newest Listings in Lincolnton Township, NC

Nearby Markets to Lincolnton Township, NC

What housing markets are near Lincolnton Township, NC?