$8,905 Closing Credit*
$749,900
3 Beds
•2 Full Baths
Robert Haspel, Listing Office: Preferred Properties Real Estate
Is Lincroft, NJ 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, Lincroft was a Neutral Market.
Key Takeaway
Lincroft is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Lincroft, NJ
How much do homes in Lincroft, NJ cost?
Median Sold Price
$856,250
$371/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$47,750(+5.9%)
Key Takeaway
Homes in Lincroft have sold for 5.9% more than they did a year ago.
Summary: The median home sold price in Lincroft was $856,250 in October 2024, up 5.9% from last year, and the median price per square foot was $371.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | $675K | N/A |
| 3 Bedrooms | $760K | $750K | -1.3% |
| 4 Bedrooms | $812.5K | $907.5K | +11.7% |
| 5+ Bedrooms | $1.3M | $1.2M | -9.3% |
Summary: Lincroft housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 1.3%, 4 bedroom homes increased by 11.7%, and 5+ bedroom homes decreased by 9.3%.
Median Sold Price Compared To Nearby Cities
| Middletown Township | $570.7K | $636.1K | +11.5% |
| Lincroft | $808.5K | $856.2K | +5.9% |
| Colts Neck Township | $1.2M | $1.2M | -1.4% |
| Colts Neck | $1.2M | $1.2M | -1.4% |
| Holmdel Township | $915K | $880K | -3.8% |
Housing Supply in Lincroft, NJ
How many homes are available in Lincroft, NJ?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 31 | 25 | -19.4% |
Summary: The Lincroft real estate market had 25 homes for sale in October 2024, a 19.4% decrease 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 | 1 | 1 | 0.0% |
| 3 Bedrooms | 12 | 7 | -41.7% |
| 4 Bedrooms | 9 | 11 | +22.2% |
| 5+ Bedrooms | 9 | 6 | -33.3% |
Summary: The Lincroft 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 decreased by 41.7%, 4 bedroom homes increased by 22.2%, and 5+ bedroom homes decreased by 33.3%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 5 | 10 | +100.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Lincroft, you could pay more than the asking price. 50% of homes here sold above asking price last month.
Summary: A total of 10 homes were sold or pending in Lincroft in October 2024, up by 100.0% month-over-month. Of the 10 sold homes, 40% were sold under asking, 10% were sold at asking, and 50% were sold over asking.
Days on Market for Lincroft, NJ
How long does it take to sell a home in Lincroft, NJ?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 16 Days | 14 Days | -8.1% |
Summary: Homes in Lincroft had an average of 14 days on market in Oct 2024, down by 8.1% compared to last year.
Breakdown of Home Sale Times
9 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Lincroft are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 10 homes were sold in Lincroft; 90% of homes were sold within 30 days, 10% of homes were sold within 30 to 90 days, and 0% 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 (“IDX”) program of the Monmouth/Ocean MLS Monmouth County Association Board of Realtors. IDX 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. Real estate listings held by other brokerage firms are indicated by detailed information about them such as the name of the listing firms. Information deemed reliable but not guaranteed. Copyright © 2024 Monmouth/Ocean MLS Monmouth County Association Board of Realtors. All Rights Reserved.