Is Lincroft, NJ a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Lincroft is a seller's market

Buyer's
Market

Difference Since December 2023

Since last year, Lincroft has remained a Seller's 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

$877,500

$365/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

+$77,500(+9.7%)

Key Takeaway

Homes in Lincroft have sold for 9.7% more than they did a year ago.

Summary: The median home sold price in Lincroft was $877,500 in December 2024, up 9.7% from last year, and the median price per square foot was $365.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 --
N/A
2 -$675K
N/A
3 $727.5K$825K
+13.4%
4 $815K$872.5K
+7.1%
5+ $1.3M$1.1M
-9.3%

Summary: Lincroft 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 did not change, 3 bedroom homes increased by 13.4%, 4 bedroom homes increased by 7.1%, and 5+ bedroom homes decreased by 9.3%.

Median Sold Price Compared To Nearby Cities

Middletown Township
+13.9%
Lincroft
+9.7%
Colts Neck Township
-2.0%
Colts Neck
-2.0%
Holmdel Township
-7.4%

Housing Supply in Lincroft, NJ

How many homes are available in Lincroft, NJ?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
2113-38.1%

Summary: The Lincroft real estate market had 13 homes for sale in December 2024, a 38.1% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 00
0.0%
2 11
0.0%
3 53
-40.0%
4 75
-28.6%
5+ 84
-50.0%

Summary: The Lincroft 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 remained the same, 3 bedroom homes decreased by 40%, 4 bedroom homes decreased by 28.6%, and 5+ bedroom homes decreased by 50%.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
65-16.7%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Lincroft, you could pay more than the asking price. 60% of homes here sold above asking price last month.

Summary: A total of 5 homes were sold or pending in Lincroft in December 2024, down by 16.7% month-over-month. Of the 5 sold homes, 40% were sold under asking, 0% were sold at asking, and 60% 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

Dec 2023Dec 2024CHANGE
18 Days34 Days+88.7%

Summary: Homes in Lincroft had an average of 34 days on market in Dec 2024, up by 88.7% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During December 2024, 5 homes were sold in Lincroft; 60% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 0% 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 4 Days Ago

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