$3,561 Closing Credit*
$299,900
2,286 SqFt
4 Beds
•2 Full Baths
Tyler Flisnik, Listing Office: Century 21 One Realty Partners
Is Lincoln, NY 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, Lincoln was a Seller's Market.
Key Takeaway
Lincoln 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 Lincoln, NY
How much do homes in Lincoln, NY cost?
Median Sold Price
$240,000
$102/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$45,529(-15.9%)
Key Takeaway
Homes in Lincoln have sold for 15.9% less than they did a year ago.
Summary: The median home sold price in Lincoln was $240,000 in October 2024, down 15.9% from last year, and the median price per square foot was $102.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $293.1K | $142.5K | -51.4% |
| 4 Bedrooms | $373.4K | $278.2K | -25.5% |
| 5+ Bedrooms | $177.5K | - | N/A |
Summary: Lincoln 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 51.4%, 4 bedroom homes decreased by 25.5%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Oneida | $155K | $174.5K | +12.6% |
| Lincoln | $285.5K | $240K | -15.9% |
Housing Supply in Lincoln, NY
How many homes are available in Lincoln, NY?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 7 | 7 | 0.0% |
Summary: The Lincoln real estate market had 7 homes for sale in October 2024, the same as September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 3 | 4 | +33.3% |
| 4 Bedrooms | 4 | 3 | -25.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Lincoln 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 increased by 33.3%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 0 | 1 | +100.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Lincoln, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.
Summary: A total of 1 homes were sold or pending in Lincoln in October 2024, up by 100.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.
Days on Market for Lincoln, NY
How long does it take to sell a home in Lincoln, NY?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 8 Days | 54 Days | +575.0% |
Summary: Homes in Lincoln had an average of 54 days on market in Oct 2024, up by 575% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Lincoln has remained consistent over time.
Summary: During October 2024, 1 homes were sold in Lincoln; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
