Is Northeast Lincoln, OK a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Northeast Lincoln is a buyer's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Northeast Lincoln was a Neutral Market.

Key Takeaway

Northeast Lincoln is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Northeast Lincoln, OK

How much do homes in Northeast Lincoln, OK cost?

Median Sold Price

$144,900

$101/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$14,900(+11.5%)

Key Takeaway

Homes in Northeast Lincoln have sold for 11.5% more than they did a year ago.

Summary: The median home sold price in Northeast Lincoln was $144,900 in November 2024, up 11.5% from last year, and the median price per square foot was $101.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $75K-
N/A
2 $67.5K$130K
+92.6%
3 $135.2K$130K
-3.9%
4 $375K$189.9K
-49.3%
5+ -$225.5K
N/A

Summary: Northeast Lincoln housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 92.6%, 3 bedroom homes decreased by 3.9%, 4 bedroom homes decreased by 49.3%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Stroud
+13.8%
Northeast Lincoln
+11.5%

Housing Supply in Northeast Lincoln, OK

How many homes are available in Northeast Lincoln, OK?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
2726-3.7%

Summary: The Northeast Lincoln real estate market had 26 homes for sale in November 2024, a 3.7% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 31
-66.7%
3 1819
+5.6%
4 55
0.0%
5+ 11
0.0%

Summary: The Northeast Lincoln housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 66.7%, 3 bedroom homes increased by 5.6%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
71-85.7%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Northeast Lincoln, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 1 homes were sold or pending in Northeast Lincoln in November 2024, down by 85.7% month-over-month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.

Days on Market for Northeast Lincoln, OK

How long does it take to sell a home in Northeast Lincoln, OK?

Average Sale Time

Nov 2023Nov 2024CHANGE
15 Days7 Days-55.3%

Summary: Homes in Northeast Lincoln had an average of 7 days on market in Nov 2024, down by 55.3% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 1 homes were sold in Northeast Lincoln; 100% of homes were sold within 30 days, 0% 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 21 Days Ago

Newest Listings in Northeast Lincoln, OK

Nearby Markets to Northeast Lincoln, OK