$861 Closing Credit*
$72,500
1,026 SqFt
3 Beds
•1 Full Bath, 1 Partial
Graham W Ramsay, Listing Office: Copper Creek Real Estate
Is Northeast Lincoln, OK a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Northeast Lincoln has remained a Seller's Market.
Key Takeaway
Northeast Lincoln is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Northeast Lincoln, OK
How much do homes in Northeast Lincoln, OK cost?
Median Sold Price
$144,900
$99/sqft
Based on all homes sold in the last 12 months.
Difference Since October 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 October 2024, up 11.5% from last year, and the median price per square foot was $99.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $75K | - | N/A |
| 2 Bedrooms | $80K | $130K | +62.5% |
| 3 Bedrooms | $132K | $132K | 0.0% |
| 4 Bedrooms | $230K | $189.9K | -17.4% |
| 5+ Bedrooms | - | $225.5K | N/A |
Summary: Northeast 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 increased by 62.5%, 3 bedroom homes did not change, 4 bedroom homes decreased by 17.4%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Stroud | $128.5K | $147.9K | +15.1% |
| Northeast Lincoln | $130K | $144.9K | +11.5% |
Housing Supply in Northeast Lincoln, OK
How many homes are available in Northeast Lincoln, OK?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 23 | 28 | +21.7% |
Summary: The Northeast Lincoln real estate market had 28 homes for sale in October 2024, a 21.7% increase 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 | 2 | 3 | +50.0% |
| 3 Bedrooms | 16 | 18 | +12.5% |
| 4 Bedrooms | 5 | 6 | +20.0% |
| 5+ Bedrooms | 0 | 1 | +100.0% |
Summary: The Northeast 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 increased by 50%, 3 bedroom homes increased by 12.5%, 4 bedroom homes increased by 20%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 3 | 7 | +133.3% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Northeast Lincoln, you may be able to get a good deal. 42.9% of homes here sold below asking price last month.
Summary: A total of 7 homes were sold or pending in Northeast Lincoln in October 2024, up by 133.3% month-over-month. Of the 7 sold homes, 43% were sold under asking, 43% were sold at asking, and 14% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 30 Days | 50 Days | +66.3% |
Summary: Homes in Northeast Lincoln had an average of 50 days on market in Oct 2024, up by 66.3% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Northeast Lincoln has remained consistent over time.
Summary: During October 2024, 7 homes were sold in Northeast Lincoln; 29% of homes were sold within 30 days, 57% of homes were sold within 30 to 90 days, and 14% of homes were sold over 90 days.
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