$2,007 Closing Credit*
$169,000
1,752 SqFt
3 Beds
•1 Full Bath, 1 Partial
Amy Miller, Listing Office: RE/MAX Realty Plus Inc
Is Northeast Lincoln, OK a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since August 2023
At the same time last year, Northeast Lincoln was a Buyer's Market.
Key Takeaway
Northeast 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 Northeast Lincoln, OK
How much do homes in Northeast Lincoln, OK cost?
Median Sold Price
$132,000
$96/sqft
Based on all homes sold in the last 12 months.
Difference Since August 2023
-$8,000(-5.7%)
Key Takeaway
Homes in Northeast Lincoln have sold for 5.7% less than they did a year ago.
Summary: The median home sold price in Northeast Lincoln was $132,000 in August 2024, down 5.7% from last year, and the median price per square foot was $96.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Aug 2023 | Aug 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $69K | $75K | +8.7% |
| 2 Bedrooms | $84.5K | $114.5K | +35.5% |
| 3 Bedrooms | $139.2K | $133K | -4.5% |
| 4 Bedrooms | $235K | $180K | -23.4% |
| 5+ Bedrooms | - | $225.5K | N/A |
Summary: Northeast Lincoln housing prices by bedroom type for August 2024 compared to the previous year: The home price of 1 bedroom homes increased by 8.7%, 2 bedroom homes increased by 35.5%, 3 bedroom homes decreased by 4.5%, 4 bedroom homes decreased by 23.4%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Northeast Lincoln | $140K | $132K | -5.7% |
| Stroud | $145K | $132K | -9.0% |
Housing Supply in Northeast Lincoln, OK
How many homes are available in Northeast Lincoln, OK?
Number of Homes For Sale
| Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|
| 23 | 27 | +17.4% |
Summary: The Northeast Lincoln real estate market had 27 homes for sale in August 2024, a 17.4% increase compared to July 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 3 | 4 | +33.3% |
| 3 Bedrooms | 17 | 16 | -5.9% |
| 4 Bedrooms | 3 | 7 | +133.3% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Northeast Lincoln housing inventory by bedroom type for August 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 33.3%, 3 bedroom homes decreased by 5.9%, 4 bedroom homes increased by 133.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|
| 4 | 4 | 0.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 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. 75% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in Northeast Lincoln in August 2024, the same as the previous month. Of the 4 sold homes, 75% were sold under asking, 0% were sold at asking, and 25% 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
| Aug 2023 | Aug 2024 | CHANGE |
|---|---|---|
| 21 Days | 44 Days | +107.0% |
Summary: Homes in Northeast Lincoln had an average of 44 days on market in Aug 2024, up by 107% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Northeast Lincoln are selling fast, if you're buying plan to act quickly.
Summary: During August 2024, 4 homes were sold in Northeast Lincoln; 50% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.
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