$3,432 Closing Credit*
$289,000
1,888 SqFt
3 Beds
•2 Full Baths
Sean Reigel, Listing Office: EXP Realty, LLC
Is Lincoln University, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Lincoln University has remained a Seller's Market.
Key Takeaway
Lincoln University is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Lincoln University, PA
How much do homes in Lincoln University, PA cost?
Median Sold Price
$557,500
$216/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$55,000(+10.9%)
Key Takeaway
Homes in Lincoln University have sold for 10.9% more than they did a year ago.
Summary: The median home sold price in Lincoln University was $557,500 in November 2024, up 10.9% from last year, and the median price per square foot was $216.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $451.1K | - | N/A |
| 3 Bedrooms | $410K | $450K | +9.8% |
| 4 Bedrooms | $524.5K | $565K | +7.7% |
| 5+ Bedrooms | $545K | $756K | +38.7% |
Summary: Lincoln University 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 did not change, 3 bedroom homes increased by 9.8%, 4 bedroom homes increased by 7.7%, and 5+ bedroom homes increased by 38.7%.
Median Sold Price Compared To Nearby Cities
| Franklin Township | $470K | $608K | +29.4% |
| Lincoln University | $502.5K | $557.5K | +10.9% |
| Penn Township | $435.5K | $415K | -4.7% |
Housing Supply in Lincoln University, PA
How many homes are available in Lincoln University, PA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 11 | 17 | +54.5% |
Summary: The Lincoln University real estate market had 17 homes for sale in November 2024, a 54.5% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 4 | 6 | +50.0% |
| 4 Bedrooms | 4 | 6 | +50.0% |
| 5+ Bedrooms | 3 | 5 | +66.7% |
Summary: The Lincoln University 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 remained the same, 3 bedroom homes increased by 50%, 4 bedroom homes increased by 50%, and 5+ bedroom homes increased by 66.7%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 3 | 4 | +33.3% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Lincoln University, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in Lincoln University in November 2024, up by 33.3% month-over-month. Of the 4 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.
Days on Market for Lincoln University, PA
How long does it take to sell a home in Lincoln University, PA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 19 Days | 17 Days | -7.8% |
Summary: Homes in Lincoln University had an average of 17 days on market in Nov 2024, down by 7.8% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Lincoln University are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 4 homes were sold in Lincoln University; 75% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
