$3,859 Closing Credit*
$325,000
1,260 SqFt
3 Beds
•2 Full Baths
Listing Office: The Price Agency, Realty Executives
Is Lincoln Park, TN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Lincoln Park was a Seller's Market.
Key Takeaway
Lincoln Park is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Lincoln Park, TN
How much do homes in Lincoln Park, TN cost?
Median Sold Price
$280,500
$210/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$5,500(+2.0%)
Key Takeaway
Homes in Lincoln Park have sold for 2% more than they did a year ago.
Summary: The median home sold price in Lincoln Park was $280,500 in November 2024, up 2% from last year, and the median price per square foot was $210.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $265K | $302.5K | +14.2% |
| 2 Bedrooms | $216K | $223.7K | +3.6% |
| 3 Bedrooms | $275K | $290K | +5.5% |
| 4 Bedrooms | $369.8K | $366.5K | -0.9% |
| 5+ Bedrooms | $375.5K | $355K | -5.5% |
Summary: Lincoln Park housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 14.2%, 2 bedroom homes increased by 3.6%, 3 bedroom homes increased by 5.5%, 4 bedroom homes decreased by 0.9%, and 5+ bedroom homes decreased by 5.5%.
Housing Supply in Lincoln Park, TN
How many homes are available in Lincoln Park, TN?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 19 | 12 | -36.8% |
Summary: The Lincoln Park real estate market had 12 homes for sale in November 2024, a 36.8% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 2 | 0.0% |
| 2 Bedrooms | 5 | 4 | -20.0% |
| 3 Bedrooms | 10 | 4 | -60.0% |
| 4 Bedrooms | 2 | 2 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Lincoln Park 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 20%, 3 bedroom homes decreased by 60%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 8 | 1 | -87.5% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Lincoln Park, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 1 homes were sold or pending in Lincoln Park in November 2024, down by 87.5% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Lincoln Park, TN
How long does it take to sell a home in Lincoln Park, TN?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 77 Days | 9 Days | -88.3% |
Summary: Homes in Lincoln Park had an average of 9 days on market in Nov 2024, down by 88.3% 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
Key Takeaway
Many homes in Lincoln Park are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 1 homes were sold in Lincoln Park; 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.
The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Knoxville Area Association of REALTORS® Multiple Listing Service. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some or all of the listings may not belong to the firm whose website is being visited. Real estate listings held by brokerage firms other than this broker are indicated by detailed information about them such as the name of the listing firms.