$59 Closing Credit*
$5,000
2,927 SqFt
3 Beds
•4 Full Baths
Marco A Angobaldo Sr., Listing Office: Fairfax Realty Select
Is Lincolnia, VA 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, Lincolnia has remained a Seller's Market.
Key Takeaway
Lincolnia is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Lincolnia, VA
How much do homes in Lincolnia, VA cost?
Median Sold Price
$674,950
$349/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$24,950(+3.8%)
Key Takeaway
Homes in Lincolnia have sold for 3.8% more than they did a year ago.
Summary: The median home sold price in Lincolnia was $674,950 in October 2024, up 3.8% from last year, and the median price per square foot was $349.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $263.7K | $325K | +23.2% |
| 2 Bedrooms | $420K | $499.9K | +19.0% |
| 3 Bedrooms | $670K | $659.9K | -1.5% |
| 4 Bedrooms | $750K | $824.5K | +9.9% |
| 5+ Bedrooms | $885K | $850K | -4.0% |
Summary: Lincolnia housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 23.2%, 2 bedroom homes increased by 19%, 3 bedroom homes decreased by 1.5%, 4 bedroom homes increased by 9.9%, and 5+ bedroom homes decreased by 4%.
Housing Supply in Lincolnia, VA
How many homes are available in Lincolnia, VA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 46 | 41 | -10.9% |
Summary: The Lincolnia real estate market had 41 homes for sale in October 2024, a 10.9% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 4 | +33.3% |
| 2 Bedrooms | 14 | 13 | -7.1% |
| 3 Bedrooms | 20 | 17 | -15.0% |
| 4 Bedrooms | 6 | 5 | -16.7% |
| 5+ Bedrooms | 3 | 2 | -33.3% |
Summary: The Lincolnia housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 33.3%, 2 bedroom homes decreased by 7.1%, 3 bedroom homes decreased by 15%, 4 bedroom homes decreased by 16.7%, and 5+ bedroom homes decreased by 33.3%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 20 | 12 | -40.0% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Lincolnia, you may be able to get a good deal. 41.7% of homes here sold below asking price last month.
Summary: A total of 12 homes were sold or pending in Lincolnia in October 2024, down by 40.0% month-over-month. Of the 12 sold homes, 42% were sold under asking, 25% were sold at asking, and 33% were sold over asking.
Days on Market for Lincolnia, VA
How long does it take to sell a home in Lincolnia, VA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 17 Days | 33 Days | +90.2% |
Summary: Homes in Lincolnia had an average of 33 days on market in Oct 2024, up by 90.2% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Lincolnia are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 12 homes were sold in Lincolnia; 67% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 8% of homes were sold over 90 days.
