Is Lincoln County, WA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Lincoln County is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, Lincoln County has remained a Seller's Market.

Key Takeaway

Lincoln County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Lincoln County, WA

How much do homes in Lincoln County, WA cost?

Median Sold Price

$299,000

$166/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$41,000(+15.9%)

Key Takeaway

Homes in Lincoln County have sold for 15.9% more than they did a year ago.

Summary: The median home sold price in Lincoln County was $299,000 in November 2024, up 15.9% from last year, and the median price per square foot was $166.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $200K$180.2K
-9.9%
2 $184.2K$224K
+21.6%
3 $280K$276.8K
-1.1%
4 $340K$374K
+10.0%
5+ $280K$445K
+58.9%

Summary: Lincoln County housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 9.9%, 2 bedroom homes increased by 21.6%, 3 bedroom homes decreased by 1.1%, 4 bedroom homes increased by 10%, and 5+ bedroom homes increased by 58.9%.

Median Sold Price Compared To Nearby Counties

Lincoln County
+15.9%
Stevens County
+8.2%
Adams County
+5.3%
Spokane County
+3.2%
Ferry County
+2.4%

Housing Supply in Lincoln County, WA

How many homes are available in Lincoln County, WA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
85850.0%

Summary: The Lincoln County real estate market had 85 homes for sale in November 2024, the same as October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 22
0.0%
2 118
-27.3%
3 4144
+7.3%
4 2122
+4.8%
5+ 109
-10.0%

Summary: The Lincoln County 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 27.3%, 3 bedroom homes increased by 7.3%, 4 bedroom homes increased by 4.8%, and 5+ bedroom homes decreased by 10%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
1015+50.0%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

5 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Lincoln County, you may be able to get a good deal. 40% of homes here sold below asking price last month.

Summary: A total of 15 homes were sold or pending in Lincoln County in November 2024, up by 50.0% month-over-month. Of the 15 sold homes, 40% were sold under asking, 33% were sold at asking, and 27% were sold over asking.

Days on Market for Lincoln County, WA

How long does it take to sell a home in Lincoln County, WA?

Average Sale Time

Nov 2023Nov 2024CHANGE
75 Days52 Days-30.9%

Summary: Homes in Lincoln County had an average of 52 days on market in Nov 2024, down by 30.9% compared to last year.

Breakdown of Home Sale Times

9 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

4 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Lincoln County are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 15 homes were sold in Lincoln County; 60% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 27% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 21 Days Ago

Newest Listings in Lincoln County, WA

Nearby Markets to Lincoln County, WA

What housing markets are near Lincoln County, WA?