Is Lincoln, WI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Lincoln is a neutral's market

Buyer's
Market

Difference Since Last Month

Last month, Lincoln was a Seller's Market.

Key Takeaway

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 Lincoln, WI

How much do homes in Lincoln, WI cost?

Median Sold Price

$425,000

$162/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

-$130,000(-23.4%)

Key Takeaway

Homes in Lincoln have sold for 23.4% less than they did a month ago.

Summary: The median home sold price in Lincoln was $425,000 in November 2024, down 23.4% from last month, and the median price per square foot was $162.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 $555K-
N/A
3 $361K-
N/A
4 $765K$425K
-44.4%
5+ --
N/A

Summary: Lincoln housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes decreased by 44.4%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Apple River
-17.4%
Lincoln
-23.4%

Housing Supply in Lincoln, WI

How many homes are available in Lincoln, WI?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
1613-18.8%

Summary: The Lincoln real estate market had 13 homes for sale in November 2024, a 18.8% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 34
+33.3%
3 86
-25.0%
4 53
-40.0%
5+ 00
0.0%

Summary: The Lincoln 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 increased by 33.3%, 3 bedroom homes decreased by 25%, 4 bedroom homes decreased by 40%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
92-77.8%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Lincoln, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 2 homes were sold or pending in Lincoln in November 2024, down by 77.8% month-over-month. Of the 2 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.

Days on Market for Lincoln, WI

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

Average Sale Time

Oct 2024Nov 2024CHANGE
32 Days50 Days+55.3%

Summary: Homes in Lincoln had an average of 50 days on market in Nov 2024, up by 55.3% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Lincoln has remained consistent over time.

Summary: During November 2024, 2 homes were sold in Lincoln; 0% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% 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 17 Days Ago

Newest Listings in Lincoln, WI

Nearby Markets to Lincoln, WI