$5,936 Closing Credit*
$499,900
2,201 SqFt
3 Beds
•2 Full Baths, 1 Partial
Listing Office: eXp Realty
Is Lincoln, WI 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, Lincoln has remained a Seller's Market.
Key Takeaway
Lincoln is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Lincoln, WI
How much do homes in Lincoln, WI cost?
Median Sold Price
$392,450
$203/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$27,450(+7.5%)
Key Takeaway
Homes in Lincoln have sold for 7.5% more than they did a year ago.
Summary: The median home sold price in Lincoln was $392,450 in October 2024, up 7.5% from last year, and the median price per square foot was $203.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $230K | N/A |
| 2 Bedrooms | $132.9K | $261K | +96.4% |
| 3 Bedrooms | $360K | $331K | -8.1% |
| 4 Bedrooms | $365K | $467.5K | +28.1% |
| 5+ Bedrooms | $635K | $891K | +40.3% |
Summary: Lincoln housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 96.4%, 3 bedroom homes decreased by 8.1%, 4 bedroom homes increased by 28.1%, and 5+ bedroom homes increased by 40.3%.
Median Sold Price Compared To Nearby Cities
| Amery | $285K | $325K | +14.0% |
| Lincoln | $365K | $392.4K | +7.5% |
| Garfield | $370K | $370K | 0.0% |
Housing Supply in Lincoln, WI
How many homes are available in Lincoln, WI?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 23 | 17 | -26.1% |
Summary: The Lincoln real estate market had 17 homes for sale in October 2024, a 26.1% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 3 | 3 | 0.0% |
| 3 Bedrooms | 11 | 9 | -18.2% |
| 4 Bedrooms | 9 | 5 | -44.4% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Lincoln housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 18.2%, 4 bedroom homes decreased by 44.4%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 6 | 9 | +50.0% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Lincoln, you may be able to get a good deal. 77.8% of homes here sold below asking price last month.
Summary: A total of 9 homes were sold or pending in Lincoln in October 2024, up by 50.0% month-over-month. Of the 9 sold homes, 78% were sold under asking, 0% were sold at asking, and 22% 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 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 39 Days | 32 Days | -18.5% |
Summary: Homes in Lincoln had an average of 32 days on market in Oct 2024, down by 18.5% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Lincoln are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 9 homes were sold in Lincoln; 33% of homes were sold within 30 days, 11% of homes were sold within 30 to 90 days, and 11% of homes were sold over 90 days.
