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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Lincoln Creek is a seller's market

Buyer's
Market

Difference Since November 2023

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

Key Takeaway

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

Housing Prices in Lincoln Creek, WI

How much do homes in Lincoln Creek, WI cost?

Median Sold Price

$140,000

$107/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$5,550(+4.1%)

Key Takeaway

Homes in Lincoln Creek have sold for 4.1% more than they did a year ago.

Summary: The median home sold price in Lincoln Creek was $140,000 in November 2024, up 4.1% from last year, and the median price per square foot was $107.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $23.8K-
N/A
2 $107.5K$105K
-2.3%
3 $118K$150K
+27.1%
4 $189K$174K
-7.9%
5+ $209K-
N/A

Summary: Lincoln Creek housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 2.3%, 3 bedroom homes increased by 27.1%, 4 bedroom homes decreased by 7.9%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Neighborhoods

Old North Milwaukee
+29.7%
Hampton Heights
+9.6%
Lincoln Creek
+4.1%

Housing Supply in Lincoln Creek, WI

How many homes are available in Lincoln Creek, WI?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
2221-4.5%

Summary: The Lincoln Creek real estate market had 21 homes for sale in November 2024, a 4.5% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 66
0.0%
3 1313
0.0%
4 32
-33.3%
5+ 00
0.0%

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

Number of Homes Sold

Oct 2024Nov 2024CHANGE
75-28.6%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Lincoln Creek, you could pay more than the asking price. 60% of homes here sold above asking price last month.

Summary: A total of 5 homes were sold or pending in Lincoln Creek in November 2024, down by 28.6% month-over-month. Of the 5 sold homes, 20% were sold under asking, 20% were sold at asking, and 60% were sold over asking.

Days on Market for Lincoln Creek, WI

We’re sorry, we don't have information for this market at the moment

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

Report Updated 18 Days Ago

Newest Listings in Lincoln Creek, WI

Nearby Markets to Lincoln Creek, WI