Is Lincoln Township, IA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, Lincoln Township was a Buyer's Market.
Housing Prices in Lincoln Township, IA
How much do homes in Lincoln Township, IA cost?
Median Sold Price
$508,500
$277/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Lincoln Township was $508,500 in May 2024, up 14.3% from last year, and the median price per square foot was $277.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $231.4K | $359.9K | +55.5% |
3 Bedrooms | $412.9K | $416.2K | +0.8% |
4 Bedrooms | $506.8K | $460K | -9.2% |
5+ Bedrooms | $770.8K | $760K | -1.4% |
Summary: Lincoln Township housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 55.5%, 3 bedroom homes increased by 0.8%, 4 bedroom homes decreased by 9.2%, and 5+ bedroom homes decreased by 1.4%.
Housing Supply in Lincoln Township, IA
How many homes are available in Lincoln Township, IA?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
23 | 22 | -4.3% |
Summary: The Lincoln Township real estate market had 22 homes for sale in May 2024, a 4.3% decrease compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 4 | 4 | 0.0% |
3 Bedrooms | 6 | 5 | -16.7% |
4 Bedrooms | 6 | 7 | +16.7% |
5+ Bedrooms | 7 | 6 | -14.3% |
Summary: The Lincoln Township housing inventory by bedroom type for May 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 16.7%, 4 bedroom homes increased by 16.7%, and 5+ bedroom homes decreased by 14.3%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
2 | 4 | +100.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 4 homes were sold or pending in Lincoln Township in May 2024, up by 100.0% month-over-month. Of the 4 sold homes, 75% were sold under asking, 25% were sold at asking, and 0% were sold over asking.
Days on Market for Lincoln Township, IA
How long does it take to sell a home in Lincoln Township, IA?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
65 Days | 106 Days | +63.0% |
Summary: Homes in Lincoln Township had an average of 106 days on market in May 2024, up by 63% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During May 2024, 4 homes were sold in Lincoln Township; 25% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.