Is Lincoln County, MT a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Lincoln County has remained a Buyer's Market.
Housing Prices in Lincoln County, MT
How much do homes in Lincoln County, MT cost?
Median Sold Price
$361,250
$243/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Lincoln County was $361,250 in April 2024, down 15% from last year, and the median price per square foot was $243.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $270K | $239K | -11.5% |
2 Bedrooms | $306.1K | $307K | 0.3% |
3 Bedrooms | $442.5K | $469K | +6.0% |
4 Bedrooms | $500K | $435K | -13.0% |
5+ Bedrooms | $530K | $570K | +7.5% |
Summary: Lincoln County housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 11.5%, 2 bedroom homes increased by 0.3%, 3 bedroom homes increased by 6%, 4 bedroom homes decreased by 13%, and 5+ bedroom homes increased by 7.5%.
Median Sold Price Compared To Nearby Counties
Flathead County | $619.2K | $630.7K | +1.9% |
Sanders County | $459.5K | $450K | -2.1% |
Lincoln County | $425K | $361.2K | -15.0% |
Housing Supply in Lincoln County, MT
How many homes are available in Lincoln County, MT?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
167 | 202 | +21.0% |
Summary: The Lincoln County real estate market had 202 homes for sale in April 2024, a 21.0% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 16 | 21 | +31.3% |
2 Bedrooms | 42 | 49 | +16.7% |
3 Bedrooms | 71 | 83 | +16.9% |
4 Bedrooms | 21 | 27 | +28.6% |
5+ Bedrooms | 17 | 22 | +29.4% |
Summary: The Lincoln County housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 31.3%, 2 bedroom homes increased by 16.7%, 3 bedroom homes increased by 16.9%, 4 bedroom homes increased by 28.6%, and 5+ bedroom homes increased by 29.4%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
16 | 12 | -25.0% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 12 homes were sold or pending in Lincoln County in April 2024, down by 25.0% month-over-month. Of the 12 sold homes, 67% were sold under asking, 25% were sold at asking, and 8% were sold over asking.
Days on Market for Lincoln County, MT
How long does it take to sell a home in Lincoln County, MT?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
172 Days | 141 Days | -17.6% |
Summary: Homes in Lincoln County had an average of 141 days on market in Apr 2024, down by 17.6% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
7 Homes Were Sold
Over 90 Days
Summary: During April 2024, 12 homes were sold in Lincoln County; 8% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 58% of homes were sold over 90 days.