Lincoln Real Estate Statistics

Lincoln Real Estate Price Trend
Lincoln real estate average sold price in the last 30 days (February 27 - March 27) was $812,288, which is $106,485 (13.1%) higher than the average price of $705,803 in the previous 30 day period (January 28 - February 26), and $39,188 (4.8%) up from the same period 1 year ago ($773,100). Lincoln real estate prices over the last 30 days are also $46,376 (5.7%) higher than the average selling price of $765,912 over the past year.
Lincoln average sold price for homes was $920,666 in the last 30 days (February 27 - March 27), which is $114,136 (12.4%) up from the average home price of $806,530 in the previous 30 day period (January 28 - February 26), and $78,372 (8.5%) higher than the same period 1 year ago ($842,294). In the last 30 days Lincoln the average home price was $11,388 (1.2%) higher than the average selling price of $909,278 over the last 12 months.
Average Lincoln condo sold price over the last 30 days (February 27 - March 27) was $490,000. During this period it was $47,572 (9.7%) up from the average price of condo of $442,428 during the previous 30 days (January 28 - February 26), and $45,000 (9.2%) higher compared to the same period 1 year ago ($445,000). In the last 30 days Lincoln the average condo price was $61,938 (12.6%) higher than the average selling price of $428,062 over the last year.
Average sold price of Lincoln townhouse was $729,937 in the last 30 days (February 27 - March 27), up $62,897 (8.6%) from the average townhome price of $667,040 over the previous 30 days (January 28 - February 26), and $21,850 (3.0%) higher than during to the same period 1 year ago ($708,087). Over the last 30 days the average townhouse price in Lincoln was $51,824 (7.1%) higher compared to the average selling price of $678,113 over the last 12 months.
Sold Price Above/Below Asking ($)
Average selling price for Lincoln real estate was $812,288 in the last 30 days (February 27 - March 27), which is collectively $11,672 (1.1%) lower than the average asking price of $1,034,951. This represents an increase of $3,386 (22.5%) compared to $15,058 (1.7%) Sold-Under-Asking price from the previous 30 day period (January 28 - February 26).
The maximum Sold Over/Under Asking ratio in Lincoln during the last 12 months was recorded in July, 2023 with an average of $5,834 under the asking price, while the minimum occurring in November, 2023 with $62,352 below the asking price.
Sales to New Listings Ratio
Sales to New Listings Ratio (SNLR) represents the number of sales in relation to new inventory listed over a period of time. SNLR for all property types in Lincoln was 70.3% with 26 properties sold and 44 new properties listed in the past 30 days (February 27 - March 27). This represents a decrease from 120.5% recorded during the previous 30 day period (January 28 - February 26), and an increase from 69.2% compared to the same period one year ago.
Over the the last year the highest SNLR in Lincoln was 126.8% recorded in February and the lowest was in November at 23.1%. SNLR of under 40% generally represents the Buyers' Market, while 60% and above - the Sellers' Market, with 40% to 60% range signaling a balanced market.
Average Days on Market when Sold vs Delisted
The Average Days on the Market (DOM) for 26 properties that were successfully sold in Lincoln in the last 30 days (February 27 - March 27) was 30 days, which is 8 days less than 38 days average in the previous 30 day period (January 28 - February 26) and 3 days longer than during the same period a year ago (27 days).
There were 23 delisted properties in Lincoln, those that got either Expired, Suspended or Terminated over the last 30 days (February 27 - March 27) with an average of 105 days on the market. This is 21 days longer than the average of 84 days during the previous 30 day period (January 28 - February 26) and 31 days more compared to the same period last year average of 74 days on the market.
23 Lincoln properties that didn't sell stayed on the market 250.0% longer than 26 that sucessfully sold over the last 30 days - 30 days when sold vs 105 days when delisted respectively.
Average Days on the Market in Lincoln over the past 12 months for properties that have sold was 35.2 days, with 61.1 days for those properties that did not sell.
New Real Estate Listings vs Sold/Delisted
37 new properties were listed on the market in Lincoln in the last 30 days (February 27 - March 27). During the same time 26 properties were sold and 23 listings were removed from the market (Expired, Suspended or Terminated), which represents a decrease in total inventory by 12 properties (or 32.4%).
During the previous 30 day period (January 28 - February 26) there were 44 new properties listed, 53 sold and 25 properties that did not sell and were removed from the market.
Over the past year the busiest month for new listings was June with 52 new properties listed, the slowest - December with 13 new listings and a yearly average of 42 new listings per month.
New Real Estate Listings by Property Type
There were a total of 25 homes listed during the last 30 days (February 27 - March 27), which is 67.6% of all properties listed in Lincoln. This is a 0.0% decline compared with a previous 30 day period (January 28 - February 26) and 0.0% down from the same period a year ago. Over the past year an average of 24 homes are were listed per month.
3 condo units were listed in the last 30 days (February 27 - March 27) in Lincoln, which represents 8.1% of all new listings. This is down 50.0% from the prior 30 day period (January 28 - February 26) and 50.0% more compared to the same period last year. There were 6 condos listed per month on average during the last 12 months.
9 townhomes were listed over the last 30 days (February 27 - March 27) in Lincoln, which is 24.3% of all new real estate inventory. This is a 30.8% less than during the previous 30 day period (January 28 - February 26) and 25.0% decrease compared to the same period a year ago. During the last year the average number of townhomes listed stood at 12 a month.
Real Estate Sales by Property Type
There were a total of 15 homes sold during the last 30 days (February 27 - March 27), which is 57.7% of all properties sold in Lincoln. This is a 42.3% decline compared with a previous 30 day period (January 28 - February 26) and 11.8% down from the same period a year ago. Over the past year an average of 16 homes are were sold per month.
3 condo units were sold in the last 30 days (February 27 - March 27) in Lincoln, which represents 11.5% of all sold properties. This is down 57.1% from the prior 30 day period (January 28 - February 26) and 50.0% more compared to the same period last year. There were 4 condos sold per month on average during the last 12 months.
8 townhomes were sold over the last 30 days (February 27 - March 27) in Lincoln, which is 30.8% of all sold real estate. This is a 60.0% less than during the previous 30 day period (January 28 - February 26) and 0.0% decrease compared to the same period a year ago. During the last year the average number of townhomes sold stood at 9 a month.
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