Is Lincoln County, OR a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Lincoln County was a Seller's Market.
Housing Prices in Lincoln County, OR
How much do homes in Lincoln County, OR cost?
Median Sold Price
$486,732
$330/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 $486,732 in April 2024, down 6.5% from last year, and the median price per square foot was $330.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $271.5K | $300K | +10.5% |
2 Bedrooms | $413K | $420K | +1.7% |
3 Bedrooms | $580K | $525K | -9.5% |
4 Bedrooms | $695K | $797.5K | +14.7% |
5+ Bedrooms | $1.1M | $500K | -58.2% |
Summary: Lincoln County housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 10.5%, 2 bedroom homes increased by 1.7%, 3 bedroom homes decreased by 9.5%, 4 bedroom homes increased by 14.7%, and 5+ bedroom homes decreased by 58.2%.
Median Sold Price Compared To Nearby Counties
Lane County | $450.9K | $452.5K | 0.3% |
Tillamook County | $550K | $531K | -3.5% |
Polk County | $473.6K | $444.3K | -6.2% |
Lincoln County | $520.6K | $486.7K | -6.5% |
Housing Supply in Lincoln County, OR
How many homes are available in Lincoln County, OR?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
179 | 200 | +11.7% |
Summary: The Lincoln County real estate market had 200 homes for sale in April 2024, a 11.7% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 9 | 10 | +11.1% |
2 Bedrooms | 41 | 44 | +7.3% |
3 Bedrooms | 90 | 100 | +11.1% |
4 Bedrooms | 30 | 35 | +16.7% |
5+ Bedrooms | 9 | 11 | +22.2% |
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 11.1%, 2 bedroom homes increased by 7.3%, 3 bedroom homes increased by 11.1%, 4 bedroom homes increased by 16.7%, and 5+ bedroom homes increased by 22.2%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
20 | 25 | +25.0% |
Asking Price vs. Sold Price
16 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Summary: A total of 25 homes were sold or pending in Lincoln County in April 2024, up by 25.0% month-over-month. Of the 25 sold homes, 64% were sold under asking, 12% were sold at asking, and 24% were sold over asking.
Days on Market for Lincoln County, OR
How long does it take to sell a home in Lincoln County, OR?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
51 Days | 72 Days | +42.8% |
Summary: Homes in Lincoln County had an average of 72 days on market in Apr 2024, up by 42.8% compared to last year.
Breakdown of Home Sale Times
11 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
7 Homes Were Sold
Over 90 Days
Summary: During April 2024, 25 homes were sold in Lincoln County; 44% of homes were sold within 30 days, 28% of homes were sold within 30 to 90 days, and 28% of homes were sold over 90 days.