Is Lincoln County, WY 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, WY
How much do homes in Lincoln County, WY cost?
Median Sold Price
$480,000
$224/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 $480,000 in April 2024, down 10.7% from last year, and the median price per square foot was $224.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $385K | $250K | -35.1% |
2 Bedrooms | $485K | $242.5K | -50.0% |
3 Bedrooms | $516.5K | $437.5K | -15.3% |
4 Bedrooms | $647.7K | $582.5K | -10.1% |
5+ Bedrooms | $775.7K | $664K | -14.4% |
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 35.1%, 2 bedroom homes decreased by 50%, 3 bedroom homes decreased by 15.3%, 4 bedroom homes decreased by 10.1%, and 5+ bedroom homes decreased by 14.4%.
Median Sold Price Compared To Nearby Counties
Sublette County | $369K | $402.5K | +9.1% |
Lincoln County | $537.5K | $480K | -10.7% |
Housing Supply in Lincoln County, WY
How many homes are available in Lincoln County, WY?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
100 | 141 | +41.0% |
Summary: The Lincoln County real estate market had 141 homes for sale in April 2024, a 41.0% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 13 | 14 | +7.7% |
3 Bedrooms | 42 | 58 | +38.1% |
4 Bedrooms | 24 | 37 | +54.2% |
5+ Bedrooms | 21 | 32 | +52.4% |
Summary: The Lincoln County housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 7.7%, 3 bedroom homes increased by 38.1%, 4 bedroom homes increased by 54.2%, and 5+ bedroom homes increased by 52.4%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
13 | 9 | -30.8% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 9 homes were sold or pending in Lincoln County in April 2024, down by 30.8% month-over-month. Of the 8 sold homes, 88% were sold under asking, 13% were sold at asking, and 0% were sold over asking.
Days on Market for Lincoln County, WY
How long does it take to sell a home in Lincoln County, WY?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
114 Days | 94 Days | -17.4% |
Summary: Homes in Lincoln County had an average of 94 days on market in Apr 2024, down by 17.4% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During April 2024, 9 homes were sold in Lincoln County; 11% of homes were sold within 30 days, 56% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.