Search homes for sale in Lincoln, MA, famous for its rich history related to the Revolutionary War.
The Lincoln housing market is highly competitive. Last month, the median sale price for a home in Lincoln soared to $1.8 million, representing a remarkable 67.0% increase compared to the previous year. Meanwhile, the median price per square foot decreased by 9.16%, settling at $352.
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In October 2024, Lincoln home prices saw a dramatic 67.0% increase compared to the previous year, with a median sale price of $1.8M. Despite this surge, the median price per square foot dropped by 9.16% to $352, suggesting buyers may be prioritizing larger properties over cost per square foot. Homes sold on average for 5.4% above the list price, often closing within just 17 days on the market, reflecting intense competition. With buyers putting down an average of 98.6% as a down payment and only five homes sold, limited inventory and strong demand continue to drive the market dynamics.
Lincoln is an extremely competitive housing market, where homes typically sell in just 17 days. Many properties attract multiple offers, with some buyers waiving contingencies to strengthen their bids. On average, homes sell for about 5% above the list price and go pending within 17 days. The competition is even fiercer for highly desirable properties, which often sell for as much as 10% above asking price and go under contract in just 12 days. This fast-paced market highlights strong demand and limited inventory, making it essential for buyers to act quickly and decisively.
In October 2024, Lincoln, MA, was a strong seller's market, with demand for homes far exceeding the available inventory. This imbalance gives sellers a significant advantage, often resulting in multiple offers, competitive bidding, and favorable terms. Buyers in this environment face stiff competition, requiring quick decision-making and strong offers to secure a property. For sellers, it’s an ideal time to list and maximize returns.
With deep expertise in Lincoln, MA, and a personalized approach, Peggy is your trusted partner for finding the perfect home. From navigating competitive offers to uncovering the best properties, Peggy’s commitment ensures a smooth and successful experience. Don’t wait—reach out today to start your home-buying journey!
Curious about what makes Lincoln, MA, such a sought-after place to live? Our Lincoln Neighborhood Guide has all the details you need—covering schools, local amenities, outdoor spaces, and more. Discover what makes Lincoln a perfect blend of charm and modern living—start exploring now!
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read morePeggy has lived in the area since 1992 and has enjoyed raising her family in the community. She brings her considerable attention to detail, commitment to our clients, broad network of connections, professional and technological skills.
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