Lincoln, MA Real Estate & Homes for Sale

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.