Lincoln, ME Home Values & Market Trends
Real estate market trends reflect that there have been 75 transactions over the past year in Lincoln. The median value for residential home transactions that occurred over the previous year is $189,011.69. The number of current listings in Lincoln is 3, and the percentage of properties for sale in the city is 3.00%. Lincoln, ME currently has 5 properties in foreclosure, 0 bank owned properties, 0 properties headed for auction, and 3 properties for sale.
Lincoln, ME Real Estate Market Overview
Zip | Median Est. Value |
---|---|
04457 | $ 296,619 $ 223/sqft |
Housing Market Summary for Lincoln, ME
Mar 2023 | February 2024 | Change | |
---|---|---|---|
Median Listing Price | $30,000 | $204K | 580.02% |
Median Sold Price | $153.4K | $204K | 32.98% |
Homes For Sale | 1 | 0 | -100.00% |
Homes Sold | 40 | 45 | 12.50% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in Lincoln, ME
Browse Homes in Lincoln, ME
Lincoln home values range from $25,873 to $2,883,283. The median estimated value of a home in Lincoln is $189,011.69. The median list price of a home is 274,900, and the total count of properties in the city is 2,053.
- Pre-ForeclosurePre-foreclosure homes account for 0.24% of all residential properties in Lincoln, ME with 04457 containing 5 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Lincoln, ME; of that zips, the estimated home value for pre-foreclosure homes ranges from $271,799 in 04457 to the lowest home value of $125,371 in 04457.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Lincoln, ME ranges from the highest value of $0 in N/A to the lowest value of $0 in N/A. Bank owned homes and properties account for 0% of properties in Lincoln, ME. There is 1 zips within Lincoln, ME; N/A containing 0 REO properties, has the highest number of bank owned properties in a single zip.
- AuctionsN/A has 0 auction properties, the highest number of properties going to auction in a single zip in the state of Lincoln, ME. Auction homes and other auction properties account for 0% of all properties in Lincoln, ME. There is 1 zips within Lincoln, ME; of that zips, the median estimated home value for homes going to auction ranges from $0 in N/A to the lowest value of $0 in N/A.
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Guide for Lincoln, ME
Lincoln, Nebraska’s real estate market has seen steady growth in average property values from March 2023 to February 2024. The market exhibits rising demand and prices, indicating there may be value buys available.
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