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$2,791 Closing Credit¹
Donavin Jaden Tallarico I, Listing Office: Northrop Realty
Lincoln Housing Market Report December 2024•Sussex County, Delaware
Housing Prices in Lincoln, DE
How much do homes in Lincoln, DE cost?
Housing Market Conditions
Is Lincoln, DE a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Lincoln is a Seller's Market
Difference Since November 2024
Last month, Lincoln was a Buyer's Market.
Insight
Lincoln is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Median Sold Price
$432,922$195/SqFt
+$30,922
+7.7%
Based on all homes sold in December 2024
Insight
Homes in Lincoln have sold for 7.7% more than they did a month ago.
Summary: The median home sold price in Lincoln was $432,922 in December 2024, up 7.7% from last month, and the median price per square foot was $195.
Median Sold Price By Bedrooms
| Beds | Nov 2024 | Dec 2024 | Change MoM |
|---|---|---|---|
| 11 Bedroom | - | - | N/A |
| 22 Bedrooms | $429K | - | N/A |
| 33 Bedrooms | $375K | $345K | -8.0% |
| 44 Bedrooms | - | $520K | N/A |
| 55+ Bedrooms | - | - | N/A |
Summary: Lincoln housing price by bedroom type for December 2024, compared to the previous month. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes did not change. The home price for 3 bedroom homes decreased by -8.0%. The home price for 4 bedroom homes did not change. The home price for 5 bedroom homes did not change.
Housing supply in Lincoln, DE
How many homes are available in Lincoln, DE?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 32Last MonthDec 2024 | ||
| 292 months agoNov 2024 | +10.3 % Change MoMNov – Dec |
Summary: The Lincoln real estate market had 32 homes for sale in Dec 2024, a 10.3 % increase compared to Nov 2024.
Number of Homes Sold
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 6Last MonthDec 2024 | ||
| 22 months agoNov 2024 | +200.0 % Change MoMNov – Dec |
Homes For Sale By Bedroom Count
| Beds | Nov 2024 | Dec 2024 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 0 | 0 | 0.0% |
| 22 Bedrooms | 2 | 1 | -50.0% |
| 33 Bedrooms | 18 | 21 | +16.7% |
| 44 Bedrooms | 8 | 9 | +12.5% |
| 55+ Bedrooms | 1 | 1 | 0.0% |
Summary: Lincoln housing inventory by bedroom type for December 2024, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes decreased by -50.0%. The inventory for 3 bedroom homes increased by +16.7%. The inventory for 4 bedroom homes increased by +12.5%. The inventory for 5 bedroom homes remained the same.
Asking Price vs. Sold Price
How much do homes in Lincoln, DE cost?
Over Asking Price0 Home
At Asking Price3 Homes
Under Asking Price3 Homes
Insight
If you're buying a home in Lincoln, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 6 homes were sold or pending in Lincoln in December 2024, up by 200.0% month-over-month. Of the 6 sold homes, 50% were sold under asking, 50% were sold at asking, and and 0% were sold over asking.
Days on Market for Lincoln, DE
How long does it take to sell a home in Lincoln, DE?
Breakdown of Home Sale Times
Under 30 Days2 Homes
30 – 90 Days4 Homes
Over 90 Days0 Home
Insight
Avg time on Rocket Homes in Lincoln has remained consistent over time.
Summary: During December 2024, 6 homes were sold in Lincoln; 33% of homes were sold within 30 days, 67% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Average Sale Time
| Last Month | 1 month ago | Change MoM |
|---|---|---|
| 32 DaysLast MonthDec 2024 | ||
| 67 Days1 month agoNov 2024 | -52.1 % Change MoMNov – Dec |
Summary: Homes in Lincoln had an average listing age of 32 days in Dec 2024, down by 52.1% compared to the previous month.
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Newest Listings in Lincoln, DE
What homes are available in Lincoln, DE?
$3,788 Closing Credit¹
Kelly Turner, Listing Office: Keller Williams Realty
$6,234 Closing Credit¹
Gilbert R. Myers Jr., Listing Office: Myers Realty
$5,284 Closing Credit¹
Isha Iqbal, Listing Office: Century 21 Gold Key Realty
Backup offers
$3,918 Closing Credit¹
RANDY L HILL, Listing Office: The Real Estate Market
$4,144 Closing Credit¹
Julie Gritton, Listing Office: Coldwell Banker Premier - Lewes
John E Redefer IV, Listing Office: REHOBOTH BAY REALTY, CO.
$6,531 Closing Credit¹
Donna Watson, Listing Office: The Watson Realty Group, LLC
$6,294 Closing Credit¹
Jaime Hurlock, Listing Office: Long & Foster Real Estate, Inc.
$5,937 Closing Credit¹
Jaime Hurlock, Listing Office: Long & Foster Real Estate, Inc.
SONIA PARKER, Listing Office: Coldwell Banker Realty
Backup offers
Kelly Turner, Listing Office: Keller Williams Realty
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MLS Disclaimers and Copyright
Based on information from BrightMLS, for the period 11/01/2024 - 01/01/2025
Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.
BRIGHT MLS is the (or a) provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors. ©2025 BrightMLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/26/2025, 10:21:30 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.