Lincoln Housing Market Report May 2025•Polk County, Wisconsin

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Housing Prices in Lincoln, WI

How much do homes in Lincoln, WI cost?

Housing Market Conditions

Is Lincoln, WI a buyer’s or seller’s market?

Housing Market Conditions

This is the supply and demand for houses in an area based on home prices and trends.

Buyer’s Market

A buyer’s market occurs when the number of available properties for sale exceeds the number of buyers looking to purchase. In a buyer’s market, the supply exceeds the demand.

Neutral Market

A neutral market occurs when the number of buyers looking to purchase properties meets the number of available properties for sale. In a balanced market, there are enough homes to meet the demand.

Seller’s Market

A seller’s market occurs when there are more buyers looking to purchase properties than there are available homes on the market. In a seller’s market, the demand exceeds the supply.

Seller'sMarket

Buyer'sMarket

Lincoln is a Seller's Market

Difference Since May 2024

Since last year, Lincoln has remained a Seller's Market.

Insight

Lincoln is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Median Sold Price

Median Sold Price
This is the middle price for which all homes in the area were sold. Half of all the homes sold were below this price, and half were above.
$367,000$234/SqFt
+$2,000
0.5%

Based on all homes sold in the last 12 months

Insight

Homes in Lincoln have sold for 0.5% more than they did a year ago.

Summary: The median home sold price in Lincoln was $367,000 in May 2025, up 0.5% from last year, and the median price per square foot was $234.

Median Sold Price By Cities

Median Sold Price By Cities
This is the middle price for which all homes in the area were sold compared to surrounding cities. Half of all the homes sold were below this price, and half were above.
CityChange YoY
Apple River
+68.8%
Amery
+14.7%
Lincoln
0.5%

Median Sold Price By Bedrooms

Median Sold Price By Bedrooms
This is the middle price for all homes actively listed in an area broken out by the number of bedrooms. Half of the homes are listed below this price, and half are above.
BedsMay 2024May 2025Change YoY
1-$230K
N/A
2$201K$319.5K
+59.0%
3$331K$305K
-7.9%
4$413.7K$425K
+2.7%
5$891K-
N/A

Summary: Lincoln housing price by bedroom type for May 2025, compared to the previous year. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes increased by +59.0%. The home price for 3 bedroom homes decreased by -7.9%. The home price for 4 bedroom homes increased by +2.7%. The home price for 5 bedroom homes did not change.

How does Lincoln, WI compare with other places?

Market comparison tool

Data and numbers shown are subject to change and may vary based on different timeframes.

Lincoln, WI

Housing supply in Lincoln, WI

How many homes are available in Lincoln, WI?

Number of Homes For Sale

Number of Homes For Sale
This is the total number of homes actively listed in an area.
Last Month2 months agoChange MoM
14Last MonthMay 2025
102 months agoApr 2025
+40.0 %
Change MoMApr – May

Summary: The Lincoln real estate market had 14 homes for sale in May 2025, a 40.0 % increase compared to Apr 2025.

Number of Homes Sold

Number of Homes Sold
This is the total number of both homes sold and pending in an area.
Last Month2 months agoChange MoM
5Last MonthMay 2025
02 months agoApr 2025
+100.0 %
Change MoMApr – May

Homes For Sale By Bedroom Count

Homes For Sale By Bedroom Count
This is the total number of homes actively listed in an area by number of bedrooms.
BedsApr 2025May 2025Change MoM
100
0.0%
200
0.0%
388
0.0%
426
+200.0%
500
0.0%

Summary: Lincoln housing inventory by bedroom type for May 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes remained the same. The inventory for 3 bedroom homes remained the same. The inventory for 4 bedroom homes increased by +200.0%. The inventory for 5 bedroom homes remained the same.

Asking Price vs. Sold Price

How much do homes in Lincoln, WI cost?

Asking Price vs. Sold Price

The asking price is how much a home is listed for. The selling price is how much the home actually sold for.

Under Asking

Homes that sold for less than the asking price

At Asking

Homes that sold at their asking price

Over Asking

Homes that sold above the asking price

Over Asking Price4 Homes

At Asking Price1 Home

Under Asking Price0 Home

Insight

If you're buying a home in Lincoln, you could pay more than the asking price. 80% of homes here sold above asking price last month.

Summary: A total of 5 homes were sold or pending in Lincoln in May 2025, up by 100.0% month-over-month. Of the 5 sold homes, 0% were sold under asking, 20% were sold at asking, and and 80% were sold over asking.

Days on Market for Lincoln, WI

How long does it take to sell a home in Lincoln, WI?

Breakdown of Home Sale Times

Under 30 Days0 Home

30 – 90 Days3 Homes

Over 90 Days0 Home

Insight

Avg time on Rocket Homes in Lincoln has remained consistent over time.

Summary: During May 2025, 5 homes were sold in Lincoln; 0% of homes were sold within 30 days, 60% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Average Sale Time

Average Sale Time
This is the average number of days homes take to sell in an area.
This Year1 year agoChange YoY
39 DaysThis YearMay 2025
20 Days1 year agoMay 2024
+92.8 %
Change YoYMay 2024 – May 2025

Summary: Homes in Lincoln had an average listing age of 39 days in May 2025, up by 92.8% compared to the previous year.

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Newest Listings in Lincoln, WI

What homes are available in Lincoln, WI?

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Nearby markets

Nearby markets aren't available for Lincoln, WI

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MLS Disclaimers and Copyright

Based on information from NorthStar of Minnesota / Regional Multiple Listing Service of Minnesota Inc., and Wisconsin Real Estate Exchange for the period 06/01/2023 - 06/01/2025

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The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity℠ Program of the Regional Multiple Listing Service of Minnesota, Inc. Real estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity℠ logo or the Broker Reciprocity℠ thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Some or all of the property listings above may have been submitted to the Regional Multiple Listing Service (RMLS) by the listing broker for distribution to cooperating brokers through Broker reciprocity. Attribution of the listing broker may be found on the detail page for all properties. The broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision.

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DMCA Notice
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/2/2025, 2:22:30 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
© 2025 WIREX - All Rights Reserved.

Information is supplied by seller and other third parties and has not been verified. All information deemed reliable but not guaranteed and should be independently verified. Information is supplied by seller and other third parties and has not been verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker nor this broker nor MLS shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/2/2025, 2:20:32 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.