Lincoln, ME Home Values & Market Trends

Real estate market trends reflect that there have been 74 transactions over the past year in Lincoln. The median value for residential home transactions that occurred over the previous year is $194,077.81. The number of current listings in Lincoln is 4, and the percentage of properties for sale in the city is 4.00%. Lincoln, ME currently has 6 properties in foreclosure, 0 bank owned properties, 0 properties headed for auction, and 4 properties for sale.

Lincoln, ME Real Estate Market Overview

ZipMedian Est. Value
04457

$ 300,694

$ 167/sqft

Housing Market Summary for Lincoln, ME

Apr 2023March 2024Change
Median Listing Price$0$189.7K-
Median Sold Price$138K$189.7K37.48%
Homes For Sale03-
Homes Sold334227.27%
Price
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Homes For Sale
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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%.

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Browse Homes in Lincoln, ME

Lincoln home values range from $25,830 to $3,574,295. The median estimated value of a home in Lincoln is $194,077.81. The median list price of a home is 361,950, and the total count of properties in the city is 2,053.

Foreclosure
There is 1 zips within Lincoln, ME; within this zips, the median estimated home value for homes in foreclosure ranges from $288,035 in 04457 to the lowest value of $175,528 in 04457. Foreclosure homes account for 0.00% of properties in Lincoln, ME with 04457 containing 6 foreclosures, the highest number of foreclosure properties in a single zip.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0.29% of all residential properties in Lincoln, ME with 04457 containing 6 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 $288,035 in 04457 to the lowest home value of $175,528 in 04457.
  • Bank Owned
    The 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.
  • Auctions
    N/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.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.19% of residential properties in Lincoln, ME with 04457 containing 5 homes for sale, the highest number of listed properties in a single zip. There is 1 zips within Lincoln, ME; homes for sale in that zips, have a range of median values from $575,000 in 04457 to the lowest value of $181,256 in 04457.
    Sold Homes
    The median value for recently sold homes ranges from $459,000 in 04457 to the lowest price of $48,331 in 04457. There is 1 zips within Lincoln, ME. 04457 has 43 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 2.05% of properties in Lincoln, ME.

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      Guide for Lincoln, ME

      Wholesaling
      Lincoln’s Real Estate Market Shows Strong Growth Trend from March 2023 to February 2024
      Market Reports
      Knoxville Real Estate Market Report, April 2024
      Market Reports
      Rising Real Estate: Biloxi Property Value Appreciates Amidst Market Fluctuations
      A new house being built
      Investment Financing
      What Type of Loan Is Best for First-Time Home Buyers?
      See More Articles
      Lincoln’s Real Estate Market Shows Strong Growth Trend from March 2023 to February 2024
      Wholesaling|posted 25 March 2024

      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.

      Knoxville Real Estate Market Report, April 2024
      Market Reports|posted 9 April 2024

      The Knoxville real estate market is seeing fluctuations in property prices, with the average value at $399,900 as of March 2024.

      Rising Real Estate: Biloxi Property Value Appreciates Amidst Market Fluctuations
      Market Reports|posted 9 April 2024

      Biloxi’s real estate market shows dynamic growth and consumer confidence, with property values rising from $271,000 to $290,000 within a year, despite some price fluctuations.

      A new house being built
      What Type of Loan Is Best for First-Time Home Buyers?
      Investment Financing|posted 9 April 2024

      Buying a new home is an important milestone for many. But how do you make sure you pick the right mortgage?

      Recently Listed Homes Lincoln, ME

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