Vikas Palan Sales Representative Homelife Super Stars Real Estate LTD
Lincoln Sold Land Prices — October 2024
3 land parcels sold in Lincoln in October 2024. Average sold price $250,000. 100% sold below asking — buyers have negotiating room.
| City | Avg Sold | Median | Sale / List | DOM | Market |
|---|---|---|---|---|---|
| St Catharines | $855,000 | $855,000 | 71.3% | 142d | 🧊 Buyers |
| Pelham | $275,000 | $275,000 | 91.7% | 69d | 🧊 Buyers |
| Welland | $207,576 | $180,000 | 95.8% | 25d | 🧊 Buyers |
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3 land parcels sold in Lincoln in October 2024. The average sold price was $250,000 and the median was $250,000. The average and median are within 0% of each other.
100% of land sold below asking in Lincoln in October 2024, with an average sale-to-list ratio of 83.4%. The average sale-to-list ratio was 83.4%.
Land in Lincoln took an average of 148 days to sell in October 2024, which is slower-moving, giving buyers more time to negotiate. Land transactions typically involve zoning checks, environmental assessments, surveys, and financing — which extend the timeline compared to home sales.
In October 2024, land in Lincoln sold between $250,000 and $250,000. This includes lots, acreage, and agricultural parcels. The average sold price was $250,000 and the median was $250,000.
The average land sale price in Lincoln in October 2024 was $250,000, which is $177,559 below the Ontario average of $427,559. The Ontario average for the same period was $427,559.
Data note: Based on MLS® land sale transaction data for Lincoln, Ontario. Not official TRREB or CREA data. For general research only.
