Is Lincoln, NM 88338 a buyer’s or seller’s market?
Lincoln is a seller’s market. With about 3.2 months of supply and 0% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
The Lincoln housing market right now
In the three months ending August 31, 2026, 0% of homes in Lincoln, NM 88338 sold above their list price, the typical home went under contract in 98 days and there were 3.2 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. With only 1 sale, these figures can swing a lot from month to month.
Within Lincoln County, homes here sell faster than in 57% of the county’s ZIP codes, and sell less often over asking than in any other ZIP code in the county.
Run the numbers for 88338
Nearby markets
Alto 88312Buyer’s market $297 /sq ftCapitan 88316Buyer’s market $299 /sq ftCarrizozo 88301Buyer’s market $171 /sq ftCorona 88318 — /sq ft Browse all markets →Where Lincoln is
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Questions about Lincoln real estate
Is Lincoln a buyer’s or seller’s market?
A seller’s market: there were 3.2 months of supply in Lincoln, NM 88338 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Lincoln?
The typical home went under contract in 98 days in the latest three months.
Do homes in Lincoln sell over asking?
0% of homes sold above their original list price.
What are property taxes in Lincoln?
About 0.53% of a home’s value a year in Lincoln County, or roughly $2,120 on a $400,000 home.
What is the median home price in Lincoln?
The median sale price was $594,743 in the three months ending August 31, 2026, about $172 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology