Lincoln, RI 02865 Real Estate Market Report

ZIP Code: 02865
Report Date: April 2026
Market Temperature: NEUTRAL
Scope: Single-Family Residential (SFR) listings and comps only

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Executive Overview

The real estate market in Lincoln, RI is currently characterized by a median sold price of $579,450, reflecting a stable market environment. While there is no historical sold price change percentage available, the current market dynamics indicate a balanced atmosphere with moderate sales activity. The elevated inventory levels suggest that while homes are selling, the pace may be slower than in more competitive markets. This could be attributed to the elevated interest rate pressure, which impacts affordability and buyer sentiment.

With a median listing price of $1,050,000, there appears to be a significant gap between seller expectations and actual market transactions. The median days on market stands at 268 days, indicating a slower sales velocity. This extended timeframe may suggest that buyers are taking their time to evaluate options in a market where rental demand remains steady, with a median market rent of $2,150. Overall, the market appears to be stable, but with caution advised due to the elevated interest rate environment.

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Market Overview

This analysis is based on a sample of properties from this ZIP code (up to 200 sold properties and up to 100 active properties). The median prices below are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

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Market Metrics

Note: The property counts shown above represent only the properties analyzed in this report sample, not the total inventory for this ZIP code. Median prices are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

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Rental Market

Note: The relationship between property values and rental rates reflects different market dynamics. Higher-priced properties may have lower rental yields due to factors such as luxury market positioning, owner-occupancy preferences, or long-term appreciation strategies rather than immediate rental income maximization.

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Property Taxes

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Liquidity & Velocity

Note: A Sale-to-List Ratio near 100% can occur when properties sell at or near their final listing price after price adjustments during the listing period, even when initial listing prices differ significantly from sale prices.

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Market Trends & Context

Understanding Market Temperature

A Neutral market indicates balanced conditions where neither buyers nor sellers have a strong advantage, typically characterized by flat price trends, extended but stable days on market, and moderate inventory relative to sales.

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Key Findings

1. The median sold price of $579,450 indicates a stable market, although the gap with the median listing price of $1,050,000 suggests potential pricing friction.

2. With 268 days as the median days on market, sales velocity appears to be slower, indicating a need for sellers to adjust expectations in the current market context.

3. The market temperature is currently neutral, suggesting a balanced environment where neither buyers nor sellers have a distinct advantage.

4. Elevated interest rate pressure may be impacting buyer affordability, contributing to the slower transaction volume observed.

5. The median market rent of $2,150 reflects steady rental demand, which may provide some support for home prices in the area.

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Notable Properties

The following 8 properties represent notable market examples and recent transactions that illustrate key market dynamics. These are illustrative examples selected for their significance (top sales, market benchmarks, quick sales) and are not the basis for the statistical calculations shown above.