Is Lindale, GA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Lindale has remained a Seller's Market.
Housing Prices in Lindale, GA
How much do homes in Lindale, GA cost?
Median Sold Price
$207,900
$137/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Lindale was $207,900 in May 2024, up 22.4% from last year, and the median price per square foot was $137.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $131K | $185K | +41.2% |
3 Bedrooms | $166K | $205K | +23.5% |
4 Bedrooms | $249K | $250K | 0.4% |
5+ Bedrooms | $197.7K | - | N/A |
Summary: Lindale housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 41.2%, 3 bedroom homes increased by 23.5%, 4 bedroom homes increased by 0.4%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
Lindale | $169.9K | $207.9K | +22.4% |
Rome | $215.8K | $245.6K | +13.8% |
Silver Creek | $240K | $239.9K | 0% |
Housing Supply in Lindale, GA
How many homes are available in Lindale, GA?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
23 | 17 | -26.1% |
Summary: The Lindale real estate market had 17 homes for sale in May 2024, a 26.1% decrease compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 6 | 1 | -83.3% |
3 Bedrooms | 11 | 10 | -9.1% |
4 Bedrooms | 6 | 6 | 0.0% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Lindale housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 83.3%, 3 bedroom homes decreased by 9.1%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
11 | 5 | -54.5% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 5 homes were sold or pending in Lindale in May 2024, down by 54.5% month-over-month. Of the 5 sold homes, 40% were sold under asking, 0% were sold at asking, and 60% were sold over asking.
Days on Market for Lindale, GA
How long does it take to sell a home in Lindale, GA?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
10 Days | 21 Days | +101.9% |
Summary: Homes in Lindale had an average of 21 days on market in May 2024, up by 101.9% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During May 2024, 5 homes were sold in Lindale; 60% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.