Is Lindon Wood, IN a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Lindon Wood is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, Lindon Wood has remained a Seller's Market.

Key Takeaway

Lindon Wood is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Lindon Wood, IN

How much do homes in Lindon Wood, IN cost?

Median Sold Price

$260,000

$149/sqft

Based on all homes sold in the last 12 months.

The Median Sold Price hasn't changed since October 2023.

Key Takeaway

The sold price of homes in Lindon Wood has remained the same since last year.

Summary: The median home sold price in Lindon Wood was $260,000 in October 2024, the same as last year, and the median price per square foot was $149.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 -$170K
N/A
2 $185K$205K
+10.8%
3 $244.9K$250K
+2.1%
4 $293.9K$285K
-3.0%
5+ $346.9K$375K
+8.1%

Summary: Lindon Wood housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 10.8%, 3 bedroom homes increased by 2.1%, 4 bedroom homes decreased by 3%, and 5+ bedroom homes increased by 8.1%.

Housing Supply in Lindon Wood, IN

How many homes are available in Lindon Wood, IN?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
5562+12.7%

Summary: The Lindon Wood real estate market had 62 homes for sale in October 2024, a 12.7% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 64
-33.3%
3 3136
+16.1%
4 1317
+30.8%
5+ 55
0.0%

Summary: The Lindon Wood housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 33.3%, 3 bedroom homes increased by 16.1%, 4 bedroom homes increased by 30.8%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
1314+7.7%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Lindon Wood, you may be able to get a good deal. 42.9% of homes here sold below asking price last month.

Summary: A total of 14 homes were sold or pending in Lindon Wood in October 2024, up by 7.7% month-over-month. Of the 14 sold homes, 43% were sold under asking, 29% were sold at asking, and 29% were sold over asking.

Days on Market for Lindon Wood, IN

How long does it take to sell a home in Lindon Wood, IN?

Average Sale Time

Oct 2023Oct 2024CHANGE
14 Days41 Days+185.2%

Summary: Homes in Lindon Wood had an average of 41 days on market in Oct 2024, up by 185.2% compared to last year.

Breakdown of Home Sale Times

9 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Lindon Wood are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 14 homes were sold in Lindon Wood; 64% of homes were sold within 30 days, 21% of homes were sold within 30 to 90 days, and 14% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 22 Days Ago

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