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 Last Month

Since last month, 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

$230,000

$168/sqft

Based on all homes sold in December 2024.

Difference Since Last Month

-$18,250(-7.4%)

Key Takeaway

Homes in Lindon Wood have sold for 7.4% less than they did a month ago.

Summary: The median home sold price in Lindon Wood was $230,000 in December 2024, down 7.4% from last month, and the median price per square foot was $168.

Median Sold Price By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 --
N/A
2 $156.5K$240K
+53.4%
3 $231.5K$227.5K
-1.7%
4 $299K$361K
+20.7%
5+ -$929.4K
N/A

Summary: Lindon Wood housing prices by bedroom type for December 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 53.4%, 3 bedroom homes decreased by 1.7%, 4 bedroom homes increased by 20.7%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Neighborhoods

Chimney Heights
-1.7%
Lindon Wood
-7.4%

Housing Supply in Lindon Wood, IN

How many homes are available in Lindon Wood, IN?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
4648+4.3%

Summary: The Lindon Wood real estate market had 48 homes for sale in December 2024, a 4.3% increase compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 00
0.0%
2 55
0.0%
3 2829
+3.6%
4 1110
-9.1%
5+ 24
+100.0%

Summary: The Lindon Wood housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 3.6%, 4 bedroom homes decreased by 9.1%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
1014+40.0%

Asking Price vs. Sold Price

8 Homes Were Sold
Under Asking

5 Homes Were Sold
At Asking

1 Home Was 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. 57.1% of homes here sold below asking price last month.

Summary: A total of 14 homes were sold or pending in Lindon Wood in December 2024, up by 40.0% month-over-month. Of the 14 sold homes, 57% were sold under asking, 36% were sold at asking, and 7% 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

Nov 2024Dec 2024CHANGE
17 Days50 Days+187.8%

Summary: Homes in Lindon Wood had an average of 50 days on market in Dec 2024, up by 187.8% compared to last month.

Breakdown of Home Sale Times

6 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

3 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 December 2024, 14 homes were sold in Lindon Wood; 43% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 21% 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 4 Days Ago

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