Is Lynn, IN a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Lynn is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Lynn has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Lynn, IN

How much do homes in Lynn, IN cost?

Median Sold Price

$117,500

$70/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

-$162,400(-58.0%)

Key Takeaway

Homes in Lynn have sold for 58% less than they did a month ago.

Summary: The median home sold price in Lynn was $117,500 in October 2024, down 58% from last month, and the median price per square foot was $70.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 -$70K
N/A
3 --
N/A
4 $279.9K$165K
-41.1%
5+ --
N/A

Summary: Lynn housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes decreased by 41.1%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Washington Township
-9.4%
Lynn
-58.0%

Housing Supply in Lynn, IN

How many homes are available in Lynn, IN?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
35+66.7%

Summary: The Lynn real estate market had 5 homes for sale in October 2024, a 66.7% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 11
0.0%
3 03
+100.0%
4 21
-50.0%
5+ 00
0.0%

Summary: The Lynn 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 remained the same, 3 bedroom homes increased by 100%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
12+100.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Lynn, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Lynn in October 2024, up by 100.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.

Days on Market for Lynn, IN

We’re sorry, we don't have information for this market at the moment

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

Report Updated 4 Days Ago

Newest Listings in Lynn, IN

Nearby Markets to Lynn, IN