$2,850 Closing Credit*
$239,999
785 SqFt
1 Bed
•1 Bath
Listing Office: RE/MAX Preferred
Is Linden Hills, MN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Linden Hills was a Seller's Market.
Key Takeaway
Linden Hills is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Linden Hills, MN
How much do homes in Linden Hills, MN cost?
Median Sold Price
$650,000
$319/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$32,000(-4.7%)
Key Takeaway
Homes in Linden Hills have sold for 4.7% less than they did a year ago.
Summary: The median home sold price in Linden Hills was $650,000 in October 2024, down 4.7% from last year, and the median price per square foot was $319.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $200.7K | $208.5K | +3.9% |
| 2 Bedrooms | $345K | $398.7K | +15.6% |
| 3 Bedrooms | $616.2K | $589.1K | -4.4% |
| 4 Bedrooms | $868K | $790K | -9.0% |
| 5+ Bedrooms | $1.3M | $1.2M | -8.4% |
Summary: Linden Hills housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 3.9%, 2 bedroom homes increased by 15.6%, 3 bedroom homes decreased by 4.4%, 4 bedroom homes decreased by 9%, and 5+ bedroom homes decreased by 8.4%.
Median Sold Price Compared To Nearby Neighborhoods
| East Harriet | $400K | $392.5K | -1.9% |
| Linden Hills | $682K | $650K | -4.7% |
| Cottage City | $917.5K | $724.9K | -21.0% |
Housing Supply in Linden Hills, MN
How many homes are available in Linden Hills, MN?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 47 | 54 | +14.9% |
Summary: The Linden Hills real estate market had 54 homes for sale in October 2024, a 14.9% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 6 | 8 | +33.3% |
| 2 Bedrooms | 7 | 6 | -14.3% |
| 3 Bedrooms | 11 | 15 | +36.4% |
| 4 Bedrooms | 15 | 15 | 0.0% |
| 5+ Bedrooms | 8 | 10 | +25.0% |
Summary: The Linden Hills housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 33.3%, 2 bedroom homes decreased by 14.3%, 3 bedroom homes increased by 36.4%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 25%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 9 | 8 | -11.1% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Linden Hills, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.
Summary: A total of 8 homes were sold or pending in Linden Hills in October 2024, down by 11.1% month-over-month. Of the 8 sold homes, 25% were sold under asking, 50% were sold at asking, and 25% were sold over asking.
Days on Market for Linden Hills, MN
How long does it take to sell a home in Linden Hills, MN?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 48 Days | 82 Days | +69.1% |
Summary: Homes in Linden Hills had an average of 82 days on market in Oct 2024, up by 69.1% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Linden Hills are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 8 homes were sold in Linden Hills; 75% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.
