$3,562 Closing Credit*
$299,999
1,722 SqFt
2 Beds
•1 Full Bath
Listing Office: Realty Group LLC
Is Lindstrom, MN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Lindstrom has remained a Seller's Market.
Key Takeaway
Lindstrom is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Lindstrom, MN
How much do homes in Lindstrom, MN cost?
Median Sold Price
$390,000
$189/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$15,000(+4.0%)
Key Takeaway
Homes in Lindstrom have sold for 4% more than they did a year ago.
Summary: The median home sold price in Lindstrom was $390,000 in October 2024, up 4% from last year, and the median price per square foot was $189.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $195K | $377.4K | +93.6% |
| 2 Bedrooms | $335K | $279.9K | -16.4% |
| 3 Bedrooms | $371K | $379.9K | +2.4% |
| 4 Bedrooms | $393.5K | $397.4K | +1.0% |
| 5+ Bedrooms | $388.6K | $692.5K | +78.2% |
Summary: Lindstrom housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 93.6%, 2 bedroom homes decreased by 16.4%, 3 bedroom homes increased by 2.4%, 4 bedroom homes increased by 1%, and 5+ bedroom homes increased by 78.2%.
Median Sold Price Compared To Nearby Cities
| Chisago Lake Township | $507.5K | $542.7K | +6.9% |
| Lindstrom | $375K | $390K | +4.0% |
| Chisago City | $449.9K | $425K | -5.5% |
Housing Supply in Lindstrom, MN
How many homes are available in Lindstrom, MN?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 51 | 49 | -3.9% |
Summary: The Lindstrom real estate market had 49 homes for sale in October 2024, a 3.9% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 14 | 14 | 0.0% |
| 3 Bedrooms | 16 | 16 | 0.0% |
| 4 Bedrooms | 16 | 15 | -6.3% |
| 5+ Bedrooms | 5 | 4 | -20.0% |
Summary: The Lindstrom 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 remained the same, 4 bedroom homes decreased by 6.3%, and 5+ bedroom homes decreased by 20%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 11 | 14 | +27.3% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Lindstrom, you may be able to get a good deal. 64.3% of homes here sold below asking price last month.
Summary: A total of 14 homes were sold or pending in Lindstrom in October 2024, up by 27.3% month-over-month. Of the 14 sold homes, 64% were sold under asking, 29% were sold at asking, and 7% were sold over asking.
Days on Market for Lindstrom, MN
How long does it take to sell a home in Lindstrom, MN?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 25 Days | 38 Days | +52.0% |
Summary: Homes in Lindstrom had an average of 38 days on market in Oct 2024, up by 52% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Lindstrom are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 14 homes were sold in Lindstrom; 57% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 14% of homes were sold over 90 days.
