Is Lindenwood Township, MO a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Lindenwood Township is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, Lindenwood Township has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Lindenwood Township, MO

How much do homes in Lindenwood Township, MO cost?

Median Sold Price

$297,450

$167/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$22,450(+8.2%)

Key Takeaway

Homes in Lindenwood Township have sold for 8.2% more than they did a year ago.

Summary: The median home sold price in Lindenwood Township was $297,450 in October 2024, up 8.2% from last year, and the median price per square foot was $167.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $150K$200K
+33.3%
2 $212.5K$233K
+9.6%
3 $269.5K$277K
+2.8%
4 $430K$344.5K
-19.9%
5+ $675K$476.4K
-29.4%

Summary: Lindenwood Township housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 33.3%, 2 bedroom homes increased by 9.6%, 3 bedroom homes increased by 2.8%, 4 bedroom homes decreased by 19.9%, and 5+ bedroom homes decreased by 29.4%.

Median Sold Price Compared To Nearby Cities

Lindenwood Township
+8.2%
Frontier Township
+5.5%
Saint Charles
+4.8%
Rivers Township
+4.8%
Zumbehl Township
+1.5%

Housing Supply in Lindenwood Township, MO

How many homes are available in Lindenwood Township, MO?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
4958+18.4%

Summary: The Lindenwood Township real estate market had 58 homes for sale in October 2024, a 18.4% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 01
+100.0%
2 47
+75.0%
3 2933
+13.8%
4 1415
+7.1%
5+ 22
0.0%

Summary: The Lindenwood Township housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 75%, 3 bedroom homes increased by 13.8%, 4 bedroom homes increased by 7.1%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
1222+83.3%

Asking Price vs. Sold Price

9 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

11 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Lindenwood Township, you could pay more than the asking price. 50% of homes here sold above asking price last month.

Summary: A total of 22 homes were sold or pending in Lindenwood Township in October 2024, up by 83.3% month-over-month. Of the 22 sold homes, 41% were sold under asking, 9% were sold at asking, and 50% were sold over asking.

Days on Market for Lindenwood Township, MO

How long does it take to sell a home in Lindenwood Township, MO?

Average Sale Time

Oct 2023Oct 2024CHANGE
23 Days12 Days-49.2%

Summary: Homes in Lindenwood Township had an average of 12 days on market in Oct 2024, down by 49.2% compared to last year.

Breakdown of Home Sale Times

18 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 22 homes were sold in Lindenwood Township; 82% of homes were sold within 30 days, 18% of homes were sold within 30 to 90 days, and 0% 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 16 Days Ago

Newest Listings in Lindenwood Township, MO

Nearby Markets to Lindenwood Township, MO

What housing markets are near Lindenwood Township, MO?