$10,000
1.15 Acres
Land
KATY BOYD, Listing Office: DOWN HOME REAL ESTATE GROUP, LLC.
Is Linden, NC 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, Linden has remained a Seller's Market.
Key Takeaway
Linden is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Linden, NC
How much do homes in Linden, NC cost?
Median Sold Price
$339,900
$159/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$8,000(+2.4%)
Key Takeaway
Homes in Linden have sold for 2.4% more than they did a year ago.
Summary: The median home sold price in Linden was $339,900 in October 2024, up 2.4% from last year, and the median price per square foot was $159.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $195.7K | $149K | -23.9% |
| 3 Bedrooms | $297K | $295K | -0.7% |
| 4 Bedrooms | $366.5K | $375K | +2.3% |
| 5+ Bedrooms | $632.5K | $425K | -32.8% |
Summary: Linden housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 23.9%, 3 bedroom homes decreased by 0.7%, 4 bedroom homes increased by 2.3%, and 5+ bedroom homes decreased by 32.8%.
Median Sold Price Compared To Nearby Cities
| Carvers Creek Township | $285.5K | $304.1K | +6.5% |
| Linden | $331.9K | $339.9K | +2.4% |
Housing Supply in Linden, NC
How many homes are available in Linden, NC?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 28 | 27 | -3.6% |
Summary: The Linden real estate market had 27 homes for sale in October 2024, a 3.6% 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 | 0 | 0 | 0.0% |
| 3 Bedrooms | 10 | 11 | +10.0% |
| 4 Bedrooms | 18 | 16 | -11.1% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Linden 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 10%, 4 bedroom homes decreased by 11.1%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 3 | 9 | +200.0% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Linden, you may be able to get a good deal. 55.6% of homes here sold below asking price last month.
Summary: A total of 9 homes were sold or pending in Linden in October 2024, up by 200.0% month-over-month. Of the 9 sold homes, 56% were sold under asking, 44% were sold at asking, and 0% were sold over asking.
Days on Market for Linden, NC
How long does it take to sell a home in Linden, NC?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 91 Days | 77 Days | -15.5% |
Summary: Homes in Linden had an average of 77 days on market in Oct 2024, down by 15.5% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Linden has remained consistent over time.
Summary: During October 2024, 9 homes were sold in Linden; 33% of homes were sold within 30 days, 44% of homes were sold within 30 to 90 days, and 22% of homes were sold over 90 days.
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