$1,841 Closing Credit*
$155,000
1,228 SqFt
3 Beds
•2 Full Baths
Jesus Sandoval, Listing Office: eXp Realty
Is Linwood, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Linwood has remained a Seller's Market.
Key Takeaway
Linwood is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Linwood, NC
How much do homes in Linwood, NC cost?
Median Sold Price
$329,000
$155/sqft
Based on all homes sold in November 2024.
Difference Since Last Month
-$221,000(-40.2%)
Key Takeaway
Homes in Linwood have sold for 40.2% less than they did a month ago.
Summary: The median home sold price in Linwood was $329,000 in November 2024, down 40.2% from last month, and the median price per square foot was $155.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | $259K | N/A |
| 3 Bedrooms | $305K | $355K | +16.4% |
| 4 Bedrooms | $550K | $69K | -87.5% |
| 5+ Bedrooms | - | - | N/A |
Summary: Linwood housing prices by bedroom type for November 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 increased by 16.4%, 4 bedroom homes decreased by 87.5%, and 5+ bedroom homes did not change.
Housing Supply in Linwood, NC
How many homes are available in Linwood, NC?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 13 | 11 | -15.4% |
Summary: The Linwood real estate market had 11 homes for sale in November 2024, a 15.4% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 9 | 9 | 0.0% |
| 4 Bedrooms | 3 | 1 | -66.7% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Linwood housing inventory by bedroom type for November 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 66.7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 3 | 7 | +133.3% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
5 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Linwood, expect to pay close to the asking price. 71.4% of homes here sold near the asking price last month.
Summary: A total of 7 homes were sold or pending in Linwood in November 2024, up by 133.3% month-over-month. Of the 7 sold homes, 14% were sold under asking, 71% were sold at asking, and 14% were sold over asking.
Days on Market for Linwood, NC
How long does it take to sell a home in Linwood, NC?
Average Sale Time
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 115 Days | 24 Days | -78.8% |
Summary: Homes in Linwood had an average of 24 days on market in Nov 2024, down by 78.8% compared to last month.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Linwood are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 7 homes were sold in Linwood; 71% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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