Is Lindenwold, NJ a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Lindenwold is a seller's market

Buyer's
Market

Difference Since November 2023

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

Key Takeaway

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

Housing Prices in Lindenwold, NJ

How much do homes in Lindenwold, NJ cost?

Median Sold Price

$237,625

$172/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$1,125(+0.5%)

Key Takeaway

The sold price of homes in Lindenwold has remained the same since last year.

Summary: The median home sold price in Lindenwold was $237,625 in November 2024, up 0.5% from last year, and the median price per square foot was $172.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 -$160.7K
N/A
2 $178.7K$177.5K
-0.7%
3 $236.5K$257.5K
+8.9%
4 $280K$283K
+1.1%
5+ $297.5K$305K
+2.5%

Summary: Lindenwold housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 0.7%, 3 bedroom homes increased by 8.9%, 4 bedroom homes increased by 1.1%, and 5+ bedroom homes increased by 2.5%.

Median Sold Price Compared To Nearby Cities

Stratford
+29.0%
Gibbsboro
+19.7%
Clementon
+19.6%
Lindenwold
0.5%

Housing Supply in Lindenwold, NJ

How many homes are available in Lindenwold, NJ?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
3842+10.5%

Summary: The Lindenwold real estate market had 42 homes for sale in November 2024, a 10.5% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 118
-27.3%
3 1925
+31.6%
4 77
0.0%
5+ 12
+100.0%

Summary: The Lindenwold 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 decreased by 27.3%, 3 bedroom homes increased by 31.6%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
1011+10.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

7 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Lindenwold, you could pay more than the asking price. 63.6% of homes here sold above asking price last month.

Summary: A total of 11 homes were sold or pending in Lindenwold in November 2024, up by 10.0% month-over-month. Of the 11 sold homes, 18% were sold under asking, 18% were sold at asking, and 64% were sold over asking.

Days on Market for Lindenwold, NJ

How long does it take to sell a home in Lindenwold, NJ?

Average Sale Time

Nov 2023Nov 2024CHANGE
22 Days29 Days+32.0%

Summary: Homes in Lindenwold had an average of 29 days on market in Nov 2024, up by 32% compared to last year.

Breakdown of Home Sale Times

7 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 11 homes were sold in Lindenwold; 64% of homes were sold within 30 days, 27% of homes were sold within 30 to 90 days, and 9% 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 21 Days Ago

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