$4,026 Closing Credit*
$339,000
1,047 SqFt
2 Beds
•2 Full Baths
Listing Office: BALSLEY/LOSCO
Is Linwood, NJ a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Linwood was a Buyer'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, NJ
How much do homes in Linwood, NJ cost?
Median Sold Price
$429,900
$240/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$80,000(+22.9%)
Key Takeaway
Homes in Linwood have sold for 22.9% more than they did a year ago.
Summary: The median home sold price in Linwood was $429,900 in October 2024, up 22.9% from last year, and the median price per square foot was $240.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $312K | $310K | -0.6% |
| 3 Bedrooms | $300K | $389K | +29.7% |
| 4 Bedrooms | $508.7K | $689.9K | +35.6% |
| 5+ Bedrooms | $668K | $956.2K | +43.2% |
Summary: Linwood 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 0.6%, 3 bedroom homes increased by 29.7%, 4 bedroom homes increased by 35.6%, and 5+ bedroom homes increased by 43.2%.
Median Sold Price Compared To Nearby Cities
| Linwood | $349.9K | $429.9K | +22.9% |
| Egg Harbor Township | $315.9K | $345K | +9.2% |
| Somers Point | $427.4K | $417K | -2.4% |
Housing Supply in Linwood, NJ
How many homes are available in Linwood, NJ?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 51 | 47 | -7.8% |
Summary: The Linwood real estate market had 47 homes for sale in October 2024, a 7.8% 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 | 8 | 6 | -25.0% |
| 3 Bedrooms | 20 | 23 | +15.0% |
| 4 Bedrooms | 12 | 10 | -16.7% |
| 5+ Bedrooms | 11 | 8 | -27.3% |
Summary: The Linwood 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 decreased by 25%, 3 bedroom homes increased by 15%, 4 bedroom homes decreased by 16.7%, and 5+ bedroom homes decreased by 27.3%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 12 | 11 | -8.3% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Linwood, you may be able to get a good deal. 80% of homes here sold below asking price last month.
Summary: A total of 11 homes were sold or pending in Linwood in October 2024, down by 8.3% month-over-month. Of the 10 sold homes, 80% were sold under asking, 10% were sold at asking, and 10% were sold over asking.
Days on Market for Linwood, NJ
How long does it take to sell a home in Linwood, NJ?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 58 Days | 45 Days | -21.8% |
Summary: Homes in Linwood had an average of 45 days on market in Oct 2024, down by 21.8% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
3 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 October 2024, 11 homes were sold in Linwood; 55% of homes were sold within 30 days, 18% of homes were sold within 30 to 90 days, and 27% of homes were sold over 90 days.
Disclaimer: The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the South Jersey Shore Regional (SJSR) MLS. Real estate listings held by brokerage firms are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. © 2024 SJSR MLS. All rights reserved. 
Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement. 
The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Monmouth/Ocean MLS Monmouth County Association Board of Realtors. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by other brokerage firms are indicated by detailed information about them such as the name of the listing firms. Information deemed reliable but not guaranteed. Copyright © 2024 Monmouth/Ocean MLS Monmouth County Association Board of Realtors. All Rights Reserved.