Is Linden, TN a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Linden is a buyer's market

Buyer's
Market

Difference Since Last Month

Since last month, Linden has remained a Buyer's Market.

Key Takeaway

Linden is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Linden, TN

How much do homes in Linden, TN cost?

Median Sold Price

$150,000

$57/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

-$335,000(-69.1%)

Key Takeaway

Homes in Linden have sold for 69.1% less than they did a month ago.

Summary: The median home sold price in Linden was $150,000 in November 2024, down 69.1% from last month, and the median price per square foot was $57.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 --
N/A
3 $485K-
N/A
4 -$150K
N/A
5+ --
N/A

Summary: Linden 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 did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Linden, TN

How many homes are available in Linden, TN?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
2022+10.0%

Summary: The Linden real estate market had 22 homes for sale in November 2024, a 10.0% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 22
0.0%
2 34
+33.3%
3 1011
+10.0%
4 44
0.0%
5+ 11
0.0%

Summary: The Linden 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 increased by 33.3%, 3 bedroom homes increased by 10%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
110.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Linden, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in Linden in November 2024, the same as the previous month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Linden, TN

How long does it take to sell a home in Linden, TN?

Average Sale Time

Oct 2024Nov 2024CHANGE
53 Days166 Days+213.2%

Summary: Homes in Linden had an average of 166 days on market in Nov 2024, up by 213.2% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Linden are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During November 2024, 1 homes were sold in Linden; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% 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 18 Days Ago

Newest Listings in Linden, TN

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