Is Linden, VA 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 November 2023

At the same time last year, Linden was a Seller'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, VA

How much do homes in Linden, VA cost?

Median Sold Price

$400,000

$228/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$20,000(+5.3%)

Key Takeaway

Homes in Linden have sold for 5.3% more than they did a year ago.

Summary: The median home sold price in Linden was $400,000 in November 2024, up 5.3% from last year, and the median price per square foot was $228.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $172.5K$140K
-18.8%
2 $279.5K$304.5K
+8.9%
3 $379.9K$398K
+4.8%
4 $430K$435K
+1.2%
5+ $830K$575K
-30.7%

Summary: Linden housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 18.8%, 2 bedroom homes increased by 8.9%, 3 bedroom homes increased by 4.8%, 4 bedroom homes increased by 1.2%, and 5+ bedroom homes decreased by 30.7%.

Median Sold Price Compared To Nearby Cities

Shenandoah
+7.5%
Linden
+5.3%
Happy Creek
+5.1%

Housing Supply in Linden, VA

How many homes are available in Linden, VA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
5544-20.0%

Summary: The Linden real estate market had 44 homes for sale in November 2024, a 20.0% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 11
0.0%
3 3526
-25.7%
4 1211
-8.3%
5+ 76
-14.3%

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 remained the same, 3 bedroom homes decreased by 25.7%, 4 bedroom homes decreased by 8.3%, and 5+ bedroom homes decreased by 14.3%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
165-68.8%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Linden, you could pay more than the asking price. 60% of homes here sold above asking price last month.

Summary: A total of 5 homes were sold or pending in Linden in November 2024, down by 68.8% month-over-month. Of the 5 sold homes, 0% were sold under asking, 40% were sold at asking, and 60% were sold over asking.

Days on Market for Linden, VA

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

Average Sale Time

Nov 2023Nov 2024CHANGE
42 Days41 Days-2.3%

Summary: Homes in Linden had an average of 41 days on market in Nov 2024, down by 2.3% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 5 homes were sold in Linden; 60% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 20% 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 2 Days Ago

Newest Listings in Linden, VA

Nearby Markets to Linden, VA

What housing markets are near Linden, VA?