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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Linden is a seller's market

Buyer's
Market

Difference Since December 2023

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

Key Takeaway

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

Housing Prices in Linden, VA

How much do homes in Linden, VA cost?

Median Sold Price

$400,000

$236/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

+$5,000(+1.3%)

Key Takeaway

Homes in Linden have sold for 1.3% more than they did a year ago.

Summary: The median home sold price in Linden was $400,000 in December 2024, up 1.3% from last year, and the median price per square foot was $236.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 $172.5K$140K
-18.8%
2 $271.9K$309K
+13.6%
3 $385K$393.5K
+2.2%
4 $425K$437.4K
+2.9%
5+ $830K$575K
-30.7%

Summary: Linden housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 18.8%, 2 bedroom homes increased by 13.6%, 3 bedroom homes increased by 2.2%, 4 bedroom homes increased by 2.9%, and 5+ bedroom homes decreased by 30.7%.

Median Sold Price Compared To Nearby Cities

Shenandoah
+9.8%
Happy Creek
+5.6%
Linden
+1.3%

Housing Supply in Linden, VA

How many homes are available in Linden, VA?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
4247+11.9%

Summary: The Linden real estate market had 47 homes for sale in December 2024, a 11.9% increase compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 01
+100.0%
2 13
+200.0%
3 2428
+16.7%
4 109
-10.0%
5+ 76
-14.3%

Summary: The Linden housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 200%, 3 bedroom homes increased by 16.7%, 4 bedroom homes decreased by 10%, and 5+ bedroom homes decreased by 14.3%.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
58+60.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

5 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Linden, expect to pay close to the asking price. 62.5% of homes here sold near the asking price last month.

Summary: A total of 8 homes were sold or pending in Linden in December 2024, up by 60.0% month-over-month. Of the 8 sold homes, 25% were sold under asking, 63% were sold at asking, and 13% 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

Dec 2023Dec 2024CHANGE
32 Days43 Days+31.4%

Summary: Homes in Linden had an average of 43 days on market in Dec 2024, up by 31.4% compared to last year.

Breakdown of Home Sale Times

5 Homes Were Sold
Under 30 Days

2 Homes Were 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 December 2024, 8 homes were sold in Linden; 63% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 13% 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 4 Days Ago

Newest Listings in Linden, VA

Nearby Markets to Linden, VA

What housing markets are near Linden, VA?