$8,301 Closing Credit*
$699,000
3,403 SqFt
5 Beds
•2 Full Baths, 1 Partial
Joan Vander Giessen, Listing Office: Windermere Real Estate Whatcom
Is Lynden, WA 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, Lynden was a Seller's Market.
Key Takeaway
Lynden is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Lynden, WA
How much do homes in Lynden, WA cost?
Median Sold Price
$625,416
$321/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$35,916(+6.1%)
Key Takeaway
Homes in Lynden have sold for 6.1% more than they did a year ago.
Summary: The median home sold price in Lynden was $625,416 in October 2024, up 6.1% from last year, and the median price per square foot was $321.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $245K | $210K | -14.3% |
| 2 Bedrooms | $425K | $427.5K | +0.6% |
| 3 Bedrooms | $547K | $600K | +9.7% |
| 4 Bedrooms | $724.5K | $718.5K | -0.8% |
| 5+ Bedrooms | $807K | $965K | +19.6% |
Summary: Lynden housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 14.3%, 2 bedroom homes increased by 0.6%, 3 bedroom homes increased by 9.7%, 4 bedroom homes decreased by 0.8%, and 5+ bedroom homes increased by 19.6%.
Housing Supply in Lynden, WA
How many homes are available in Lynden, WA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 87 | 91 | +4.6% |
Summary: The Lynden real estate market had 91 homes for sale in October 2024, a 4.6% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 5 | +66.7% |
| 2 Bedrooms | 20 | 15 | -25.0% |
| 3 Bedrooms | 32 | 43 | +34.4% |
| 4 Bedrooms | 27 | 23 | -14.8% |
| 5+ Bedrooms | 5 | 5 | 0.0% |
Summary: The Lynden housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 66.7%, 2 bedroom homes decreased by 25%, 3 bedroom homes increased by 34.4%, 4 bedroom homes decreased by 14.8%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 21 | 6 | -71.4% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Lynden, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 6 homes were sold or pending in Lynden in October 2024, down by 71.4% month-over-month. Of the 6 sold homes, 50% were sold under asking, 33% were sold at asking, and 17% were sold over asking.
Days on Market for Lynden, WA
How long does it take to sell a home in Lynden, WA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 25 Days | 31 Days | +20.8% |
Summary: Homes in Lynden had an average of 31 days on market in Oct 2024, up by 20.8% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Lynden are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 6 homes were sold in Lynden; 67% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.
Listings courtesy of Northwest Multiple Listing Service as distributed by MLS GRID.
The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Northwest MLS IDX. Real estate listings held by other brokerage firms are marked with the green "three trees" logo and includes the name of the listing broker(s). Copyright © 2024 Northwest MLS. All rights reserved.