Is Lindenwood Township, MO a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Lindenwood Township has remained a Seller's Market.
Key Takeaway
Lindenwood Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Lindenwood Township, MO
How much do homes in Lindenwood Township, MO cost?
Median Sold Price
$299,166
$167/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Lindenwood Township have sold for 15.5% more than they did a year ago.
Summary: The median home sold price in Lindenwood Township was $299,166 in May 2024, up 15.5% from last year, and the median price per square foot was $167.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $150K | $142.5K | -5.0% |
| 2 Bedrooms | $205.7K | $225.9K | +9.8% |
| 3 Bedrooms | $252K | $275K | +9.1% |
| 4 Bedrooms | $430K | $418.9K | -2.6% |
| 5+ Bedrooms | $465K | $482.4K | +3.8% |
Summary: Lindenwood Township housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 5%, 2 bedroom homes increased by 9.8%, 3 bedroom homes increased by 9.1%, 4 bedroom homes decreased by 2.6%, and 5+ bedroom homes increased by 3.8%.
Median Sold Price Compared To Nearby Cities
| Lindenwood Township | $259K | $299.1K | +15.5% |
| Rivers Township | $298.1K | $329.9K | +10.7% |
| Saint Charles | $290.5K | $320K | +10.1% |
| Frontier Township | $286.2K | $305K | +6.5% |
| Zumbehl Township | $311.5K | $306.1K | -1.7% |
Housing Supply in Lindenwood Township, MO
How many homes are available in Lindenwood Township, MO?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 38 | 45 | +18.4% |
Summary: The Lindenwood Township real estate market had 45 homes for sale in May 2024, a 18.4% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 6 | 6 | 0.0% |
| 3 Bedrooms | 20 | 26 | +30.0% |
| 4 Bedrooms | 8 | 11 | +37.5% |
| 5+ Bedrooms | 4 | 2 | -50.0% |
Summary: The Lindenwood Township housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 30%, 4 bedroom homes increased by 37.5%, and 5+ bedroom homes decreased by 50%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 20 | 18 | -10.0% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
11 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Lindenwood Township, you could pay more than the asking price. 61.1% of homes here sold above asking price last month.
Summary: A total of 18 homes were sold or pending in Lindenwood Township in May 2024, down by 10.0% month-over-month. Of the 18 sold homes, 28% were sold under asking, 11% were sold at asking, and 61% were sold over asking.
Days on Market for Lindenwood Township, MO
How long does it take to sell a home in Lindenwood Township, MO?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 11 Days | 8 Days | -29.1% |
Summary: Homes in Lindenwood Township had an average of 8 days on market in May 2024, down by 29.1% compared to last year.
Breakdown of Home Sale Times
16 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Lindenwood Township are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 18 homes were sold in Lindenwood Township; 89% of homes were sold within 30 days, 6% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Listings courtesy of Mid America Regional Information System as distributed by MLS GRID.