Is Lindenhurst, IL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Lindenhurst was a Seller's Market.
Housing Prices in Lindenhurst, IL
How much do homes in Lindenhurst, IL cost?
Median Sold Price
$315,000
$165/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Lindenhurst was $315,000 in April 2024, up 14.1% from last year, and the median price per square foot was $165.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $199.5K | $220K | +10.3% |
3 Bedrooms | $250K | $300K | +20.0% |
4 Bedrooms | $345K | $363.7K | +5.4% |
5+ Bedrooms | $435K | $397.7K | -8.6% |
Summary: Lindenhurst housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 10.3%, 3 bedroom homes increased by 20%, 4 bedroom homes increased by 5.4%, and 5+ bedroom homes decreased by 8.6%.
Median Sold Price Compared To Nearby Cities
Newport Township | $337.9K | $389.9K | +15.4% |
Lindenhurst | $276K | $315K | +14.1% |
Lake Villa Township | $285K | $315.1K | +10.6% |
Lake Villa | $328.7K | $325K | -1.1% |
Housing Supply in Lindenhurst, IL
How many homes are available in Lindenhurst, IL?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
31 | 58 | +87.1% |
Summary: The Lindenhurst real estate market had 58 homes for sale in April 2024, a 87.1% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 8 | 12 | +50.0% |
3 Bedrooms | 10 | 22 | +120.0% |
4 Bedrooms | 10 | 19 | +90.0% |
5+ Bedrooms | 2 | 4 | +100.0% |
Summary: The Lindenhurst housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 50%, 3 bedroom homes increased by 120%, 4 bedroom homes increased by 90%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
8 | 7 | -12.5% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
2 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Summary: A total of 7 homes were sold or pending in Lindenhurst in April 2024, down by 12.5% month-over-month. Of the 7 sold homes, 14% were sold under asking, 29% were sold at asking, and 57% were sold over asking.
Days on Market for Lindenhurst, IL
How long does it take to sell a home in Lindenhurst, IL?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
14 Days | 4 Days | -69.4% |
Summary: Homes in Lindenhurst had an average of 4 days on market in Apr 2024, down by 69.4% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 7 homes were sold in Lindenhurst; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.