Is Linwood, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Linwood has remained a Seller's Market.
Housing Prices in Linwood, NC
How much do homes in Linwood, NC cost?
Median Sold Price
$265,000
$152/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Linwood was $265,000 in April 2024, up 10.4% from last year, and the median price per square foot was $152.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $141.5K | N/A |
2 Bedrooms | $132K | $150.3K | +13.9% |
3 Bedrooms | $251.2K | $265K | +5.5% |
4 Bedrooms | $1.3M | $272.9K | -79.0% |
5+ Bedrooms | $1.2M | - | N/A |
Summary: Linwood 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 13.9%, 3 bedroom homes increased by 5.5%, 4 bedroom homes decreased by 79%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
Franklin Township | $260.6K | $300K | +15.1% |
Spencer | $212K | $240K | +13.2% |
Linwood | $240K | $265K | +10.4% |
Tyro Township | $279.4K | $281.9K | +0.9% |
Boone Township | $285K | $280K | -1.8% |
Housing Supply in Linwood, NC
How many homes are available in Linwood, NC?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
11 | 11 | 0.0% |
Summary: The Linwood real estate market had 11 homes for sale in April 2024, the same as March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 3 | 1 | -66.7% |
3 Bedrooms | 7 | 9 | +28.6% |
4 Bedrooms | 1 | 1 | 0.0% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Linwood 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 decreased by 66.7%, 3 bedroom homes increased by 28.6%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
5 | 3 | -40.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 3 homes were sold or pending in Linwood in April 2024, down by 40.0% month-over-month. Of the 3 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Linwood, NC
How long does it take to sell a home in Linwood, NC?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
9 Days | 72 Days | +682.0% |
Summary: Homes in Linwood had an average of 72 days on market in Apr 2024, up by 682% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During April 2024, 3 homes were sold in Linwood; 67% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.