Is Lynden, WA 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, Lynden has remained a Seller's Market.
Housing Prices in Lynden, WA
How much do homes in Lynden, WA cost?
Median Sold Price
$606,250
$315/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Lynden was $606,250 in April 2024, up 7.3% from last year, and the median price per square foot was $315.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $235K | $227.5K | -3.2% |
2 Bedrooms | $392.5K | $420K | +7.0% |
3 Bedrooms | $542.5K | $570.4K | +5.2% |
4 Bedrooms | $705K | $710K | +0.7% |
5+ Bedrooms | $814K | $930K | +14.3% |
Summary: Lynden housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 3.2%, 2 bedroom homes increased by 7%, 3 bedroom homes increased by 5.2%, 4 bedroom homes increased by 0.7%, and 5+ bedroom homes increased by 14.3%.
Housing Supply in Lynden, WA
How many homes are available in Lynden, WA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
88 | 86 | -2.3% |
Summary: The Lynden real estate market had 86 homes for sale in April 2024, a 2.3% decrease compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 2 | +100.0% |
2 Bedrooms | 16 | 16 | 0.0% |
3 Bedrooms | 41 | 38 | -7.3% |
4 Bedrooms | 24 | 22 | -8.3% |
5+ Bedrooms | 6 | 8 | +33.3% |
Summary: The Lynden housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 7.3%, 4 bedroom homes decreased by 8.3%, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
26 | 21 | -19.2% |
Asking Price vs. Sold Price
11 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Summary: A total of 21 homes were sold or pending in Lynden in April 2024, down by 19.2% month-over-month. Of the 21 sold homes, 52% were sold under asking, 29% were sold at asking, and 19% 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
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
55 Days | 45 Days | -18.3% |
Summary: Homes in Lynden had an average of 45 days on market in Apr 2024, down by 18.3% compared to last year.
Breakdown of Home Sale Times
11 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During April 2024, 21 homes were sold in Lynden; 52% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 14% of homes were sold over 90 days.