Is Lindale, GA 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, Lindale has remained a Seller's Market.
Key Takeaway
Lindale is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Lindale, GA
How much do homes in Lindale, GA cost?
Median Sold Price
$200,000
$137/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Lindale have sold for 17.7% more than they did a year ago.
Summary: The median home sold price in Lindale was $200,000 in April 2024, up 17.7% from last year, and the median price per square foot was $137.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $130.5K | $180K | +37.9% |
| 3 Bedrooms | $167.9K | $205K | +22.1% |
| 4 Bedrooms | $249.9K | $270K | +8.0% |
| 5+ Bedrooms | $197.7K | - | N/A |
Summary: Lindale 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 37.9%, 3 bedroom homes increased by 22.1%, 4 bedroom homes increased by 8%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Rome | $200K | $242K | +21.0% |
| Lindale | $169.9K | $200K | +17.7% |
| Silver Creek | $234K | $237.9K | +1.7% |
Housing Supply in Lindale, GA
How many homes are available in Lindale, GA?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 22 | 23 | +4.5% |
Summary: The Lindale real estate market had 23 homes for sale in April 2024, a 4.5% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 5 | 6 | +20.0% |
| 3 Bedrooms | 13 | 11 | -15.4% |
| 4 Bedrooms | 4 | 6 | +50.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Lindale 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 20%, 3 bedroom homes decreased by 15.4%, 4 bedroom homes increased by 50%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 4 | 10 | +150.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Lindale, expect to pay close to the asking price. 44.4% of homes here sold near the asking price last month.
Summary: A total of 10 homes were sold or pending in Lindale in April 2024, up by 150.0% month-over-month. Of the 9 sold homes, 33% were sold under asking, 44% were sold at asking, and 22% were sold over asking.
Days on Market for Lindale, GA
How long does it take to sell a home in Lindale, GA?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 33 Days | 52 Days | +58.8% |
Summary: Homes in Lindale had an average of 52 days on market in Apr 2024, up by 58.8% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Lindale are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 10 homes were sold in Lindale; 60% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.
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