Is Lindenhurst, IL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Lindenhurst is a seller's market

Buyer's
Market

Difference Since November 2021

Since last year, Lindenhurst has remained a Seller's Market.

Key Takeaway

Lindenhurst is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in Lindenhurst, IL cost?

Median Sold Price

$270,000

$144/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2021

+$19,850(+7.9%)

Key Takeaway

Homes in Lindenhurst have sold for 7.9% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSNov 2021Nov 2022%
1 --
N/A
2 $169K$185K
+9.5%
3 $235K$255K
+8.5%
4 $320K$329.5K
+3.0%
5+ $405K$431K
+6.4%

Median Sold Price Compared To Nearby Cities

Newport Township
+10.8%
Lake Villa Township
+8.1%
Lake Villa
+8.1%
Lindenhurst
+7.9%

How many homes are available in Lindenhurst, IL?

Number of Homes For Sale

Oct 2022Nov 2022%
4635-23.9%

Homes For Sale By Bedroom Count

# BEDSOct 2022Nov 2022%
1 00
0.0%
2 136
-53.8%
3 1714
-17.6%
4 1512
-20.0%
5+ 13
+200.0%

Number of Homes Sold

Oct 2022Nov 2022%
218-61.9%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Lindenhurst, you could pay more than the asking price. 50% of homes here sold above asking price last month.

Average Sale Time

Nov 2021Nov 2022%
17 Days12 Days-28.6%

Breakdown of Home Sale Times

7 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Lindenhurst are selling fast, if you're buying plan to act quickly.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

About Lindenhurst, IL

Homes for sale in Lindenhurst, IL have reached 35. The inventory of homes for sale in Lindenhurst, IL between October 2022 and November 2022 decreased by 23.9%. In November 2022, listings were on the market for 12 days. During the same period, the median list price in this real estate market was $270,000. From October 2022 through November 2022, the following changes in listing prices were observed in this housing market: 1 bedroom properties prices increased by 0%, 2 bedrooms properties prices increased by 9.5%, prices of 3 bedrooms properties went up by 8.5%, the cost of 4 bedrooms properties went up by 3%, prices of 5 bedrooms properties went up by 6.4%. This housing market inventory have changed: volume of 1 bedroom homes stayed the same, the quantity of 2 bedrooms homes went down by 53.8%, volume of 3 bedrooms homes went down by 17.6%, volume of 4 bedrooms homes went down by 20%, 5 bedrooms homes inventory increased by 200%. Lindenhurst, IL housing market in November 2022 saw over 4 listings sold above listed price, more than 2 sold at listed price and over 2 sold below.

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