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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Lindenhurst is a buyer's market

Buyer's
Market

Difference Since September 2023

At the same time last year, Lindenhurst was a Seller's Market.

Key Takeaway

Lindenhurst is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Lindenhurst, IL

How much do homes in Lindenhurst, IL cost?

Median Sold Price

$330,000

$178/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2023

+$40,000(+13.8%)

Key Takeaway

Homes in Lindenhurst have sold for 13.8% more than they did a year ago.

Summary: The median home sold price in Lindenhurst was $330,000 in September 2024, up 13.8% from last year, and the median price per square foot was $178.

Median Sold Price By Bedroom Count

# BEDSSep 2023Sep 2024CHANGE
1 --
N/A
2 $208.5K$257.5K
+23.5%
3 $282.5K$300K
+6.2%
4 $345K$395K
+14.5%
5+ $372.7K$439K
+17.8%

Summary: Lindenhurst housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 23.5%, 3 bedroom homes increased by 6.2%, 4 bedroom homes increased by 14.5%, and 5+ bedroom homes increased by 17.8%.

Median Sold Price Compared To Nearby Cities

Newport Township
+17.3%
Lindenhurst
+13.8%
Lake Villa Township
+9.1%
Lake Villa
+3.1%

Housing Supply in Lindenhurst, IL

How many homes are available in Lindenhurst, IL?

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
6981+17.4%

Summary: The Lindenhurst real estate market had 81 homes for sale in September 2024, a 17.4% increase compared to August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 01
+100.0%
2 78
+14.3%
3 3749
+32.4%
4 1819
+5.6%
5+ 74
-42.9%

Summary: The Lindenhurst housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 14.3%, 3 bedroom homes increased by 32.4%, 4 bedroom homes increased by 5.6%, and 5+ bedroom homes decreased by 42.9%.

Number of Homes Sold

Aug 2024Sep 2024CHANGE
149-35.7%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

3 Homes Were Sold
At Asking

5 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. 55.6% of homes here sold above asking price last month.

Summary: A total of 9 homes were sold or pending in Lindenhurst in September 2024, down by 35.7% month-over-month. Of the 9 sold homes, 11% were sold under asking, 33% were sold at asking, and 56% 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

Sep 2023Sep 2024CHANGE
13 Days9 Days-34.2%

Summary: Homes in Lindenhurst had an average of 9 days on market in Sep 2024, down by 34.2% compared to last year.

Breakdown of Home Sale Times

9 Homes Were Sold
Under 30 Days

0 Homes Were 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.

Summary: During September 2024, 9 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.

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

Report Updated 5 Days Ago

Newest Listings in Lindenhurst, IL

Nearby Markets to Lindenhurst, IL

What housing markets are near Lindenhurst, IL?