Is Lindenhurst, IL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since February 2023
Since last year, Lindenhurst has remained a Seller's Market.
Housing Prices in Lindenhurst, IL
How much do homes in Lindenhurst, IL cost?
Median Sold Price
$305,250
$162/sqft
Based on all homes sold in the last 12 months.
Difference Since February 2023
Summary: The median home sold price in Lindenhurst was $305,250 in February 2024, up 11% from last year, and the median price per square foot was $162.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Feb 2023 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $191K | $220K | +15.2% |
3 Bedrooms | $256.5K | $295K | +15.0% |
4 Bedrooms | $345K | $351K | +1.7% |
5+ Bedrooms | $426.5K | $370K | -13.2% |
Summary: Lindenhurst housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 15.2%, 3 bedroom homes increased by 15%, 4 bedroom homes increased by 1.7%, and 5+ bedroom homes decreased by 13.2%.
Median Sold Price Compared To Nearby Cities
Lindenhurst | $275K | $305.2K | +11.0% |
Lake Villa Township | $285K | $310K | +8.8% |
Newport Township | $339.9K | $336.5K | -1.0% |
Lake Villa | $335K | $321.1K | -4.1% |
Housing Supply in Lindenhurst, IL
How many homes are available in Lindenhurst, IL?
Number of Homes For Sale
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
26 | 26 | 0.0% |
Summary: The Lindenhurst real estate market had 26 homes for sale in February 2024, the same as January 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Jan 2024 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 6 | 6 | 0.0% |
3 Bedrooms | 15 | 14 | -6.7% |
4 Bedrooms | 4 | 4 | 0.0% |
5+ Bedrooms | 0 | 1 | +100.0% |
Summary: The Lindenhurst housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 6.7%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
11 | 8 | -27.3% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 8 homes were sold or pending in Lindenhurst in February 2024, down by 27.3% month-over-month. Of the 8 sold homes, 38% were sold under asking, 25% were sold at asking, and 38% 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
Feb 2023 | Feb 2024 | CHANGE |
---|---|---|
7 Days | 16 Days | +123.3% |
Summary: Homes in Lindenhurst had an average of 16 days on market in Feb 2024, up by 123.3% compared to last year.
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
Summary: During February 2024, 8 homes were sold in Lindenhurst; 88% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.