Is Linwood, MI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Linwood is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Linwood has remained a Seller's Market.

Key Takeaway

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

How much do homes in Linwood, MI cost?

Median Sold Price

$354,500

$143/sqft

Based on all homes sold in August 2022.

Difference Since Last Month

+$181,500(+104.9%)

Key Takeaway

Homes in Linwood have sold for 104.9% more than they did a month ago.

Median Sold Price By Bedroom Count

# BEDSJul 2022Aug 2022%
1 --
N/A
2 --
N/A
3 $173K$175K
+1.2%
4 -$534K
N/A
5+ --
N/A

Median Sold Price Compared To Nearby Cities

Linwood
+104.9%
Fraser Township
-54.9%

How many homes are available in Linwood, MI?

Number of Homes For Sale

Jul 2022Aug 2022%
1210-16.7%

Homes For Sale By Bedroom Count

# BEDSJul 2022Aug 2022%
1 22
0.0%
2 00
0.0%
3 75
-28.6%
4 22
0.0%
5+ 11
0.0%

Number of Homes Sold

Jul 2022Aug 2022%
32-33.3%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Linwood, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Average Sale Time

Jul 2022Aug 2022%
7 Days28 Days+300.0%

Breakdown of Home Sale Times

1 Home Was 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 Linwood 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 Linwood, MI

Linwood, MI has 10 homes for sale to choose from. The number of listings in Linwood, MI decreased by 16.7% between July 2022 and August 2022. Listings spent 28 days on the market in August 2022, and had a median list price of $354,500 during the same period. Listing prices have changed in this real estate market between August 2021 and August 2022: prices of 1 bedroom properties went up by 0%, 2 bedrooms properties became 0% more expensive, 3 bedrooms properties prices increased by 1.2%, prices of 4 bedrooms properties went up by 0%, prices of 5 bedrooms properties went up by 0%. This housing market inventory have changed: 1 bedroom homes did not move, 2 bedrooms homes did not move, 3 bedrooms homes became 28.6% less available, 4 bedrooms homes inventory did not change, 5 bedrooms homes inventory did not change. In August 2022, from all listings sold in Linwood, MI there were more than 1 sold above asking price, over 1 sold below and more than 0 were sold right at the asked price.

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