Is Linden Hills, MN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Linden Hills was a Seller's Market.
Housing Prices in Linden Hills, MN
How much do homes in Linden Hills, MN cost?
Median Sold Price
$635,000
$320/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Linden Hills was $635,000 in April 2024, down 6.2% from last year, and the median price per square foot was $320.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $218K | $210K | -3.7% |
2 Bedrooms | $382.7K | $390K | +1.9% |
3 Bedrooms | $589.5K | $616K | +4.5% |
4 Bedrooms | $822.4K | $819K | -0.4% |
5+ Bedrooms | $1.2M | $1.3M | +11.7% |
Summary: Linden Hills housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 3.7%, 2 bedroom homes increased by 1.9%, 3 bedroom homes increased by 4.5%, 4 bedroom homes decreased by 0.4%, and 5+ bedroom homes increased by 11.7%.
Median Sold Price Compared To Nearby Neighborhoods
Linden Hills | $677K | $635K | -6.2% |
East Harriet | $471.2K | $371K | -21.3% |
Housing Supply in Linden Hills, MN
How many homes are available in Linden Hills, MN?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
41 | 54 | +31.7% |
Summary: The Linden Hills real estate market had 54 homes for sale in April 2024, a 31.7% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 4 | 5 | +25.0% |
2 Bedrooms | 3 | 6 | +100.0% |
3 Bedrooms | 11 | 12 | +9.1% |
4 Bedrooms | 9 | 14 | +55.6% |
5+ Bedrooms | 14 | 17 | +21.4% |
Summary: The Linden Hills housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 25%, 2 bedroom homes increased by 100%, 3 bedroom homes increased by 9.1%, 4 bedroom homes increased by 55.6%, and 5+ bedroom homes increased by 21.4%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
9 | 6 | -33.3% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 6 homes were sold or pending in Linden Hills in April 2024, down by 33.3% month-over-month. Of the 6 sold homes, 67% were sold under asking, 0% were sold at asking, and 33% were sold over asking.
Days on Market for Linden Hills, MN
How long does it take to sell a home in Linden Hills, MN?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
23 Days | 41 Days | +72.7% |
Summary: Homes in Linden Hills had an average of 41 days on market in Apr 2024, up by 72.7% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During April 2024, 6 homes were sold in Linden Hills; 50% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.