Is Lindstrom, MN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, Lindstrom was a Seller's Market.
Housing Prices in Lindstrom, MN
How much do homes in Lindstrom, MN cost?
Median Sold Price
$379,470
$192/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Lindstrom was $379,470 in March 2024, up 4.8% from last year, and the median price per square foot was $192.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $240K | $275K | +14.6% |
2 Bedrooms | $340K | $314K | -7.6% |
3 Bedrooms | $347.5K | $372.9K | +7.3% |
4 Bedrooms | $399.9K | $437.5K | +9.4% |
5+ Bedrooms | $492.5K | $449.7K | -8.7% |
Summary: Lindstrom housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 14.6%, 2 bedroom homes decreased by 7.6%, 3 bedroom homes increased by 7.3%, 4 bedroom homes increased by 9.4%, and 5+ bedroom homes decreased by 8.7%.
Median Sold Price Compared To Nearby Cities
Chisago Lake Township | $445K | $575K | +29.2% |
Center City | $340.5K | $427.7K | +25.6% |
Lindstrom | $362K | $379.4K | +4.8% |
Chisago City | $436K | $430K | -1.4% |
Housing Supply in Lindstrom, MN
How many homes are available in Lindstrom, MN?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
26 | 32 | +23.1% |
Summary: The Lindstrom real estate market had 32 homes for sale in March 2024, a 23.1% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 8 | 9 | +12.5% |
3 Bedrooms | 7 | 8 | +14.3% |
4 Bedrooms | 9 | 11 | +22.2% |
5+ Bedrooms | 2 | 4 | +100.0% |
Summary: The Lindstrom housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 12.5%, 3 bedroom homes increased by 14.3%, 4 bedroom homes increased by 22.2%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
5 | 4 | -20.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
2 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 4 homes were sold or pending in Lindstrom in March 2024, down by 20.0% month-over-month. Of the 4 sold homes, 25% were sold under asking, 50% were sold at asking, and 25% were sold over asking.
Days on Market for Lindstrom, MN
How long does it take to sell a home in Lindstrom, MN?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
71 Days | 19 Days | -72.8% |
Summary: Homes in Lindstrom had an average of 19 days on market in Mar 2024, down by 72.8% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During March 2024, 4 homes were sold in Lindstrom; 75% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.