Is Lindenwood Township, MO a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Lindenwood Township has remained a Seller's Market.
Key Takeaway
Lindenwood Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Lindenwood Township, MO
How much do homes in Lindenwood Township, MO cost?
Median Sold Price
$290,000
$166/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Lindenwood Township have sold for 13.4% more than they did a year ago.
Summary: The median home sold price in Lindenwood Township was $290,000 in March 2024, up 13.4% from last year, and the median price per square foot was $166.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $150K | $142.5K | -5.0% |
| 2 Bedrooms | $205.7K | $223.5K | +8.6% |
| 3 Bedrooms | $250.5K | $275K | +9.8% |
| 4 Bedrooms | $425K | $401.2K | -5.6% |
| 5+ Bedrooms | $440K | $485K | +10.2% |
Summary: Lindenwood Township housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 5%, 2 bedroom homes increased by 8.6%, 3 bedroom homes increased by 9.8%, 4 bedroom homes decreased by 5.6%, and 5+ bedroom homes increased by 10.2%.
Median Sold Price Compared To Nearby Cities
| Lindenwood Township | $255.6K | $290K | +13.4% |
| Rivers Township | $294.9K | $325.6K | +10.4% |
| Saint Charles | $289.5K | $318.6K | +10.0% |
| Frontier Township | $289K | $305K | +5.5% |
| Zumbehl Township | $307.5K | $315K | +2.4% |
Housing Supply in Lindenwood Township, MO
How many homes are available in Lindenwood Township, MO?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 44 | 51 | +15.9% |
Summary: The Lindenwood Township real estate market had 51 homes for sale in March 2024, a 15.9% 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 | 3 | 6 | +100.0% |
| 3 Bedrooms | 25 | 28 | +12.0% |
| 4 Bedrooms | 13 | 12 | -7.7% |
| 5+ Bedrooms | 3 | 5 | +66.7% |
Summary: The Lindenwood Township 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 100%, 3 bedroom homes increased by 12%, 4 bedroom homes decreased by 7.7%, and 5+ bedroom homes increased by 66.7%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 12 | 22 | +83.3% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
12 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Lindenwood Township, you could pay more than the asking price. 54.5% of homes here sold above asking price last month.
Summary: A total of 22 homes were sold or pending in Lindenwood Township in March 2024, up by 83.3% month-over-month. Of the 22 sold homes, 41% were sold under asking, 5% were sold at asking, and 55% were sold over asking.
Days on Market for Lindenwood Township, MO
How long does it take to sell a home in Lindenwood Township, MO?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 12 Days | 17 Days | +37.5% |
Summary: Homes in Lindenwood Township had an average of 17 days on market in Mar 2024, up by 37.5% compared to last year.
Breakdown of Home Sale Times
19 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Lindenwood Township are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 22 homes were sold in Lindenwood Township; 86% of homes were sold within 30 days, 9% of homes were sold within 30 to 90 days, and 5% of homes were sold over 90 days.
Listings courtesy of Mid America Regional Information System as distributed by MLS GRID.