Is Linwood, NJ 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 November 2023

Since last year, 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.

Housing Prices in Linwood, NJ

How much do homes in Linwood, NJ cost?

Median Sold Price

$434,450

$252/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$99,450(+29.7%)

Key Takeaway

Homes in Linwood have sold for 29.7% more than they did a year ago.

Summary: The median home sold price in Linwood was $434,450 in November 2024, up 29.7% from last year, and the median price per square foot was $252.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $300K$310K
+3.3%
3 $330K$398K
+20.6%
4 $509.9K$675K
+32.4%
5+ $668K$956.2K
+43.2%

Summary: Linwood housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 3.3%, 3 bedroom homes increased by 20.6%, 4 bedroom homes increased by 32.4%, and 5+ bedroom homes increased by 43.2%.

Median Sold Price Compared To Nearby Cities

Linwood
+29.7%
Egg Harbor Township
+6.0%

Housing Supply in Linwood, NJ

How many homes are available in Linwood, NJ?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
5038-24.0%

Summary: The Linwood real estate market had 38 homes for sale in November 2024, a 24.0% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 88
0.0%
3 2419
-20.8%
4 116
-45.5%
5+ 75
-28.6%

Summary: The Linwood housing inventory by bedroom type for November 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 20.8%, 4 bedroom homes decreased by 45.5%, and 5+ bedroom homes decreased by 28.6%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
11110.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Linwood, expect to pay close to the asking price. 42.9% of homes here sold near the asking price last month.

Summary: A total of 11 homes were sold or pending in Linwood in November 2024, the same as the previous month. Of the 7 sold homes, 29% were sold under asking, 43% were sold at asking, and 29% were sold over asking.

Days on Market for Linwood, NJ

How long does it take to sell a home in Linwood, NJ?

Average Sale Time

Nov 2023Nov 2024CHANGE
146 Days67 Days-53.5%

Summary: Homes in Linwood had an average of 67 days on market in Nov 2024, down by 53.5% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

7 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Linwood has remained consistent over time.

Summary: During November 2024, 11 homes were sold in Linwood; 18% of homes were sold within 30 days, 64% of homes were sold within 30 to 90 days, and 18% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 12 Days Ago

Newest Listings in Linwood, NJ

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