Is Lindenhurst, NY 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, Lindenhurst was a Seller's Market.
Housing Prices in Lindenhurst, NY
How much do homes in Lindenhurst, NY cost?
Median Sold Price
$567,166
$338/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Lindenhurst was $567,166 in March 2024, up 5% from last year, and the median price per square foot was $338.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $332.5K | - | N/A |
2 Bedrooms | $440K | $463.5K | +5.3% |
3 Bedrooms | $520K | $540K | +3.8% |
4 Bedrooms | $550K | $600K | +9.1% |
5+ Bedrooms | $630K | $619.5K | -1.7% |
Summary: Lindenhurst housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 5.3%, 3 bedroom homes increased by 3.8%, 4 bedroom homes increased by 9.1%, and 5+ bedroom homes decreased by 1.7%.
Housing Supply in Lindenhurst, NY
How many homes are available in Lindenhurst, NY?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
140 | 142 | +1.4% |
Summary: The Lindenhurst real estate market had 142 homes for sale in March 2024, a 1.4% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 12 | 13 | +8.3% |
3 Bedrooms | 42 | 44 | +4.8% |
4 Bedrooms | 54 | 58 | +7.4% |
5+ Bedrooms | 31 | 26 | -16.1% |
Summary: The Lindenhurst 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 8.3%, 3 bedroom homes increased by 4.8%, 4 bedroom homes increased by 7.4%, and 5+ bedroom homes decreased by 16.1%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
22 | 20 | -9.1% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
11 Homes Were Sold
Over Asking
Summary: A total of 20 homes were sold or pending in Lindenhurst in March 2024, down by 9.1% month-over-month. Of the 20 sold homes, 35% were sold under asking, 10% were sold at asking, and 55% were sold over asking.
Days on Market for Lindenhurst, NY
How long does it take to sell a home in Lindenhurst, NY?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
69 Days | 46 Days | -32.3% |
Summary: Homes in Lindenhurst had an average of 46 days on market in Mar 2024, down by 32.3% compared to last year.
Breakdown of Home Sale Times
11 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During March 2024, 20 homes were sold in Lindenhurst; 55% of homes were sold within 30 days, 35% of homes were sold within 30 to 90 days, and 10% of homes were sold over 90 days.