Is Lindenhurst, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Lindenhurst is a buyer's market

Buyer's
Market

Difference Since November 2021

At the same time last year, Lindenhurst was a Neutral Market.

Key Takeaway

Lindenhurst is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

How much do homes in Lindenhurst, NY cost?

Median Sold Price

$544,625

$333/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2021

+$69,625(+14.7%)

Key Takeaway

Homes in Lindenhurst have sold for 14.7% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSNov 2021Nov 2022%
1 $335K$366K
+9.3%
2 $402K$433.5K
+7.8%
3 $455K$520K
+14.3%
4 $485K$565K
+16.5%
5+ $557.4K$625K
+12.1%

How many homes are available in Lindenhurst, NY?

Number of Homes For Sale

Oct 2022Nov 2022%
102103+1.0%

Homes For Sale By Bedroom Count

# BEDSOct 2022Nov 2022%
1 00
0.0%
2 45
+25.0%
3 3837
-2.6%
4 3640
+11.1%
5+ 2421
-12.5%

Number of Homes Sold

Oct 2022Nov 2022%
1812-33.3%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

7 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Lindenhurst, you could pay more than the asking price. 58.3% of homes here sold above asking price last month.

Average Sale Time

Nov 2021Nov 2022%
38 Days46 Days+20.2%

Breakdown of Home Sale Times

5 Homes Were Sold
Under 30 Days

5 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Lindenhurst are selling fast, if you're buying plan to act quickly.

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

About Lindenhurst, NY

Lindenhurst, NY has 103 homes on the market. In November 2022 in Lindenhurst, NY there were 1% more homes for sale than in October 2022. While the average time on the market in November 2022 was 46 days, the median list price was $544,625. This housing market listing prices have changed between October 2022 and November 2022: 1 bedroom properties became 9.3% more expensive, prices of 2 bedrooms properties increased by 7.8%, the cost of 3 bedrooms properties went up by 14.3%, 4 bedrooms properties prices increased by 16.5%, 5 bedrooms properties prices increased by 12.1%. Volume of homes for sale changed: the quantity of 1 bedroom homes have not changed, the quantity of 2 bedrooms homes went up by 25%, volume of 3 bedrooms homes went down by 2.6%, 4 bedrooms homes became 11.1% more available, 5 bedrooms homes inventory decreased by 12.5%. While more than 7 listings in Lindenhurst, NY in November 2022 were sold above asking price, there were more than 1 listings sold at asking price, and more than 4 were sold below.