Is Lindenhurst, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since June 2023
At the same time last year, Lindenhurst was a Buyer's Market.
Housing Prices in Lindenhurst, NY
How much do homes in Lindenhurst, NY cost?
Median Sold Price
$577,000
$341/sqft
Based on all homes sold in the last 12 months.
Difference Since June 2023
Summary: The median home sold price in Lindenhurst was $577,000 in June 2024, up 6.7% from last year, and the median price per square foot was $341.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Jun 2023 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $375K | $380K | +1.3% |
2 Bedrooms | $436.5K | $470K | +7.7% |
3 Bedrooms | $522.5K | $556K | +6.4% |
4 Bedrooms | $550K | $605K | +10.0% |
5+ Bedrooms | $611.5K | $665K | +8.7% |
Summary: Lindenhurst housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes increased by 1.3%, 2 bedroom homes increased by 7.7%, 3 bedroom homes increased by 6.4%, 4 bedroom homes increased by 10%, and 5+ bedroom homes increased by 8.7%.
Housing Supply in Lindenhurst, NY
How many homes are available in Lindenhurst, NY?
Number of Homes For Sale
May 2024 | Jun 2024 | CHANGE |
---|---|---|
176 | 173 | -1.7% |
Summary: The Lindenhurst real estate market had 173 homes for sale in June 2024, a 1.7% decrease compared to May 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | May 2024 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 1 | -50.0% |
2 Bedrooms | 15 | 13 | -13.3% |
3 Bedrooms | 62 | 57 | -8.1% |
4 Bedrooms | 64 | 67 | +4.7% |
5+ Bedrooms | 33 | 35 | +6.1% |
Summary: The Lindenhurst housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes decreased by 13.3%, 3 bedroom homes decreased by 8.1%, 4 bedroom homes increased by 4.7%, and 5+ bedroom homes increased by 6.1%.
Number of Homes Sold
May 2024 | Jun 2024 | CHANGE |
---|---|---|
31 | 25 | -19.4% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
19 Homes Were Sold
Over Asking
Summary: A total of 25 homes were sold or pending in Lindenhurst in June 2024, down by 19.4% month-over-month. Of the 25 sold homes, 20% were sold under asking, 4% were sold at asking, and 76% 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
Jun 2023 | Jun 2024 | CHANGE |
---|---|---|
39 Days | 40 Days | +3.2% |
Summary: Homes in Lindenhurst had an average of 40 days on market in Jun 2024, up by 3.2% compared to last year.
Breakdown of Home Sale Times
15 Homes Were Sold
Under 30 Days
8 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During June 2024, 25 homes were sold in Lindenhurst; 60% of homes were sold within 30 days, 32% of homes were sold within 30 to 90 days, and 8% of homes were sold over 90 days.