Is Lindenwood, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Lindenwood was a Seller's Market.
Housing Prices in Lindenwood, NY
How much do homes in Lindenwood, NY cost?
Median Sold Price
$266,250
$310/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Lindenwood was $266,250 in April 2024, down 4.9% from last year, and the median price per square foot was $310.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $180K | $210K | +16.7% |
2 Bedrooms | $265K | $266.2K | 0.5% |
3 Bedrooms | $425K | $340K | -20.0% |
4 Bedrooms | $790K | - | N/A |
5+ Bedrooms | $1.1M | $1.1M | -5.3% |
Summary: Lindenwood housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 16.7%, 2 bedroom homes increased by 0.5%, 3 bedroom homes decreased by 20%, 4 bedroom homes did not change, and 5+ bedroom homes decreased by 5.3%.
Median Sold Price Compared To Nearby Neighborhoods
Howard Beach | $717.5K | $722.5K | +0.7% |
Southwestern Queens | $715K | $694.2K | -2.9% |
Ozone Park | $760K | $725K | -4.6% |
Lindenwood | $280K | $266.2K | -4.9% |
Housing Supply in Lindenwood, NY
How many homes are available in Lindenwood, NY?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
48 | 55 | +14.6% |
Summary: The Lindenwood real estate market had 55 homes for sale in April 2024, a 14.6% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 18 | 20 | +11.1% |
2 Bedrooms | 19 | 20 | +5.3% |
3 Bedrooms | 5 | 8 | +60.0% |
4 Bedrooms | 0 | 0 | 0.0% |
5+ Bedrooms | 6 | 7 | +16.7% |
Summary: The Lindenwood housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 11.1%, 2 bedroom homes increased by 5.3%, 3 bedroom homes increased by 60%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 16.7%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
4 | 5 | +25.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 5 homes were sold or pending in Lindenwood in April 2024, up by 25.0% month-over-month. Of the 5 sold homes, 80% were sold under asking, 20% were sold at asking, and 0% were sold over asking.
Days on Market for Lindenwood, NY
How long does it take to sell a home in Lindenwood, NY?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
128 Days | 62 Days | -51.0% |
Summary: Homes in Lindenwood had an average of 62 days on market in Apr 2024, down by 51% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During April 2024, 5 homes were sold in Lindenwood; 20% of homes were sold within 30 days, 60% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.