Is Linden, VA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Linden has remained a Seller's Market.
Housing Prices in Linden, VA
How much do homes in Linden, VA cost?
Median Sold Price
$400,000
$226/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Linden was $400,000 in April 2024, up 14.3% from last year, and the median price per square foot was $226.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $172.5K | - | N/A |
2 Bedrooms | $287.4K | $292K | +1.6% |
3 Bedrooms | $345K | $399.9K | +15.9% |
4 Bedrooms | $375K | $425K | +13.3% |
5+ Bedrooms | $530K | $625K | +17.9% |
Summary: Linden housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 1.6%, 3 bedroom homes increased by 15.9%, 4 bedroom homes increased by 13.3%, and 5+ bedroom homes increased by 17.9%.
Median Sold Price Compared To Nearby Cities
Happy Creek | $337.2K | $400K | +18.6% |
Linden | $349.9K | $400K | +14.3% |
Shenandoah | $349.9K | $350K | 0.0% |
Housing Supply in Linden, VA
How many homes are available in Linden, VA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
38 | 49 | +28.9% |
Summary: The Linden real estate market had 49 homes for sale in April 2024, a 28.9% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 3 | 3 | 0.0% |
3 Bedrooms | 24 | 30 | +25.0% |
4 Bedrooms | 6 | 7 | +16.7% |
5+ Bedrooms | 5 | 9 | +80.0% |
Summary: The Linden housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 25%, 4 bedroom homes increased by 16.7%, and 5+ bedroom homes increased by 80%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
5 | 11 | +120.0% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
4 Homes Were Sold
Over Asking
Summary: A total of 11 homes were sold or pending in Linden in April 2024, up by 120.0% month-over-month. Of the 11 sold homes, 55% were sold under asking, 9% were sold at asking, and 36% were sold over asking.
Days on Market for Linden, VA
How long does it take to sell a home in Linden, VA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
11 Days | 28 Days | +143.8% |
Summary: Homes in Linden had an average of 28 days on market in Apr 2024, up by 143.8% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During April 2024, 11 homes were sold in Linden; 64% of homes were sold within 30 days, 27% of homes were sold within 30 to 90 days, and 9% of homes were sold over 90 days.