Is Lindenwold, NJ 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, Lindenwold has remained a Seller's Market.
Housing Prices in Lindenwold, NJ
How much do homes in Lindenwold, NJ cost?
Median Sold Price
$240,000
$177/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Lindenwold was $240,000 in April 2024, up 7.9% from last year, and the median price per square foot was $177.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $58K | N/A |
2 Bedrooms | $160K | $185K | +15.6% |
3 Bedrooms | $236K | $240K | +1.7% |
4 Bedrooms | $243K | $285K | +17.3% |
5+ Bedrooms | $280K | $297.5K | +6.3% |
Summary: Lindenwold 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 15.6%, 3 bedroom homes increased by 1.7%, 4 bedroom homes increased by 17.3%, and 5+ bedroom homes increased by 6.3%.
Median Sold Price Compared To Nearby Cities
Stratford | $247.5K | $300K | +21.2% |
Lindenwold | $222.4K | $240K | +7.9% |
Clementon | $230K | $230K | 0.0% |
Housing Supply in Lindenwold, NJ
How many homes are available in Lindenwold, NJ?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
34 | 43 | +26.5% |
Summary: The Lindenwold real estate market had 43 homes for sale in April 2024, a 26.5% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 2 | 0.0% |
2 Bedrooms | 10 | 10 | 0.0% |
3 Bedrooms | 13 | 23 | +76.9% |
4 Bedrooms | 8 | 8 | 0.0% |
5+ Bedrooms | 1 | 0 | -100.0% |
Summary: The Lindenwold 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 76.9%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 100%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
6 | 11 | +83.3% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Summary: A total of 11 homes were sold or pending in Lindenwold in April 2024, up by 83.3% month-over-month. Of the 11 sold homes, 27% were sold under asking, 27% were sold at asking, and 45% were sold over asking.
Days on Market for Lindenwold, NJ
How long does it take to sell a home in Lindenwold, NJ?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
42 Days | 28 Days | -33.1% |
Summary: Homes in Lindenwold had an average of 28 days on market in Apr 2024, down by 33.1% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During April 2024, 11 homes were sold in Lindenwold; 73% of homes were sold within 30 days, 18% of homes were sold within 30 to 90 days, and 9% of homes were sold over 90 days.