Is Lindenhurst, NY 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, Lindenhurst has remained a Buyer's Market.
Housing Prices in Lindenhurst, NY
How much do homes in Lindenhurst, NY cost?
Median Sold Price
$570,000
$339/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Lindenhurst was $570,000 in April 2024, up 5.6% from last year, and the median price per square foot was $339.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $300K | $375K | +25.0% |
2 Bedrooms | $439.2K | $469K | +6.8% |
3 Bedrooms | $525K | $545K | +3.8% |
4 Bedrooms | $550K | $600K | +9.1% |
5+ Bedrooms | $621K | $622.5K | 0.2% |
Summary: Lindenhurst housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 25%, 2 bedroom homes increased by 6.8%, 3 bedroom homes increased by 3.8%, 4 bedroom homes increased by 9.1%, and 5+ bedroom homes increased by 0.2%.
Housing Supply in Lindenhurst, NY
How many homes are available in Lindenhurst, NY?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
141 | 162 | +14.9% |
Summary: The Lindenhurst real estate market had 162 homes for sale in April 2024, a 14.9% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 13 | 13 | 0.0% |
3 Bedrooms | 46 | 52 | +13.0% |
4 Bedrooms | 55 | 62 | +12.7% |
5+ Bedrooms | 26 | 34 | +30.8% |
Summary: The Lindenhurst 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 13%, 4 bedroom homes increased by 12.7%, and 5+ bedroom homes increased by 30.8%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
23 | 19 | -17.4% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
12 Homes Were Sold
Over Asking
Summary: A total of 19 homes were sold or pending in Lindenhurst in April 2024, down by 17.4% month-over-month. Of the 19 sold homes, 26% were sold under asking, 11% were sold at asking, and 63% 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
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
64 Days | 37 Days | -41.7% |
Summary: Homes in Lindenhurst had an average of 37 days on market in Apr 2024, down by 41.7% compared to last year.
Breakdown of Home Sale Times
12 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Summary: During April 2024, 19 homes were sold in Lindenhurst; 63% of homes were sold within 30 days, 16% of homes were sold within 30 to 90 days, and 21% of homes were sold over 90 days.