Lynwood Real Estate Market & Area Information Stacy Pearson, September 7, 2023 Lynwood Median Listing Price Lynwood, CA is experiencing a booming real estate market, with a median listing home price of $650K in July 2023, showing a 1.6% increase from the previous year. With an average price per square foot of $454 and a median home sold price of $600K, Lynwood is a seller’s market with high demand. Families are drawn to Lynwood for its excellent public schools and abundant amenities, including grocery stores, cafes, and restaurants. Rental properties are also available, ranging from $1.6K to $4.2K per month. Real Estate Highlights in Lynwood, CA The median listing home price in Lynwood, CA was $650K in July 2023, showing a 1.6% year-over-year increase. This data indicates that the housing market in Lynwood is experiencing steady growth. The median listing home price per square foot was $454, which provides insight into the affordability and value of properties in the area. Additionally, the median home sold price was $600K, indicating that homes in Lynwood are being sold close to their asking prices. The sale-to-list price ratio in Lynwood was 99.68%, further highlighting the strong demand for homes in the market. Overall, Lynwood, CA is a thriving real estate market with positive market trends and attractive median home prices. Lynwood, CA Housing Market Overview Demand for available homes in July 2023 in Lynwood, CA indicates a seller’s market with higher demand than supply. The median listing home price in Lynwood, CA was $650K, showing a 1.6% year-over-year increase. The median listing home price per square foot was $454, while the median home sold price was $600K. The sale-to-list price ratio in Lynwood, CA stood at 99.68%, with homes selling for approximately the asking price on average. The average days on the market for homes in Lynwood, CA is 22 days, and the median days on the market have decreased since last month and slightly since last year. The Lynwood, CA housing market is characterized by good and higher-rated public schools, contributing to its appeal. Looking ahead, Lynwood, CA housing market trends suggest a continued demand for homes in this thriving real estate market. Excellent Amenities in Lynwood, CA Numerous grocery stores, cafes, and restaurants can be found in the vibrant city of Lynwood, offering residents a wide range of options for their shopping and dining needs. Lynwood, CA is the perfect place to call home and enjoy top-notch facilities. The city boasts several highly-reviewed grocery stores, including Chapinlandia Market and Juanita’s Tortilleria. These stores provide residents with fresh produce, a variety of food products, and excellent customer service. In addition to grocery stores, Lynwood also has a variety of coffee shops and restaurants, catering to different tastes and preferences. Whether residents are looking for a cozy cafe to enjoy a cup of coffee or a fine dining experience, Lynwood has it all. With its abundance of amenities, Lynwood, CA truly offers an exceptional living experience for its residents. Rental Properties in Lynwood, CA Residents in Lynwood, CA have a range of rental properties available, offering a variety of housing options for those looking to rent. Rental prices in Lynwood, CA range from $1.6K to $4.2K per month, making it a fairly affordable option for renters. Popular neighborhoods in Lynwood, CA include areas like Long Beach and South Gate, which also have properties available for rent. With a thriving real estate market, Lynwood offers a diverse selection of rental properties to cater to different budgets and preferences. Whether you’re looking for a cozy apartment or a spacious house, Lynwood has options to suit your needs. These rental properties provide residents with the opportunity to enjoy the excellent amenities and convenient access to grocery stores, cafes, restaurants, and more that Lynwood has to offer. Latest Listings in Lynwood, CA The latest listings in Lynwood, CA showcase a diverse selection of rental properties to suit different budgets and preferences. With prices ranging from $1.6K to $4.2K per month, there are options available for various housing needs. Lynwood’s real estate market is thriving, with a median listing home price of $1.5M. It is a seller’s market, indicating high demand for homes in the area. The community of Lynwood also offers excellent amenities, including grocery stores, cafes, and restaurants. Additionally, upcoming developments will provide even more options, such as parks and gyms. Residents of Lynwood can also enjoy a variety of community events, making it a vibrant and engaging place to live. Explore the latest listings in Lynwood, CA and discover the perfect rental property for you. Lynwood, CA Real Estate Market Statistics Upcoming developments in Lynwood, CA will provide even more options for residents, including parks and gyms. The Lynwood, CA real estate market has been experiencing positive trends in recent years. In July 2023, the median listing home price was $650,000, showing a 1.6% increase compared to the previous year. The median listing home price per square foot was $454, while the median home sold price was $600,000. This indicates that homes in Lynwood, CA are selling for close to the asking price, with a sale-to-list price ratio of 99.68%. The housing market in Lynwood, CA is currently a seller’s market, with higher demand than available homes. The average days on the market for homes is 22 days, and the median days on the market has decreased since last month and slightly since last year. Additionally, Lynwood, CA boasts top-rated public schools, according to GreatSchools. These schools are highly regarded based on indicators such as test scores, college readiness, and equity data. With a thriving real estate market and excellent amenities, Lynwood, CA continues to be an attractive place to live. Nearby Areas With Real Estate Opportunities Dozens of grocery stores, cafes, and restaurants can be found in the nearby areas of Lynwood, CA. These amenities make the area attractive for residents and visitors alike. However, there are also upcoming developments that present investment opportunities for those interested in the real estate market. With the thriving economy and increasing demand for housing, investing in properties in Lynwood and its surrounding areas can be a profitable venture. The median listing home price in Lynwood is $650K, with a sale-to-list price ratio of 99.68%. Additionally, Lynwood has good and higher-rated public schools, making it an ideal location for families. As the area continues to grow and develop, the potential for investment opportunities in real estate is promising. Blogging