Analytics built by: Location, Inc.
Raw data sources: American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.
Methodology: NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data
With 2,794 people, 1,509 houses or apartments, and a median cost of homes of $486,180, Landers real estate prices are well above average cost compared to national prices.
Single-family detached homes are the single most common housing type in Landers, accounting for 88.32% of the town's housing units. Other types of housing that are prevalent in Landers include mobile homes or trailers ( 8.53%), row houses and other attached homes ( 1.77%).
Dwellings in Landers tend to be quite small (one, two, or no bedrooms) and owner occupied. In fact, 69.72% of the homes in Landers have two or fewer bedrooms.
At the end of World War II, American soldiers returned home triumphant and, with the help of the GI Bill, built homes by the millions on the edges of America's cities. These homes were predominantly capes and ranches, modest in size, but built to house a growing middle-class as the 20th century became the American century. Landers's housing was primarily built during this period, from the '40s through the '60s. A full 55.19% of the town's housing hails from this era. Other housing ages represented in Landers include homes built between 1970-1999 ( 31.14%) and housing constructed between 2000 and later ( 12.11%). There's also some housing in Landers built before 1939 ( 1.55%).
A decent proportion of the Landers housing stock is seasonally occupied. That is, homes and condos in Landers are occupied by people for a portion of the year - mainly for vacation purposes - and then locked up and left unoccupied for the remainder of the year as owners return to their primary residences. This characteristic of the Landers housing market speaks to its popularity as a vacation location of choice.
In the last 10 years, Landers has experienced some of the highest home appreciation rates of any community in the nation. Landers real estate appreciated 150.95% over the last ten years, which is an average annual home appreciation rate of 9.64%, putting Landers in the top 10% nationally for real estate appreciation. If you are a home buyer or real estate investor, Landers definitely has a track record of being one of the best long term real estate investments in America through the last ten years.
NeighborhoodScout's data show that during the latest twelve months, Landers's appreciation rate, at 6.79%, has been at or slightly above the national average. In the latest quarter, Landers's appreciation rate has been 2.37%, which annualizes to a rate of 9.83%.
Relative to California, our data show that Landers's latest annual appreciation rate is higher than 60% of the other cities and towns in California.
$486,180
for California
for nation
1,509
$2,081 / per month