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 a population of 21,595, 9,027 total housing units (homes and apartments), and a median house value of $204,208, house prices in Lindenwold are solidly below the national average.
Large apartment complexes or high rise apartments are the single most common housing type in Lindenwold, accounting for 51.12% of the borough's housing units. Other types of housing that are prevalent in Lindenwold include single-family detached homes ( 32.85%), duplexes, homes converted to apartments or other small apartment buildings ( 8.29%), and a few row houses and other attached homes ( 7.08%). Boroughs that are predominantly high-density buildings are relatively uncommon in the US. Because of the density, these types of boroughs are often walkable and compact, and often have a lively downtown.
People in Lindenwold primarily live in small (one, two or no bedroom) units, chiefly found in large apartment complexes or high rise apartments. Lindenwold has a mixture of owner-occupied and renter-occupied housing.
There is a lot of housing in Lindenwold built from 1970 to 1999 so parts of town may have that "Brady Bunch" look of homes popular in the '70s and early '80s, although some of these houses were built up through the early '90s as well. There is also a lot of housing in Lindenwold built between 1940-1969 ( 30.26%). A lesser amount of the housing stock also hails from before 1939 ( 6.64%). There's also some housing in Lindenwold built between 2000 and later ( 3.30%).
Appreciation rates for homes in Lindenwold have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 99.05%, which ranks in the top 40% nationwide. This equates to an annual average Lindenwold house appreciation rate of 7.13%.
Appreciation rates are so strong in Lindenwold that despite a nationwide downturn in the housing market, Lindenwold real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Lindenwold appreciation rates continue to be some of the highest in America, at 10.34%, which is higher than appreciation rates in 88.80% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Lindenwold. Lindenwold appreciation rates in the latest quarter were at 1.44%, which equates to an annual appreciation rate of 5.90%.
Relative to New Jersey, our data show that Lindenwold's latest annual appreciation rate is lower than 50% of the other cities and towns in New Jersey.
One very important thing to keep in mind is that these are average appreciation rates for the borough. Individual neighborhoods within Lindenwold differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Lindenwold - or in any city or town - that have the best track record of real estate appreciation, by the latest quarter, the last year, 2 years, 5 years, 10 years, or even since 2000, to assist you in making the best Lindenwold real estate investment or home purchase decisions.
$204,208
for New jersey
for nation
9,027
$2,053 / per month