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 11,920, 4,240 total housing units (homes and apartments), and a median house value of $655,944, Landenberg house prices are not only among the most expensive in Pennsylvania, Landenberg real estate also is some of the most expensive in all of America.
Landenberg is a town of large, single-family homes. In fact, there is a higher proportion of four, five or more bedroom homes in Landenberg than is found in 98% of the communities in America.
Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Landenberg. Owner-occupied housing accounts for 91.96% of Landenberg's homes, and 72.56% have either three or four bedrooms, which is average sized relative to America.
There is a lot of housing in Landenberg 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 Landenberg built between 2000 and later ( 23.02%). A lesser amount of the housing stock also hails from between 1940-1969 ( 6.82%). There's also some housing in Landenberg built before 1939 ( 5.53%).
Real estate appreciation rates in Landenberg's have tracked to near the national average over the last then years, with the annual appreciation rate averaging 5.98% during the period.
Appreciation rates are so strong in Landenberg that despite a nationwide downturn in the housing market, Landenberg real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Landenberg appreciation rates continue to be some of the highest in America, at 11.30%, which is higher than appreciation rates in 92.00% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Landenberg. Landenberg appreciation rates in the latest quarter were at 1.44%, which equates to an annual appreciation rate of 5.90%.
Relative to Pennsylvania, our data show that Landenberg's latest annual appreciation rate is higher than 90% of the other cities and towns in Pennsylvania.
$655,944
for Pennsylvania
for nation
4,240
$2,380 / per month