Lindenhurst, IL
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
Lowest

Highest Appreciating Lindenhurst Neighborhoods Since 2000




Lindenhurst, IL Real Estate Data

Source & Methodology

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.

Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q1 2017. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2015 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more

Lindenhurst Housing Market Information

With 14,408 people, 5,071 houses or apartments, and a median cost of homes of $229,173, Lindenhurst real estate prices are well above average cost compared to national prices.

Single-family detached homes are the single most common housing type in Lindenhurst, accounting for 78.51% of the village's housing units. Other types of housing that are prevalent in Lindenhurst include row houses and other attached homes ( 12.28%), large apartment complexes or high rise apartments ( 8.42%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Lindenhurst. Owner-occupied housing accounts for 85.04% of Lindenhurst's homes, and 71.57% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in Lindenhurst 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 Lindenhurst built between 2000 and later ( 15.02%). A lesser amount of the housing stock also hails from between 1940-1969 ( 12.59%).

Lindenhurst Home Appreciation Rates

Homes have actually lost value in Lindenhurst over the last then years, as home values have seen a decline of 26.26% during the ten year period. In the latest quarter, NeighborhoodScout appreciation rate data shows Lindenhurst home appreciation rates at 0.43%, which equates to an annual appreciation rate of 1.74%.

Over the last year, Lindenhurst appreciation rates have trailed the rest of the nation. In the last twelve months, Lindenhurst's appreciation rate has been 2.54%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Lindenhurst were at 0.43%, which equates to an annual appreciation rate of 1.74%.

Relative to Illinois, our data show that Lindenhurst's latest annual appreciation rate is lower than 50% of the other cities and towns in Illinois.

Average Home Values

 

Median Home Value:
$229,173

Lindenhurst, IL HOME PRICES

Value Range
> $1,089,000 0.4
$816,001 - $1,089,000 0.0
$545,001 - $816,000 1.9
$435,001 - $545,000 2.7
$327,001 - $435,000 11.7
$218,001 - $327,000 32.4
$109,001 - $218,000 45.5
$54,001 - $109,000 3.2
$0 - $54,000 2.3

Very High for IL
High for Nation

Value Relative to Nation Value Relative to State
25.9170280089066 18.7341772151899

Number Of Homes And Apartments:
5,071

Lindenhurst Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
IL*
Compared To
America*
Latest Quarter:
2016 Q4 - 2017 Q1
Last 12 Months:
2016 Q1 - 2017 Q1
Last 2 Years:
2015 Q1 - 2017 Q1
Last 5 Years:
2012 Q1 - 2017 Q1
Last 10 Years:
2007 Q1 - 2017 Q1
Since 2000:
2000 Q1 - 2017 Q1
-0.83% -0.05% 1 1
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,809 / per month

Homeownership Rate

Homeownership
Owners 85.04
Renters 14.96
Vacant 2.97

Housing Market Details

 

Age of Homes

AGE OF Lindenhurst HOMES
2000 or Newer 15.0
1970 - 1999 71.7
1940 - 1969 12.6
1939 or Older 0.7

Types of Homes

TYPE OF Lindenhurst HOMES
Single-Family 78.5
Townhomes 12.3
Small Apt. Buildings 0.6
Apt. Complexes 8.4
Mobile Homes 0.2
Other 0.0

Home Size

SIZE OF Lindenhurst HOMES
No Bedroom 1.47
1 Bedroom 3.56
2 Bedrooms 18.77
3 Bedrooms 39.17
4 Bedrooms 32.40
5 or more bedrooms 4.63