Lyndon, KY
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
Lowest

Highest Appreciating Lyndon Neighborhoods Since 2000




Lyndon, KY 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

Lyndon Housing Market Information

With a population of 11,372, 5,132 total housing units (homes and apartments), and a median house value of $193,923, Lyndon real estate is some of the most expensive in Kentucky, although Lyndon home values aren't among America's most expensive.

Single-family detached homes are the single most common housing type in Lyndon, accounting for 44.69% of the city's housing units. Other types of housing that are prevalent in Lyndon include large apartment complexes or high rise apartments ( 37.51%), duplexes, homes converted to apartments or other small apartment buildings ( 10.31%), and a few row houses and other attached homes ( 7.49%).

People in Lyndon primarily live in small (one, two or no bedroom) single-family detached homes. Lyndon has a mixture of owner-occupied and renter-occupied housing.

There is a lot of housing in Lyndon 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 Lyndon built between 1940-1969 ( 30.25%). A lesser amount of the housing stock also hails from between 2000 and later ( 11.35%).

Lyndon Home Appreciation Rates

In the last 10 years, Lyndon has experienced some of the highest home appreciation rates of any community in the nation. Lyndon real estate appreciated 20.15% over the last ten years, which is an average annual home appreciation rate of 1.85%, putting Lyndon in the top 20% nationally for real estate appreciation. If you are a home buyer or real estate investor, Lyndon definitely has a track record of being one of the best long term real estate investments in America through the last ten years.

Appreciation rates are so strong in Lyndon that despite a nationwide downturn in the housing market, Lyndon real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Lyndon appreciation rates continue to be some of the highest in America, at 5.97%, which is higher than appreciation rates in 73.79% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Lyndon. Lyndon appreciation rates in the latest quarter were at 1.69%, which equates to an annual appreciation rate of 6.95%.

Importantly, this makes Lyndon one of the highest appreciating communities in the nation for the latest quarter, and may signal the city's near-future real estate investment strength.

Relative to Kentucky, our data show that Lyndon's latest annual appreciation rate is higher than 80% of the other cities and towns in Kentucky.

Average Home Values

 

Median Home Value:
$193,923

Lyndon, KY HOME PRICES

Value Range
> $1,165,000 0.8
$873,001 - $1,165,000 0.2
$582,001 - $873,000 1.2
$466,001 - $582,000 1.0
$350,001 - $466,000 8.0
$233,001 - $350,000 21.3
$117,001 - $233,000 58.1
$58,001 - $117,000 6.5
$0 - $58,000 2.9

Very High for KY
High for Nation

Value Relative to Nation Value Relative to State
33.7366694011485 10.9022556390977

Number Of Homes And Apartments:
5,132

Lyndon Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
KY*
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
47.15% 2.26% 8 6
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,138 / per month

Homeownership Rate

Homeownership
Owners 41.93
Renters 58.07
Vacant 6.69

Housing Market Details

 

Age of Homes

AGE OF Lyndon HOMES
2000 or Newer 11.3
1970 - 1999 57.7
1940 - 1969 30.3
1939 or Older 0.7

Types of Homes

TYPE OF Lyndon HOMES
Single-Family 44.7
Townhomes 7.5
Small Apt. Buildings 10.3
Apt. Complexes 37.5
Mobile Homes 0.0
Other 0.0

Home Size

SIZE OF Lyndon HOMES
No Bedroom 3.42
1 Bedroom 21.87
2 Bedrooms 29.58
3 Bedrooms 33.51
4 Bedrooms 10.09
5 or more bedrooms 1.53