Lindenwold, NJ
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
Lowest

Highest Appreciating Lindenwold Neighborhoods Since 2000




Lindenwold, NJ 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

Lindenwold Housing Market Information

With 17,458 people, 7,450 houses or apartments, and a median cost of homes of $112,743, 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 51.78% of the borough's housing units. Other types of housing that are prevalent in Lindenwold include single-family detached homes ( 31.22%), duplexes, homes converted to apartments or other small apartment buildings ( 9.49%), and a few row houses and other attached homes ( 7.51%). Boroughs with mostly row houses, apartments, and other high density housing types are relatively uncommon, and characteristic of compact boroughs that frequently have a downtown or other neighborhoods where amenities are within walking distance and a lot of street life can be seen.

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 ( 30.37%). A lesser amount of the housing stock also hails from before 1939 ( 5.42%). There's also some housing in Lindenwold built between 2000 and later ( 5.11%).

Vacant housing appears to be an issue in Lindenwold. Fully 13.12% of the housing stock is classified as vacant. Left unchecked, vacant Lindenwold homes and apartments can be a drag on the real estate market, holding Lindenwold real estate prices below levels they could achieve if vacant housing was absorbed into the market and became occupied. Housing vacancy rates are a useful measure to consider, along with other things, if you are a home buyer or a real estate investor.

Lindenwold Home Appreciation Rates

Homes have actually lost value in Lindenwold over the last then years, as home values have seen a decline of 32.88% during the ten year period. In the latest quarter, NeighborhoodScout appreciation rate data shows Lindenwold home appreciation rates at 0.08%, which equates to an annual appreciation rate of 0.32%.

Over the last year, Lindenwold appreciation rates have trailed the rest of the nation. In the last twelve months, Lindenwold's appreciation rate has been 1.98%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Lindenwold were at 0.08%, which equates to an annual appreciation rate of 0.32%.

Relative to New Jersey, our data show that Lindenwold's latest annual appreciation rate is lower than 60% of the other cities and towns in New Jersey.

Average Home Values

 

Median Home Value:
$112,743

Lindenwold, NJ HOME PRICES

Value Range
> $992,000 0.1
$744,001 - $992,000 0.0
$496,001 - $744,000 0.4
$397,001 - $496,000 0.2
$298,001 - $397,000 1.6
$198,001 - $298,000 5.5
$99,001 - $198,000 58.0
$50,001 - $99,000 20.2
$0 - $50,000 13.8

Very Low for NJ
Low for Nation

Value Relative to Nation Value Relative to State
69.6648306574476 97.9674796747967

Number Of Homes And Apartments:
7,450

Lindenwold Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
NJ*
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
24.10% 1.26% 1 3
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,120 / per month

Homeownership Rate

Homeownership
Owners 40.79
Renters 59.21
Vacant 13.12

Housing Market Details

 

Age of Homes

AGE OF Lindenwold HOMES
2000 or Newer 5.1
1970 - 1999 59.1
1940 - 1969 30.4
1939 or Older 5.4

Types of Homes

TYPE OF Lindenwold HOMES
Single-Family 31.2
Townhomes 7.5
Small Apt. Buildings 9.5
Apt. Complexes 51.8
Mobile Homes 0.0
Other 0.0

Home Size

SIZE OF Lindenwold HOMES
No Bedroom 1.36
1 Bedroom 35.57
2 Bedrooms 32.70
3 Bedrooms 23.03
4 Bedrooms 5.55
5 or more bedrooms 1.78