Lindenwold, NJ
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
Lowest

Highest Appreciating Lindenwold Neighborhoods Since 2000




Lindenwold, NJ Real Estate Data


Lindenwold Housing Market Information

With a population of 17,458, 7,344 total housing units (homes and apartments), and a median house value of $132,010, 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 52.76% of the borough's housing units. Other types of housing that are prevalent in Lindenwold include single-family detached homes ( 31.64%), duplexes, homes converted to apartments or other small apartment buildings ( 8.53%), and a few row houses and other attached homes ( 7.07%). This particular housing mix is relatively uncommon and characteristic of boroughs that are compact and walkable, and which 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 ( 29.70%). A lesser amount of the housing stock also hails from before 1939 ( 6.72%). There's also some housing in Lindenwold built between 2000 and later ( 4.32%).

Vacant housing appears to be an issue in Lindenwold. Fully 12.34% 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 29.59% during the ten year period. In the latest quarter, NeighborhoodScout appreciation rate data shows Lindenwold home appreciation rates at 1.89%, which equates to an annual appreciation rate of 7.76%.

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 2.79%, 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 1.89%, which equates to an annual appreciation rate of 7.76%.

Relative to New Jersey, our data show that Lindenwold's latest annual appreciation rate is lower than 80% of the other cities and towns in New Jersey.

Average Home Values

 

Median Home Value:
$132,010

Lindenwold, NJ HOME PRICES

Value Range
> $982,000 0.1
$737,001 - $982,000 0.0
$491,001 - $737,000 0.5
$393,001 - $491,000 0.7
$295,001 - $393,000 1.6
$197,001 - $295,000 10.2
$98,001 - $197,000 59.9
$49,001 - $98,000 14.3
$0 - $49,000 12.7

Very Low for NJ
Average for Nation

Value Relative to Nation Value Relative to State
59.6884698717573 97.7642276422764

Number Of Homes And Apartments:
7,344

Rent & Ownership

 

Average Market Rent:
$1,173 / per month

Homeownership Rate

Homeownership
Owners 39.39
Renters 60.61
Vacant 12.34

Housing Market Details

 

Age of Homes

AGE OF Lindenwold HOMES
2000 or Newer 4.3
1970 - 1999 59.3
1940 - 1969 29.7
1939 or Older 6.7

Types of Homes

TYPE OF Lindenwold HOMES
Single-Family 31.6
Townhomes 7.1
Small Apt. Buildings 8.5
Apt. Complexes 52.8
Mobile Homes 0.0
Other 0.0

Home Size

SIZE OF Lindenwold HOMES
No Bedroom 1.74
1 Bedroom 37.43
2 Bedrooms 31.11
3 Bedrooms 22.18
4 Bedrooms 6.17
5 or more bedrooms 1.37

Lindenwold Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
NJ*
Compared To
America*
Latest Quarter:
2016 Q2 - 2016 Q3
Last 12 Months:
2015 Q4 - 2016 Q3
Last 2 Years:
2014 Q4 - 2016 Q3
Last 5 Years:
2011 Q4 - 2016 Q3
Last 10 Years:
2006 Q4 - 2016 Q3
Since 2000:
2000 Q1 - 2016 Q3
27.11% 1.42% 1 3
* 10 is highest