Linwood, NJ
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
Lowest

Highest Appreciating Linwood Neighborhoods Since 2000




Linwood, NJ Real Estate Data


Linwood Housing Market Information

With a population of 6,973, 2,537 total housing units (homes and apartments), and a median house value of $327,341, real estate costs in Linwood are among some of the highest in the nation, although house prices here don't compare to real estate prices in the most expensive New Jersey communities.

Single-family detached homes are the single most common housing type in Linwood, accounting for 84.32% of the city's housing units. Other types of housing that are prevalent in Linwood include large apartment complexes or high rise apartments ( 6.96%), row houses and other attached homes ( 5.41%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 3.32%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Linwood. Owner-occupied housing accounts for 84.20% of Linwood's homes, and 68.60% have either three or four bedrooms, which is average sized relative to America.

At the end of World War II, American soldiers returned home triumphant and, with the help of the GI Bill, built homes by the millions on the edges of America's cities. These homes were predominantly capes and ranches, modest in size, but built to house a growing middle-class as the 20th century became the American century. Linwood's housing was primarily built during this period, from the '40s through the '60s. A full 41.85% of the city's housing hails from this era. Other housing ages represented in Linwood include homes built between 1970-1999 ( 37.85%) and housing constructed before 1939 ( 13.48%). There's also some housing in Linwood built between 2000 and later ( 6.81%).

Linwood Home Appreciation Rates

Homes have actually lost value in Linwood over the last then years, as home values have seen a decline of 26.28% during the ten year period. In the latest quarter, NeighborhoodScout appreciation rate data shows Linwood home appreciation rates at -2.59%, which equates to an annual appreciation rate of -9.97%.

Over the last year, Linwood appreciation rates have trailed the rest of the nation. In the last twelve months, Linwood's appreciation rate has been 3.04%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Linwood were at -2.59%, which equates to an annual appreciation rate of -9.97%.

Notably, Linwood's appreciation rate in the latest quarter is one of the lowest in America.

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

Average Home Values

 

Median Home Value:
$327,341

Linwood, NJ HOME PRICES

Value Range
> $952,000 4.7
$714,001 - $952,000 4.5
$476,001 - $714,000 12.6
$381,001 - $476,000 10.8
$285,001 - $381,000 20.3
$190,001 - $285,000 26.9
$95,001 - $190,000 15.6
$48,001 - $95,000 1.7
$0 - $48,000 2.8

Average for NJ
Very High for Nation

Value Relative to Nation Value Relative to State
14.305791415354 58.5365853658537

Number Of Homes And Apartments:
2,537

Rent & Ownership

 

Average Market Rent:
$1,800 / per month

Homeownership Rate

Homeownership
Owners 84.20
Renters 15.80
Vacant 8.54

Housing Market Details

 

Age of Homes

AGE OF Linwood HOMES
2000 or Newer 6.8
1970 - 1999 37.9
1940 - 1969 41.9
1939 or Older 13.5

Types of Homes

TYPE OF Linwood HOMES
Single-Family 84.3
Townhomes 5.4
Small Apt. Buildings 3.3
Apt. Complexes 7.0
Mobile Homes 0.0
Other 0.0

Home Size

SIZE OF Linwood HOMES
No Bedroom 2.60
1 Bedroom 0.61
2 Bedrooms 16.94
3 Bedrooms 40.48
4 Bedrooms 28.12
5 or more bedrooms 11.25

Linwood 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
51.08% 2.46% 4 6
* 10 is highest