Linwood, NJ
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
Lowest

Highest Appreciating Linwood Neighborhoods Since 2000




Linwood, 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

Linwood Housing Market Information

With 6,973 people, 2,572 houses or apartments, and a median cost of homes of $261,289, Linwood real estate prices are well above average cost compared to national prices.

Single-family detached homes are the single most common housing type in Linwood, accounting for 84.34% of the city's housing units. Other types of housing that are prevalent in Linwood include large apartment complexes or high rise apartments ( 6.53%), row houses and other attached homes ( 4.80%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 4.33%).

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 81.69% of Linwood's homes, and 70.59% 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 42.44% of the city's housing hails from this era. Other housing ages represented in Linwood include homes built between 1970-1999 ( 35.51%) and housing constructed before 1939 ( 13.46%). There's also some housing in Linwood built between 2000 and later ( 8.59%).

Linwood Home Appreciation Rates

Homes have actually lost value in Linwood over the last then years, as home values have seen a decline of 29.08% during the ten year period. In the latest quarter, NeighborhoodScout appreciation rate data shows Linwood home appreciation rates at -5.44%, which equates to an annual appreciation rate of -20.04%.

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 -2.89%, 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 -5.44%, which equates to an annual appreciation rate of -20.04%.

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 90% of the other cities and towns in New Jersey.

Average Home Values

 

Median Home Value:
$261,289

Linwood, NJ HOME PRICES

Value Range
> $924,000 5.0
$693,001 - $924,000 4.5
$462,001 - $693,000 11.7
$369,001 - $462,000 7.8
$277,001 - $369,000 21.6
$185,001 - $277,000 28.4
$92,001 - $185,000 15.7
$46,001 - $92,000 1.8
$0 - $46,000 3.5

Low for NJ
High for Nation

Value Relative to Nation Value Relative to State
20.8484706433845 75.0

Number Of Homes And Apartments:
2,572

Linwood 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
43.24% 2.10% 3 5
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$2,096 / per month

Homeownership Rate

Homeownership
Owners 81.69
Renters 18.31
Vacant 7.18

Housing Market Details

 

Age of Homes

AGE OF Linwood HOMES
2000 or Newer 8.6
1970 - 1999 35.5
1940 - 1969 42.4
1939 or Older 13.5

Types of Homes

TYPE OF Linwood HOMES
Single-Family 84.3
Townhomes 4.8
Small Apt. Buildings 4.3
Apt. Complexes 6.5
Mobile Homes 0.0
Other 0.0

Home Size

SIZE OF Linwood HOMES
No Bedroom 3.72
1 Bedroom 0.54
2 Bedrooms 14.72
3 Bedrooms 40.24
4 Bedrooms 30.35
5 or more bedrooms 10.43