Landenberg, PA
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Highest Appreciating Landenberg Neighborhoods Since 2000




Landenberg, PA 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

Landenberg Housing Market Information

With 11,965 people, 1,416 houses or apartments, and a median cost of homes of $377,217, Landenberg house prices are not only among the most expensive in Pennsylvania, Landenberg real estate also is some of the most expensive in all of America.

Landenberg is a town of large, single-family homes. In fact, there is a higher proportion of four, five or more bedroom homes in Landenberg than is found in 98% of the communities in America.

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Landenberg. Owner-occupied housing accounts for 89.20% of Landenberg's homes, and 80.96% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in Landenberg 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 Landenberg built between 2000 and later ( 19.69%). A lesser amount of the housing stock also hails from between 1940-1969 ( 11.88%). There's also some housing in Landenberg built before 1939 ( 7.16%).

Landenberg Home Appreciation Rates

Landenberg's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Landenberg during the period has been just -1.22%, which is lower than 70% of US communities.

Over the last year, Landenberg appreciation rates have trailed the rest of the nation. In the last twelve months, Landenberg's appreciation rate has been 0.10%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Landenberg were at 0.08%, which equates to an annual appreciation rate of 0.32%.

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

Average Home Values

 

Median Home Value:
$377,217

Landenberg, PA HOME PRICES

Value Range
> $1,033,000 1.4
$775,001 - $1,033,000 1.9
$516,001 - $775,000 17.7
$413,001 - $516,000 21.1
$310,001 - $413,000 31.2
$207,001 - $310,000 20.4
$103,001 - $207,000 3.0
$52,001 - $103,000 1.0
$0 - $52,000 2.2

Very High for PA
Very High for Nation

Value Relative to Nation Value Relative to State
10.5179889839447 3.38164251207729

Number Of Homes And Apartments:
1,416

Landenberg Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
PA*
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
34.64% 1.74% 3 4
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,757 / per month

Homeownership Rate

Homeownership
Owners 89.20
Renters 10.80
Vacant 3.56

Housing Market Details

 

Age of Homes

AGE OF Landenberg HOMES
2000 or Newer 19.7
1970 - 1999 61.3
1940 - 1969 11.9
1939 or Older 7.2

Types of Homes

TYPE OF Landenberg HOMES
Single-Family 94.5
Townhomes 1.9
Small Apt. Buildings 1.6
Apt. Complexes 1.6
Mobile Homes 0.4
Other 0.0

Home Size

SIZE OF Landenberg HOMES
No Bedroom 0.12
1 Bedroom 2.37
2 Bedrooms 5.86
3 Bedrooms 32.77
4 Bedrooms 48.20
5 or more bedrooms 10.69