Lansdowne, PA
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Highest Appreciating Lansdowne Neighborhoods Since 2000




Lansdowne, 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

Lansdowne Housing Market Information

With a population of 10,639, 4,296 total housing units (homes and apartments), and a median house value of $166,308, Lansdowne real estate and house prices are near the national average for all cities and towns.

Row houses and other attached homes are the single most common housing type in Lansdowne, accounting for 32.28% of the borough's housing units. Other types of housing that are prevalent in Lansdowne include single-family detached homes ( 29.41%), duplexes, homes converted to apartments or other small apartment buildings ( 21.98%), and a few large apartment complexes or high rise apartments ( 16.33%). Boroughs that are predominantly high-density buildings are relatively uncommon in the US. Because of the density, these types of boroughs are often walkable and compact, and often have a lively downtown.

The most prevalent building size and type in Lansdowne are three and four bedroom dwellings, chiefly found in row houses and other attached homes. The borough has a mixture of owners and renters, with 60.08% owning and 39.92% renting.

The housing in Lansdowne was primarily built before 1939 ( 48.76%), making the housing stock in Lansdowne some of the oldest overall in America, although there is a range of ages of homes in Lansdowne. The next most important housing age is between 1940-1969 ( 45.22%), followed by between 1970-1999 ( 5.12%).

Lansdowne Home Appreciation Rates

Homes have actually lost value in Lansdowne over the last then years, as home values have seen a decline of 20.95% during the ten year period. In the latest quarter, NeighborhoodScout appreciation rate data shows Lansdowne home appreciation rates at 0.08%, which equates to an annual appreciation rate of 0.32%.

Over the last year, Lansdowne appreciation rates have trailed the rest of the nation. In the last twelve months, Lansdowne's appreciation rate has been -0.25%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Lansdowne were at 0.08%, which equates to an annual appreciation rate of 0.32%.

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

Average Home Values

 

Median Home Value:
$166,308

Lansdowne, PA HOME PRICES

Value Range
> $979,000 0.0
$734,001 - $979,000 0.2
$489,001 - $734,000 0.1
$391,001 - $489,000 0.0
$294,001 - $391,000 3.9
$196,001 - $294,000 23.3
$98,001 - $196,000 56.7
$49,001 - $98,000 13.2
$0 - $49,000 2.6

High for PA
Average for Nation

Value Relative to Nation Value Relative to State
43.1091058244463 35.3623188405797

Number Of Homes And Apartments:
4,296

Lansdowne 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
34.29% 1.72% 3 4
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,089 / per month

Homeownership Rate

Homeownership
Owners 60.08
Renters 39.92
Vacant 9.48

Housing Market Details

 

Age of Homes

AGE OF Lansdowne HOMES
2000 or Newer 0.9
1970 - 1999 5.1
1940 - 1969 45.2
1939 or Older 48.8

Types of Homes

TYPE OF Lansdowne HOMES
Single-Family 29.4
Townhomes 32.3
Small Apt. Buildings 22.0
Apt. Complexes 16.3
Mobile Homes 0.0
Other 0.0

Home Size

SIZE OF Lansdowne HOMES
No Bedroom 2.36
1 Bedroom 17.30
2 Bedrooms 19.60
3 Bedrooms 35.57
4 Bedrooms 17.13
5 or more bedrooms 8.05