Lindale TX
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA



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Lindale, TX 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 Q2 2019. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2017 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more

Lindale Housing Market Information

With a population of 6,066, 2,218 total housing units (homes and apartments), and a median house value of $164,356, Lindale real estate and house prices are near the national average for all cities and towns.

Single-family detached homes are the single most common housing type in Lindale, accounting for 76.79% of the city's housing units. Other types of housing that are prevalent in Lindale include duplexes, homes converted to apartments or other small apartment buildings ( 18.05%), row houses and other attached homes ( 3.95%), and a few large apartment complexes or high rise apartments ( 1.21%).

The most prevalent building size and type in Lindale are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 59.02% owning and 40.98% renting.

There is a lot of housing in Lindale 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 Lindale built between 2000 and later ( 39.05%). A lesser amount of the housing stock also hails from between 1940-1969 ( 14.19%). There's also some housing in Lindale built before 1939 ( 4.69%).

Lindale Home Appreciation Rates

Appreciation rates for homes in Lindale have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 29.74%, which ranks in the top 30% nationwide. This equates to an annual average Lindale house appreciation rate of 2.64%.

NeighborhoodScout's data show that during the latest twelve months, Lindale's appreciation rate, at 4.36%, has been at or slightly above the national average. In the latest quarter, Lindale's appreciation rate has been 1.19%, which annualizes to a rate of 4.85%.

Relative to Texas, our data show that Lindale's latest annual appreciation rate is lower than 50% of the other cities and towns in Texas.

Average Home Values

 

Median Home Value:
$164,356

Lindale, TX HOME PRICES

Value Range
> $1,208,000 0.8
$906,001 - $1,208,000 0.1
$604,001 - $906,000 2.3
$483,001 - $604,000 3.0
$363,001 - $483,000 2.6
$242,001 - $363,000 9.4
$121,001 - $242,000 51.8
$60,001 - $121,000 19.2
$0 - $60,000 10.8

High for TX
Average for Nation

Value Relative to Nation Value Relative to State
51.2233576642336 36.5664403491756

Number Of Homes And Apartments:
2,218

Lindale Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
TX*
Compared To
America*
Latest Quarter:
2019 Q1 - 2019 Q2
Last 12 Months:
2018 Q2 - 2019 Q2
Last 2 Years:
2017 Q2 - 2019 Q2
Last 5 Years:
2014 Q2 - 2019 Q2
Last 10 Years:
2009 Q2 - 2019 Q2
Since 2000:
2000 Q1 - 2019 Q2
80.86% 3.09%
3
8
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,220 / per month

Homeownership Rate

Homeownership
Owners 59.02
Renters 40.98
Vacant 3.77

Housing Market Details

 

Age of Homes

AGE OF Lindale HOMES
2000 or Newer 39.0
1970 - 1999 42.1
1940 - 1969 14.2
1939 or Older 4.7

Types of Homes

TYPE OF Lindale HOMES
Single-Family 76.8
Townhomes 3.9
Small Apt. Buildings 18.0
Apt. Complexes 1.2
Mobile Homes 0.0
Other 0.0

Home Size

SIZE OF Lindale HOMES
No Bedroom 0.00
1 Bedroom 5.64
2 Bedrooms 24.21
3 Bedrooms 59.00
4 Bedrooms 11.15
5 or more bedrooms 0.00

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Zip Codes in Lindale, TX