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 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

Lindale Housing Market Information

With 5,692 people, 2,010 houses or apartments, and a median cost of homes of $123,946, house prices in Lindale are solidly below the national average.

Single-family detached homes are the single most common housing type in Lindale, accounting for 78.19% 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 ( 15.50%), row houses and other attached homes ( 4.84%), and a few large apartment complexes or high rise apartments ( 1.47%).

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 52.70% owning and 47.30% 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 ( 31.78%). A lesser amount of the housing stock also hails from between 1940-1969 ( 17.51%). There's also some housing in Lindale built before 1939 ( 5.87%).

Lindale Home Appreciation Rates

In the last 10 years, Lindale has experienced some of the highest home appreciation rates of any community in the nation. Lindale real estate appreciated 17.96% over the last ten years, which is an average annual home appreciation rate of 1.67%, putting Lindale in the top 20% nationally for real estate appreciation. If you are a home buyer or real estate investor, Lindale definitely has a track record of being one of the best long term real estate investments in America through the last ten years.

Over the last year, Lindale appreciation rates have trailed the rest of the nation. In the last twelve months, Lindale's appreciation rate has been 3.09%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Lindale were at 1.33%, which equates to an annual appreciation rate of 5.44%.

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

Average Home Values

 

Median Home Value:
$123,946

Lindale, TX HOME PRICES

Value Range
> $1,122,000 1.4
$842,001 - $1,122,000 0.0
$561,001 - $842,000 1.4
$449,001 - $561,000 1.9
$337,001 - $449,000 2.6
$224,001 - $337,000 9.2
$112,001 - $224,000 38.3
$56,001 - $112,000 31.4
$0 - $56,000 13.9

Average for TX
Low for Nation

Value Relative to Nation Value Relative to State
63.1723895464667 47.0817120622568

Number Of Homes And Apartments:
2,010

Lindale Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
TX*
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
57.29% 2.66% 3 7
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,047 / per month

Homeownership Rate

Homeownership
Owners 52.70
Renters 47.30
Vacant 1.71

Housing Market Details

 

Age of Homes

AGE OF Lindale HOMES
2000 or Newer 31.8
1970 - 1999 44.8
1940 - 1969 17.5
1939 or Older 5.9

Types of Homes

TYPE OF Lindale HOMES
Single-Family 78.2
Townhomes 4.8
Small Apt. Buildings 15.5
Apt. Complexes 1.5
Mobile Homes 0.0
Other 0.0

Home Size

SIZE OF Lindale HOMES
No Bedroom 0.49
1 Bedroom 4.50
2 Bedrooms 26.55
3 Bedrooms 58.58
4 Bedrooms 9.88
5 or more bedrooms 0.00

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Zip Codes in Lindale, TX