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 2020. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2018 (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 6,149, 2,177 total housing units (homes and apartments), and a median house value of $176,379, 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 81.17% 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 ( 15.72%), large apartment complexes or high rise apartments ( 1.60%), and a few row houses and other attached homes ( 1.51%).

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 58.25% owning and 41.75% renting.

Lindale homes and real estate are some of the newest in America. 38.21% of Lindale's housing was built since 2000, making the city have a very new look and feel. If you like the amenities of newer homes and subdivisions, then you will probably like what the Lindale real estate market has to offer. Quite a bit of the housing here was also built between 1970-1999 ( 35.56%), and between 1940-1969 ( 21.23%). There's also some housing in Lindale built before 1939 ( 5.00%).

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 44.75%, which ranks in the top 30% nationwide. This equates to an annual average Lindale house appreciation rate of 3.77%.

NeighborhoodScout's data show that during the latest twelve months, Lindale's appreciation rate, at 4.20%, has been at or slightly above the national average. In the latest quarter, Lindale's appreciation rate has been 2.26%, which annualizes to a rate of 9.36%.

Importantly, this makes Lindale one of the highest appreciating communities in the nation for the latest quarter, and may signal the city's near-future real estate investment strength.

Relative to Texas, our data show that Lindale's latest annual appreciation rate is lower than 60% of the other cities and towns in Texas.

Average Home Values

 

Median Home Value:
$176,379

Lindale, TX HOME PRICES

Value Range
> $1,222,000 0.9
$917,001 - $1,222,000 0.4
$611,001 - $917,000 3.2
$489,001 - $611,000 5.0
$367,001 - $489,000 1.8
$244,001 - $367,000 15.1
$122,001 - $244,000 48.6
$61,001 - $122,000 15.7
$0 - $61,000 9.3

High for TX
Average for Nation

Value Relative to Nation Value Relative to State
49.6759124087591 36.6634335596508

Number Of Homes And Apartments:
2,177

Lindale Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
TX*
Compared To
America*
Latest Quarter:
2020 Q1 - 2020 Q2
Last 12 Months:
2019 Q2 - 2020 Q2
Last 2 Years:
2018 Q2 - 2020 Q2
Last 5 Years:
2015 Q2 - 2020 Q2
Last 10 Years:
2010 Q2 - 2020 Q2
Since 2000:
2000 Q1 - 2020 Q2
95.38% 3.32%
4
8
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,213 / per month

Homeownership Rate

Homeownership
Owners 58.25
Renters 41.75
Vacant 8.49

Housing Market Details

 

Age of Homes

AGE OF Lindale HOMES
2000 or Newer 38.2
1970 - 1999 35.6
1940 - 1969 21.2
1939 or Older 5.0

Types of Homes

TYPE OF Lindale HOMES
Single-Family 81.2
Townhomes 1.5
Small Apt. Buildings 15.7
Apt. Complexes 1.6
Mobile Homes 0.0
Other 0.0

Home Size

SIZE OF Lindale HOMES
No Bedroom 0.00
1 Bedroom 2.52
2 Bedrooms 24.00
3 Bedrooms 62.80
4 Bedrooms 10.68
5 or more bedrooms 0.00

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Zip Codes in Lindale, TX