Lindon, UT
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
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Highest Appreciating Lindon Neighborhoods Since 2000




Lindon, UT 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

Lindon Housing Market Information

With a population of 10,810, 2,571 total housing units (homes and apartments), and a median house value of $428,870, Lindon house prices are not only among the most expensive in Utah, Lindon real estate also is some of the most expensive in all of America.

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

The large homes that make up Lindon are primarily owner-occupied ( 81.21%).

There is a lot of housing in Lindon 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 Lindon built between 2000 and later ( 20.29%). A lesser amount of the housing stock also hails from between 1940-1969 ( 8.72%). There's also some housing in Lindon built before 1939 ( 1.18%).

Lindon Home Appreciation Rates

Appreciation rates for homes in Lindon have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 5.62%, which ranks in the top 40% nationwide. This equates to an annual average Lindon house appreciation rate of 0.55%.

Appreciation rates are so strong in Lindon that despite a nationwide downturn in the housing market, Lindon real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Lindon appreciation rates continue to be some of the highest in America, at 9.70%, which is higher than appreciation rates in 92.97% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Lindon. Lindon appreciation rates in the latest quarter were at 2.90%, which equates to an annual appreciation rate of 12.10%.

Importantly, this makes Lindon 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 Utah, our data show that Lindon's latest annual appreciation rate is higher than 90% of the other cities and towns in Utah.

Average Home Values

 

Median Home Value:
$428,870

Lindon, UT HOME PRICES

Value Range
> $1,273,000 0.5
$955,001 - $1,273,000 0.9
$637,001 - $955,000 15.6
$509,001 - $637,000 13.5
$382,001 - $509,000 24.5
$255,001 - $382,000 33.6
$127,001 - $255,000 9.0
$64,001 - $127,000 0.9
$0 - $64,000 1.6

Very High for UT
Very High for Nation

Value Relative to Nation Value Relative to State
8.15070901207078 6.71140939597315

Number Of Homes And Apartments:
2,571

Lindon Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
UT*
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
49.32% 2.35% 5 6
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,254 / per month

Homeownership Rate

Homeownership
Owners 81.21
Renters 18.79
Vacant 4.99

Housing Market Details

 

Age of Homes

AGE OF Lindon HOMES
2000 or Newer 20.3
1970 - 1999 69.8
1940 - 1969 8.7
1939 or Older 1.2

Types of Homes

TYPE OF Lindon HOMES
Single-Family 85.8
Townhomes 6.4
Small Apt. Buildings 6.3
Apt. Complexes 0.0
Mobile Homes 1.5
Other 0.0

Home Size

SIZE OF Lindon HOMES
No Bedroom 0.89
1 Bedroom 0.52
2 Bedrooms 9.02
3 Bedrooms 19.55
4 Bedrooms 20.10
5 or more bedrooms 49.93