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Data on this report is based on areas within the legal city boundary, outlined in black on the map. Any additional neighborhoods shown on the map are associated with the city by name and are included for reference only.



Lynden, WA Real Estate Market

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 Q4 2023. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2022 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data

Lynden, WA Housing Market Trends

With 16,175 people, 5,786 houses or apartments, and a median cost of homes of $597,702, real estate costs in Lynden are among some of the highest in the nation, although house prices here don't compare to real estate prices in the most expensive Washington communities.

Single-family detached homes are the single most common housing type in Lynden, accounting for 64.77% of the city's housing units. Other types of housing that are prevalent in Lynden include large apartment complexes or high rise apartments ( 14.48%), duplexes, homes converted to apartments or other small apartment buildings ( 10.13%), and a few row houses and other attached homes ( 5.93%).

The most prevalent building size and type in Lynden are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 63.35% owning and 36.65% renting.

Lynden homes and real estate are some of the newest in America. 44.01% of Lynden'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 Lynden real estate market has to offer. Quite a bit of the housing here was also built between 1970-1999 ( 40.59%), and between 1940-1969 ( 12.09%). There's also some housing in Lynden built before 1939 ( 3.32%).

Lynden Home Appreciation Rates

Appreciation rates for homes in Lynden have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 103.19%, which ranks in the top 30% nationwide. This equates to an annual average Lynden house appreciation rate of 7.35%.

Over the last year, Lynden appreciation rates have trailed the rest of the nation. In the last twelve months, Lynden's appreciation rate has been -1.72%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Lynden were at -2.52%, which equates to an annual appreciation rate of -9.70%.

Notably, Lynden's appreciation rate in the latest quarter is one of the lowest in America.

Relative to Washington, our data show that Lynden's latest annual appreciation rate is lower than 90% of the other cities and towns in Washington.

Average Home Values

Median Home Value

$597,702

Lynden, WA Home Prices
> $1,223,000
$917,001 - $1,223,000
$612,001 - $917,000
$489,001 - $612,000
$367,001 - $489,000
$245,001 - $367,000
$122,001 - $245,000
$61,001 - $122,000
$0 - $61,000
0.5%
0.5%
10.4%
10.4%
32.2%
32.2%
25.3%
25.3%
18.4%
18.4%
6.1%
6.1%
4.0%
4.0%
0.2%
0.2%
2.8%
2.8%
0% 100.0%
% of Homes
High

for Washington

Very High

for nation

Number of Homes And Apartments:

5,786

Lynden Appreciation Rates

Rent & Ownership

Average Market Rent:

$1,856 / per month

Homeownership Rate

Owners
Renters
63.4%
63.4%
36.6%
36.6%
0% 100.0%
% of Homes

Vacancy Rate

Vacant
Occupied
3.1%
3.1%
96.9%
96.9%
0% 100.0%
% of Homes

Housing Market Details

Age of Homes

2000 or Newer
1970 - 1999
1940 - 1969
1939 or Older
44.0%
44.0%
40.6%
40.6%
12.1%
12.1%
3.3%
3.3%
0% 100.0%
% of Homes

Types of Homes

Single-Family
Townhomes
Small Apt. Buildings
Apt. Complexes
Mobile Homes
Other
64.8%
64.8%
5.9%
5.9%
10.1%
10.1%
14.5%
14.5%
4.7%
4.7%
0.0%
0.0%
0% 100.0%
% of Homes

Home Size

No Bedroom
1 Bedroom
2 Bedrooms
3 Bedrooms
4 Bedrooms
5 or more bedrooms
2.5%
2.5%
5.2%
5.2%
23.8%
23.8%
45.8%
45.8%
16.0%
16.0%
6.6%
6.6%
0% 100.0%
% of Homes

Popular Neighborhoods in Lynden

Zip Codes in Lynden, WA