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.
Methodology: NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data
With a population of 21,919, 9,317 total housing units (homes and apartments), and a median house value of $266,554, Lindenwold real estate values are some of the lowest in New Jersey, although compared to real estate around the nation, Lindenwold homes are still considered rather expensive.
Large apartment complexes or high rise apartments are the single most common housing type in Lindenwold, accounting for 53.94% of the borough's housing units. Other types of housing that are prevalent in Lindenwold include single-family detached homes ( 27.95%), duplexes, homes converted to apartments or other small apartment buildings ( 12.21%), and a few row houses and other attached homes ( 5.78%). Boroughs that are predominantly high-density buildings are relatively uncommon in the US. Because of the density, these types of boroughs are often walkable and compact, and often have a lively downtown.
Lindenwold is dominated by renter-occupied one, two, or no bedrooms apartments. 70.06% of Lindenwold's dwellings are rentals.
There is a lot of housing in Lindenwold 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 Lindenwold built between 1940-1969 ( 32.21%). A lesser amount of the housing stock also hails from before 1939 ( 7.15%). There's also some housing in Lindenwold built between 2000 and later ( 7.07%).
In the last 10 years, Lindenwold has experienced some of the highest home appreciation rates of any community in the nation. Lindenwold real estate appreciated 118.27% over the last ten years, which is an average annual home appreciation rate of 8.12%, putting Lindenwold in the top 20% nationally for real estate appreciation. If you are a home buyer or real estate investor, Lindenwold definitely has a track record of being one of the best long term real estate investments in America through the last ten years.
NeighborhoodScout's data show that during the latest twelve months, Lindenwold's appreciation rate, at 3.93%, has been at or slightly above the national average. In the latest quarter, Lindenwold's appreciation rate has been 0.26%, which annualizes to a rate of 1.06%.
Relative to New Jersey, our data show that Lindenwold's latest annual appreciation rate is lower than 90% of the other cities and towns in New Jersey.
One very important thing to keep in mind is that these are average appreciation rates for the borough. Individual neighborhoods within Lindenwold differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Lindenwold - or in any city or town - that have the best track record of real estate appreciation, by the latest quarter, the last year, 2 years, 5 years, 10 years, or even since 2000, to assist you in making the best Lindenwold real estate investment or home purchase decisions.
$266,554
for New jersey
for nation
9,317
$1,983 / per month