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 11,225 people, 4,856 houses or apartments, and a median cost of homes of $234,720, house prices in Lansdowne are solidly below the national average.
Row houses and other attached homes are the single most common housing type in Lansdowne, accounting for 40.06% of the borough's housing units. Other types of housing that are prevalent in Lansdowne include large apartment complexes or high rise apartments ( 25.75%), single-family detached homes ( 22.94%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 10.42%). Boroughs with mostly row houses, apartments, and other high density housing types are relatively uncommon, and characteristic of compact boroughs that frequently have a downtown or other neighborhoods where amenities are within walking distance and a lot of street life can be seen.
Owner-occupied, three and four bedroom dwellings, primarily in row houses and other attached homes are the most prevalent type of housing you will see in Lansdowne. Owner-occupied housing accounts for 67.09% of Lansdowne's homes, and 54.18% have either three or four bedrooms, which is average sized relative to America.
The housing in Lansdowne was primarily built before 1939 ( 47.64%), making the housing stock in Lansdowne some of the oldest overall in America, although there is a range of ages of homes in Lansdowne. The next most important housing age is between 1940-1969 ( 31.89%), followed by between 1970-1999 ( 18.50%). There's also some housing in Lansdowne built between 2000 and later ( 1.96%).
Appreciation rates for homes in Lansdowne have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 95.07%, which ranks in the top 50% nationwide. This equates to an annual average Lansdowne house appreciation rate of 6.91%.
NeighborhoodScout's data show that during the latest twelve months, Lansdowne's appreciation rate, at 3.93%, has been at or slightly above the national average. In the latest quarter, Lansdowne's appreciation rate has been 0.26%, which annualizes to a rate of 1.06%.
Relative to Pennsylvania, our data show that Lansdowne's latest annual appreciation rate is lower than 60% of the other cities and towns in Pennsylvania.
$234,720
for Pennsylvania
for nation
4,856
$1,989 / per month