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 12,018 people, 3,279 houses or apartments, and a median cost of homes of $837,816, 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 ( 77.75%).
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 ( 39.80%). A lesser amount of the housing stock also hails from between 1940-1969 ( 4.35%). There's also some housing in Lindon built before 1939 ( 2.80%).
In the last 10 years, Lindon has experienced some of the highest home appreciation rates of any community in the nation. Lindon real estate appreciated 115.32% over the last ten years, which is an average annual home appreciation rate of 7.97%, putting Lindon in the top 20% nationally for real estate appreciation. If you are a home buyer or real estate investor, Lindon definitely has a track record of being one of the best long term real estate investments in America through the last ten years.
Over the last year, Lindon appreciation rates have trailed the rest of the nation. In the last twelve months, Lindon's appreciation rate has been 2.87%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Lindon were at 0.34%, which equates to an annual appreciation rate of 1.37%.
Notably, Lindon's appreciation rate in the latest quarter is one of the lowest in America.
Relative to Utah, our data show that Lindon's latest annual appreciation rate is higher than 50% of the other cities and towns in Utah.
$837,816
for Utah
for nation
3,279
$1,700 / per month