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 11,734, 3,279 total housing units (homes and apartments), and a median house value of $834,688, 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 116.02% over the last ten years, which is an average annual home appreciation rate of 8.01%, 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.
NeighborhoodScout's data show that during the latest twelve months, Lindon's appreciation rate, at 4.12%, has been at or slightly above the national average. In the latest quarter, Lindon's appreciation rate has been 3.43%, which annualizes to a rate of 14.44%.
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.
$834,688
for Utah
for nation
3,279
$1,693 / per month