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 16,175 people, 5,786 houses or apartments, and a median cost of homes of $629,699, 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%).
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 116.72%, which ranks in the top 30% nationwide. This equates to an annual average Lynden house appreciation rate of 8.04%.
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 5.19%, 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 -0.51%, which equates to an annual appreciation rate of -2.03%.
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 50% of the other cities and towns in Washington.
$629,699
for Washington
for nation
5,786
$1,942 / per month