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 11,070, 4,858 total housing units (homes and apartments), and a median house value of $231,314, 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 36.10% of the borough's housing units. Other types of housing that are prevalent in Lansdowne include single-family detached homes ( 28.84%), large apartment complexes or high rise apartments ( 19.89%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 13.90%). 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.
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 69.06% of Lansdowne's homes, and 55.28% have either three or four bedrooms, which is average sized relative to America.
The housing in Lansdowne was primarily built before 1939 ( 48.63%), 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 ( 36.47%), followed by between 1970-1999 ( 14.07%).
Real estate appreciation rates in Lansdowne's have tracked to near the national average over the last then years, with the annual appreciation rate averaging 6.44% during the period.
NeighborhoodScout's data show that during the latest twelve months, Lansdowne's appreciation rate, at 7.72%, has been at or slightly above the national average. In the latest quarter, Lansdowne's appreciation rate has been 1.44%, which annualizes to a rate of 5.90%.
Relative to Pennsylvania, our data show that Lansdowne's latest annual appreciation rate is higher than 60% of the other cities and towns in Pennsylvania.
$231,314
for Pennsylvania
for nation
4,858
$2,044 / per month