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, 4,695 houses or apartments, and a median cost of homes of $251,657, 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 35.52% of the borough's housing units. Other types of housing that are prevalent in Lansdowne include single-family detached homes ( 27.35%), large apartment complexes or high rise apartments ( 24.24%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 11.47%). 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 71.15% of Lansdowne's homes, and 54.17% have either three or four bedrooms, which is average sized relative to America.
The housing in Lansdowne was primarily built before 1939 ( 46.95%), 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 ( 33.31%), followed by between 1970-1999 ( 17.15%). There's also some housing in Lansdowne built between 2000 and later ( 2.59%).
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 93.72%, which ranks in the top 50% nationwide. This equates to an annual average Lansdowne house appreciation rate of 6.84%.
Over the last year, Lansdowne appreciation rates have trailed the rest of the nation. In the last twelve months, Lansdowne's appreciation rate has been 2.95%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Lansdowne were at 0.98%, which equates to an annual appreciation rate of 3.96%.
Relative to Pennsylvania, our data show that Lansdowne's latest annual appreciation rate is lower than 80% of the other cities and towns in Pennsylvania.
$251,657
for Pennsylvania
for nation
4,695
$2,069 / per month