Landenberg, PA Real Estate Market

Source & Methodology

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.

Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q2 2021. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2019 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data

Landenberg, PA Housing Market Trends

With 12,244 people, 1,483 houses or apartments, and a median cost of homes of $459,815, Landenberg house prices are not only among the most expensive in Pennsylvania, Landenberg real estate also is some of the most expensive in all of America.

Landenberg is a town of large, single-family homes. In fact, there is a higher proportion of four, five or more bedroom homes in Landenberg than is found in 98% of the communities in America.

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Landenberg. Owner-occupied housing accounts for 92.17% of Landenberg's homes, and 81.16% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in Landenberg 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 Landenberg built between 2000 and later ( 21.38%). A lesser amount of the housing stock also hails from between 1940-1969 ( 9.70%). There's also some housing in Landenberg built before 1939 ( 5.72%).

Landenberg Home Appreciation Rates

Landenberg's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Landenberg during the period has been just 1.99%, which is lower than 80% of US communities.

NeighborhoodScout's data show that during the latest twelve months, Landenberg's appreciation rate, at 8.43%, has been at or slightly above the national average. In the latest quarter, Landenberg's appreciation rate has been 3.46%, which annualizes to a rate of 14.59%.

Relative to Pennsylvania, our data show that Landenberg's latest annual appreciation rate is higher than 50% of the other cities and towns in Pennsylvania.

Average Home Values

 

Median Home Value:
$459,815

Landenberg, PA HOME PRICES

> $1,169,000
2.2%
2.2%
$877,001 - $1,169,000
1.9%
1.9%
$585,001 - $877,000
17.0%
17.0%
$468,001 - $585,000
27.5%
27.5%
$351,001 - $468,000
30.5%
30.5%
$234,001 - $351,000
17.2%
17.2%
$117,001 - $234,000
3.2%
3.2%
$58,001 - $117,000
0.4%
0.4%
$0 - $58,000
0.1%
0.1%
0.0% 100.0%
% OF HOMES
Value Relative To State

Very High for Nation

Very High for PA

Value Relative To Nation

Number Of Homes And Apartments:
1,483

Landenberg Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
PA*
Compared To
America*
Latest Quarter:
2021 Q1 - 2021 Q2
Last 12 Months:
2020 Q2 - 2021 Q2
Last 2 Years:
2019 Q2 - 2021 Q2
Last 5 Years:
2016 Q2 - 2021 Q2
Last 10 Years:
2011 Q2 - 2021 Q2
Since 2000:
2000 Q1 - 2021 Q2
62.12% 2.27%
3
3
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,969 / per month

Homeownership Rate

Owners
92.2%
92.2%
Renters
7.8%
7.8%
Vacant
5.3%
5.3%
0.0% 100.0%
% OF HOMES

Housing Market Details

 

Age of Homes

2000 or Newer
21.4%
21.4%
1970 - 1999
63.2%
63.2%
1940 - 1969
9.7%
9.7%
1939 or Older
5.7%
5.7%
0.0% 100.0%
% OF HOMES

Types of Homes

Single-Family
93.9%
93.9%
Townhomes
3.5%
3.5%
Small Apt. Buildings
1.2%
1.2%
Apt. Complexes
0.7%
0.7%
Mobile Homes
0.7%
0.7%
Other
0.0%
0.0%
0.0% 100.0%
% OF HOMES

Home Size

No Bedroom
0.0%
0.0%
1 Bedroom
2.4%
2.4%
2 Bedrooms
4.7%
4.7%
3 Bedrooms
32.0%
32.0%
4 Bedrooms
49.1%
49.1%
5 or more bedrooms
11.8%
11.8%
0.0% 100.0%
% OF HOMES