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 1,814 people, 737 houses or apartments, and a median cost of homes of $136,943, house prices in Linden are some of the most affordable in Texas as well as the nation.
Single-family detached homes are the single most common housing type in Linden, accounting for 72.90% of the city's housing units. Other types of housing that are prevalent in Linden include duplexes, homes converted to apartments or other small apartment buildings ( 15.15%), mobile homes or trailers ( 8.41%), and a few large apartment complexes or high rise apartments ( 3.54%).
The most prevalent building size and type in Linden are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 56.85% owning and 43.15% renting.
There is a lot of housing in Linden 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 Linden built between 1940-1969 ( 33.96%). A lesser amount of the housing stock also hails from between 2000 and later ( 7.30%). There's also some housing in Linden built before 1939 ( 2.65%).
Vacant housing appears to be an issue in Linden. Fully 18.47% of the housing stock is classified as vacant. Left unchecked, vacant Linden homes and apartments can be a drag on the real estate market, holding Linden real estate prices below levels they could achieve if vacant housing was absorbed into the market and became occupied. Housing vacancy rates are a useful measure to consider, along with other things, if you are a home buyer or a real estate investor.
Appreciation rates for homes in Linden have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 102.77%, which ranks in the top 40% nationwide. This equates to an annual average Linden house appreciation rate of 7.33%.
Over the last year, Linden appreciation rates have trailed the rest of the nation. In the last twelve months, Linden's appreciation rate has been 4.55%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Linden were at 1.51%, which equates to an annual appreciation rate of 6.17%.
Relative to Texas, our data show that Linden's latest annual appreciation rate is higher than 60% of the other cities and towns in Texas.
$136,943
for Texas
for nation
737
$1,318 / per month