Lyndonville, VT 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

Lyndonville, VT Housing Market Trends

With a population of 5,674, 2,166 total housing units (homes and apartments), and a median house value of $208,660, Lyndonville real estate values are some of the lowest in Vermont, although compared to real estate around the nation, Lyndonville homes are still considered rather expensive.

Single-family detached homes are the single most common housing type in Lyndonville, accounting for 60.83% of the town's housing units. Other types of housing that are prevalent in Lyndonville include duplexes, homes converted to apartments or other small apartment buildings ( 20.32%), large apartment complexes or high rise apartments ( 11.23%), and a few mobile homes or trailers ( 7.30%).

The most prevalent building size and type in Lyndonville are three and four bedroom dwellings, chiefly found in single-family detached homes. The town has a mixture of owners and renters, with 55.41% owning and 44.59% renting.

There is a lot of housing in Lyndonville 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 Lyndonville built before 1939 ( 29.89%). A lesser amount of the housing stock also hails from between 1940-1969 ( 18.73%). There's also some housing in Lyndonville built between 2000 and later ( 15.94%).

Vacant housing appears to be an issue in Lyndonville. Fully 12.17% of the housing stock is classified as vacant. Left unchecked, vacant Lyndonville homes and apartments can be a drag on the real estate market, holding Lyndonville 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.

Lyndonville Home Appreciation Rates

Real estate appreciation rates in Lyndonville's have tracked to near the national average over the last then years, with the annual appreciation rate averaging 2.85% during the period.

Appreciation rates are so strong in Lyndonville that despite a nationwide downturn in the housing market, Lyndonville real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Lyndonville appreciation rates continue to be some of the highest in America, at 14.97%, which is higher than appreciation rates in 95.56% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Lyndonville. Lyndonville appreciation rates in the latest quarter were at 3.49%, which equates to an annual appreciation rate of 14.72%.

Relative to Vermont, our data show that Lyndonville's latest annual appreciation rate is higher than 80% of the other cities and towns in Vermont.

Average Home Values

 

Median Home Value:
$208,660

Lyndonville, VT HOME PRICES

> $1,211,000
3.1%
3.1%
$908,001 - $1,211,000
0.0%
0.0%
$606,001 - $908,000
0.9%
0.9%
$484,001 - $606,000
0.6%
0.6%
$363,001 - $484,000
11.7%
11.7%
$242,001 - $363,000
17.0%
17.0%
$121,001 - $242,000
51.0%
51.0%
$60,001 - $121,000
10.5%
10.5%
$0 - $60,000
5.1%
5.1%
0.0% 100.0%
% OF HOMES
Value Relative To State

Average for Nation

Very Low for VT

Value Relative To Nation

Number Of Homes And Apartments:
2,166

Lyndonville Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
VT*
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
111.81% 3.55%
6
8
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,078 / per month

Homeownership Rate

Owners
55.4%
55.4%
Renters
44.6%
44.6%
Vacant
12.2%
12.2%
0.0% 100.0%
% OF HOMES

Housing Market Details

 

Age of Homes

2000 or Newer
15.9%
15.9%
1970 - 1999
35.4%
35.4%
1940 - 1969
18.7%
18.7%
1939 or Older
29.9%
29.9%
0.0% 100.0%
% OF HOMES

Types of Homes

Single-Family
60.8%
60.8%
Townhomes
0.3%
0.3%
Small Apt. Buildings
20.3%
20.3%
Apt. Complexes
11.2%
11.2%
Mobile Homes
7.3%
7.3%
Other
0.0%
0.0%
0.0% 100.0%
% OF HOMES

Home Size

No Bedroom
4.0%
4.0%
1 Bedroom
16.9%
16.9%
2 Bedrooms
25.5%
25.5%
3 Bedrooms
36.9%
36.9%
4 Bedrooms
12.7%
12.7%
5 or more bedrooms
4.1%
4.1%
0.0% 100.0%
% OF HOMES

Popular Neighborhoods in Lyndonville

Zip Codes in Lyndonville, VT