fbpx

Homes near an Aldi grocery store realized an average five-year home price appreciation of 41 percent, according to ATTOM Data Solutions’ annual Grocery Store Wars analysis, which was released just before Christmas. Trader Joe’s (35%) and Whole Foods (33%) were close behind.

The study shows how living near a Trader Joe’s, Whole Foods or an Aldi might affect a home’s value. The five-year home price appreciation period was from YTD (Q1-Q3) 2020 versus the same period in 2015.

As far as home values, Trader Joe’s led the pack, as the average value of a home near a Trader Joe’s was $644,558, and a homeowner’s average equity stake in his/her property was 37 percent. Whole Foods was next ($532,224 and 33%), followed by Aldi ($250,850 and 26%).

For investors looking to flip homes, properties near an Aldi showed an average gross flipping ROI of 58 percent, followed by Whole Foods (36%) and Trader Joe’s (30%).

Contact Us:

Equity Retail Brokers
531 W. Germantown Pike, Suite 103
Plymouth Meeting, PA 19462
Main: 610.645.7700

The right space. The right move.

Our Affiliations: