The housing in Lambert, MN is quite valuable. The median value of homes in the area is $231,300 which is much lower than the US median house value of $338,100. However, what makes it especially attractive for home buyers and investors is that the 1 year house appreciation of 9.54% is actually higher than the national rate of 8.27%. This means that purchasing a home in Lambert will likely lead to greater returns over time compared to other areas across the country.
The median home cost in Lambert is $231,300. Home appreciation the last 10 years has been 74.6%. Home Appreciation in Lambert is up 14.7%.
Average Age of Homes
- The median age of Lambert real estate is 46 years old
The Rental Market in Lambert
- Renters make up 6.5% of the Lambert population
- 0.0% of houses and apartments in Lambert, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.