Lumberton, TX is a great place to invest in property as it offers an attractive median housing value of $244,800 which is considerably lower than the national median of $338,100. The 1 year house appreciation rate in Lumberton is also higher than the national average at 10.20%, being 8.27% for the US as a whole. For those looking to invest in property, Lumberton could be a great option due to its relatively low prices and high appreciation rate.
The median home cost in Lumberton is $244,800. Home appreciation the last 10 years has been 68.4%. Home Appreciation in Lumberton is up 10.4%.
Average Age of Homes
- The median age of Lumberton real estate is 23 years old
The Rental Market in Lumberton
- Renters make up 26.2% of the Lumberton population
- 1.4% of houses and apartments in Lumberton, 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.