The housing market in Lumberton, NC is a thriving one, as evidenced by the median housing value being more than $132,800. This is much lower than the US median home value of $338,100, making it an attractive neighborhood for those looking at buying a house. What's even more impressive is that the one year appreciation rate for homes in Lumberton, NC has been 16.91%, considerably higher than the national rate of 8.27%. This suggests that the housing market in Lumberton is flourishing and will likely continue to do so in the future.
The median home cost in Lumberton is $132,800. Home appreciation the last 10 years has been 61.0%. Home Appreciation in Lumberton is up 19.9%.
Average Age of Homes
- The median age of Lumberton real estate is 44 years old
The Rental Market in Lumberton
- Renters make up 42.7% of the Lumberton population
- 2.0% 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.