Housing in Lumber Bridge, NC is an attractive option for potential home buyers. According to the data provided, the median value of a house in Lumber Bridge, NC is $164,100. This is significantly lower than the US House Median Value which stands at $338,100. Home appreciation rates have also been quite strong in Lumber Bridge with a 1-year house appreciation rate of 16.91%, compared to 8.27% for the US overall. This suggests that investing in housing in Lumber Bridge is a wise decision and would likely lead to good returns over time.
The median home cost in Lumber Bridge is $164,100. Home appreciation the last 10 years has been 61.0%. Home Appreciation in Lumber Bridge is up 19.9%.
Average Age of Homes
- The median age of Lumber Bridge real estate is 58 years old
The Rental Market in Lumber Bridge
- Renters make up 10.5% of the Lumber Bridge population
- 0.0% of houses and apartments in Lumber Bridge, 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.