The housing market in Lambertville, NJ (08530) is booming. The median value of a home in the area is $491,300, which is significantly higher than the US median value of $338,100. This speaks to the high desirability of living in Lambertville. Furthermore, over the past year homes in Lambertville have appreciated 16.62%, more than double the US average of 8.27%. This shows just how strong the housing market has been for this city and suggests that it will continue to be a great investment opportunity.
The median home cost in Lambertville (zip 08530) is $491,300. Home appreciation the last 10 years has been 62.6%. Home Appreciation in Lambertville (zip 08530) is up 18.4%.
Average Age of Homes
- The median age of Lambertville (zip 08530) real estate is 64 years old
The Rental Market in Lambertville (zip 08530)
- Renters make up 24.0% of the Lambertville (zip 08530) population
- 0.2% of houses and apartments in Lambertville (zip 08530), 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.