Lumberton, NC Foreclosures
How much do homes sell for in Lumberton, NC?
The average home price is currently $190,163.
What’s the average rental cost in Lumberton, NC?
The average rental price in Lumberton is $1,138.
What is the most expensive home in Lumberton?
The most expensive home sold in Lumberton had a price of $42,332,188.
What is currently the cheapest priced home in Lumberton, NC?
The cheapest home for sale in Lumberton is priced at $7,754.
Living in Lumberton, NC
Lumberton, NC is a small city rich in culture and history, offering a welcoming community and a variety of local amenities. With access to scenic outdoor activities and a robust event calendar, it presents a great quality of life. Lumberton's affordable housing and convenient location make it ideal for families and individuals alike.
Current Market Conditions in Lumberton, NC
The real estate market in Lumberton, NC has shown steady growth over the past few years, with an increase in home values and a decrease in the average time properties spend on the market. Buyers are attracted to the city's affordability and quality of life, leading to a competitive but still inviting market for new homeowners.
As of now, inventory levels are relatively low, which has driven prices up slightly. However, Lumberton remains one of the more affordable options in the region compared to larger urban areas. Investors are beginning to take notice, as rental demand is also on the rise, making this a promising time for real estate investment.
Home Value Estimator For Lumberton, NC
There are currently 13,265 real estate properties
in Lumberton, NC,
with a median automated valuation model (AVM) price
of $139,553.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Lumberton, NC, based on current market
trends, comparable real
estate sales nearby, historical data and, of course, property features, among other
variables. These automated home estimates are often very helpful, providing buyers
and
sellers with a better idea of a home’s value ahead of the negotiation process. For
example,
the average home price in Lumberton, NC,
is $190,163.00, with the most expensive house
in Lumberton, NC, topping out
at $42,332,188.00 and the cheapest home
in Lumberton, NC,
clocking in at $7,754.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Lumberton, NC!
Rent Prices
In Lumberton, NC
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Lumberton, NC, is on
a rollercoaster ride. The
average rent price in Lumberton, NC,
is $1,138.00. Indeed, when looking to rent in
Lumberton, NC, you can expect to pay as little
as $450.00 or as much
as $2,490.00,
with the average rent median estimated to
be $1,130.00. The good news is that finding
an affordable and desirable property to rent in Lumberton, NC
-- whether it’s apartments,
townhomes, condominiums or single-family homes -- is made easier with knowledge of
the
local market and, of course, a little patience.
Learn more on Foreclosure homes
