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Data on this report is based on areas within the legal city boundary, outlined in black on the map. Any additional neighborhoods shown on the map are associated with the city by name and are included for reference only.



Lumberton, TX Real Estate Market

Source & Methodology

Analytics built by:   Location, Inc.

Raw data sources:   American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.

Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q2 2024. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2022 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data

Lumberton, TX Housing Market Trends

With a population of 14,045, 5,313 total housing units (homes and apartments), and a median house value of $297,281, Lumberton real estate and house prices are near the national average for all cities and towns.

Single-family detached homes are the single most common housing type in Lumberton, accounting for 79.93% of the city's housing units. Other types of housing that are prevalent in Lumberton include mobile homes or trailers ( 12.73%), large apartment complexes or high rise apartments ( 6.60%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Lumberton. Owner-occupied housing accounts for 85.60% of Lumberton's homes, and 80.86% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in Lumberton built from 1970 to 1999 so parts of town may have that "Brady Bunch" look of homes popular in the '70s and early '80s, although some of these houses were built up through the early '90s as well. There is also a lot of housing in Lumberton built between 2000 and later ( 44.95%). A lesser amount of the housing stock also hails from between 1940-1969 ( 7.91%).

Lumberton Home Appreciation Rates

Lumberton's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Lumberton during the period has been just 5.02%, which is lower than 80% of US communities.

NeighborhoodScout's data show that during the latest twelve months, Lumberton's appreciation rate, at 6.03%, has been at or slightly above the national average. In the latest quarter, Lumberton's appreciation rate has been 8.51%, which annualizes to a rate of 38.61%.

Importantly, this makes Lumberton one of the highest appreciating communities in the nation for the latest quarter, and may signal the city's near-future real estate investment strength.

Relative to Texas, our data show that Lumberton's latest annual appreciation rate is higher than 80% of the other cities and towns in Texas.

One very important thing to keep in mind is that these are average appreciation rates for the city. Individual neighborhoods within Lumberton differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Lumberton - or in any city or town - that have the best track record of real estate appreciation, by the latest quarter, the last year, 2 years, 5 years, 10 years, or even since 2000, to assist you in making the best Lumberton real estate investment or home purchase decisions.

Average Home Values

Median Home Value

$297,281

Lumberton, TX Home Prices
> $1,255,000
$942,001 - $1,255,000
$628,001 - $942,000
$503,001 - $628,000
$377,001 - $503,000
$251,001 - $377,000
$126,001 - $251,000
$63,001 - $126,000
$0 - $63,000
0.4%
0.4%
0.7%
0.7%
1.5%
1.5%
4.9%
4.9%
23.0%
23.0%
27.6%
27.6%
24.4%
24.4%
6.9%
6.9%
10.5%
10.5%
0% 100.0%
% of Homes
High

for Texas

Average

for nation

Number of Homes And Apartments:

5,313

Lumberton Appreciation Rates

Rent & Ownership

Average Market Rent:

$1,450 / per month

Homeownership Rate

Owners
Renters
85.6%
85.6%
14.4%
14.4%
0% 100.0%
% of Homes

Vacancy Rate

Vacant
Occupied
7.0%
7.0%
93.0%
93.0%
0% 100.0%
% of Homes

Housing Market Details

Age of Homes

2000 or Newer
1970 - 1999
1940 - 1969
1939 or Older
44.9%
44.9%
46.7%
46.7%
7.9%
7.9%
0.4%
0.4%
0% 100.0%
% of Homes

Types of Homes

Single-Family
Townhomes
Small Apt. Buildings
Apt. Complexes
Mobile Homes
Other
79.9%
79.9%
0.3%
0.3%
0.5%
0.5%
6.6%
6.6%
12.7%
12.7%
0.0%
0.0%
0% 100.0%
% of Homes

Home Size

No Bedroom
1 Bedroom
2 Bedrooms
3 Bedrooms
4 Bedrooms
5 or more bedrooms
0.5%
0.5%
3.0%
3.0%
12.6%
12.6%
51.9%
51.9%
29.0%
29.0%
3.0%
3.0%
0% 100.0%
% of Homes

Zip Codes in Lumberton, TX