Home Values

Lumberton Home Prices & Values

Zillow Home Value Index

The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

$278,600

  • 11.5% 1-year change
  • 4.8% 1-year forecast

The median home value in Lumberton is $278,600. Lumberton home values have gone up 11.5% over the past year and Zillow predicts they will rise 4.8% within the next year. The median list price per square foot in Lumberton is $139, which is higher than the Philadelphia Metro average of $130. The median price of homes currently listed in Lumberton is $259,900 while the median price of homes that sold is $150,400. The median rent price in Lumberton is $1,450, which is higher than the Philadelphia Metro median of $1,318.

Foreclosures will be a factor impacting home values in the next several years. In Lumberton 1.5 homes are foreclosed (per 10,000). This is lower than the Philadelphia Metro value of 5.5 and also lower than the national value of 4.5

Mortgage delinquency is the first step in the foreclosure process. This is when a homeowner fails to make a mortgage payment. The percent of delinquent mortgages in Lumberton is 16.6%, which is higher than the national value of 6.9%. With U.S. home values having fallen by more than 20% nationally from their peak in 2007 until their trough in late 2011, many homeowners are now underwater on their mortgages, meaning they owe more than their home is worth. The percent of Lumberton homeowners underwater on their mortgage is 20.6%, which is higher than Philadelphia Metro at 20.1%.

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Relative ZHVI
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Lumberton Market Overview

Data through Oct 31, 2014
  • $278,600 ZHVI
  • 4.8% 1-yr forecast
    The Zillow Home Value Forecast is Zillow's prediction of what the Zillow Home Value Index will be one year from now. Learn more
    (Oct 31, 2015)
  • $259,900 Median listing price
  • No recent data Median sale price
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Lumberton Market Health

Data through Oct 31, 2014
  • 7.6/10 Very healthy
    The Market Health Index illustrates the current health of a region's housing market relative to other markets across the country. The Market Health Index is based on up to 10 metrics including those capturing the past and projected evolution of home values, the prevalence of foreclosures, foreclosure re-sales, negative equity and delinquency, as well as whether homes are currently selling faster or slower than in the past.
  • No data Average days on Zillow
  • 20.6% Homes with negative equity (17.0% US Avg) (Jun 30, 2014)
  • 16.6% Delinquent on mortgage (6.9% US Avg) (Jun 30, 2014)

Homes foreclosed (per 10,000)

1.5 homes(Apr 30, 2014) Lumberton
5.5 homes Philadelphia Metro
4.5 homes United States
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Nearby Cities

Name Median ZHVI
Medford $324,500
Medford Lakes $269,800
Hainesport $268,800
Name Median ZHVI
Southampton $235,700
Eastampton $232,700
Westampton $224,200
Name Median ZHVI
Mt Laurel Township $211,000
Mt Holly Township $163,100
Willingboro $141,200

Listings & Sales

Data through Oct 31, 2014
  • $139 Median list price / sq ft
  • No recent data Median sale price / sq ft
  • 51.1% Listings with price cut
27.0%
Sold below listing
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Lumberton Rentals

Data through Oct 31, 2014
  • Zillow Rent Index

  • $1,897 Lumberton
    $1,554 Philadelphia Metro
    $1,337 United States

    The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more

  • 1.7 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Jun 30, 2014)
  • $1,450 Rent list price
  • $1.10 Rent list price / sq ft
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