Is Lumberton, TX a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Lumberton was a Seller's Market.
Housing Prices in Lumberton, TX
How much do homes in Lumberton, TX cost?
Median Sold Price
$338,000
$158/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Lumberton was $338,000 in April 2024, up 9% from last year, and the median price per square foot was $158.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $169.5K | $200K | +18.0% |
3 Bedrooms | $262.5K | $257.5K | -1.9% |
4 Bedrooms | $396K | $389.5K | -1.6% |
5+ Bedrooms | $722.2K | $1.1M | +54.7% |
Summary: Lumberton housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 18%, 3 bedroom homes decreased by 1.9%, 4 bedroom homes decreased by 1.6%, and 5+ bedroom homes increased by 54.7%.
Housing Supply in Lumberton, TX
How many homes are available in Lumberton, TX?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
29 | 29 | 0.0% |
Summary: The Lumberton real estate market had 29 homes for sale in April 2024, the same as March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 0 | 0 | 0.0% |
3 Bedrooms | 8 | 9 | +12.5% |
4 Bedrooms | 11 | 10 | -9.1% |
5+ Bedrooms | 10 | 10 | 0.0% |
Summary: The Lumberton housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 12.5%, 4 bedroom homes decreased by 9.1%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
3 | 3 | 0.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 3 homes were sold or pending in Lumberton in April 2024, the same as the previous month. Of the 3 sold homes, 67% were sold under asking, 33% were sold at asking, and 0% were sold over asking.
Days on Market for Lumberton, TX
How long does it take to sell a home in Lumberton, TX?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
22 Days | 65 Days | +195.5% |
Summary: Homes in Lumberton had an average of 65 days on market in Apr 2024, up by 195.5% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During April 2024, 3 homes were sold in Lumberton; 33% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.