Lambert, NC—28097
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Lambert, NC
As of Oct '25, the median home price in Lambert, NC is $383,000, with a year-over-year change of -0.1%. This indicates that home prices in Lambert, NC are flat. According to Zillow, the 1-year price projection is 2.7%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $383,000 | -0.1% |
| Single Family | $383,000 | -0.3% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $269,000 | -1.8% |
3 Bed | $367,000 | 0.3% |
4 Bed | $430,000 | 0.2% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Lambert, NC
As of July '25, Rentcast reports the average rent in Lambert, NC is $2,110, with a year-over-year rent change of 10.5%. Per bedroom, the median rent as of July '25 in Lambert, NC is 2-bedrooms: $1,500, 3-bedrooms: $1,940, 4-bedrooms: $2,370. The most common rental property sizes in Lambert, NC are 2-bedroom and 3-bedroom, accounting for 66.4% and 23.5% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,200 | $2,110 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | $1,650 | $1,500 |
| 3 Bed Rent | $2,040 | $1,940 |
| 4 Bed Rent | $2,400 | $2,370 |
% of Rental Stock
Property Listings — Lambert, NC
As of Oct '25, Realtor.com reports that the median days on market for a home in Lambert, NC is 63. This is a increase of 16.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 42.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $416,000 | -1.0% |
Listing Count | 57 | 65.0% |
| Listings as % of Homes | 1.3% | 65.0% |
Days on Market | 63 | 16.0% |
Demographics — Lambert, NC
As of the latest ACS Survey released in 2023, Lambert, NC has a population of 7,980, which has increased by 31.3% over the past 5 years. Lambert, NC is a popular place for families, as children make up 26.7% of the population. The area has a poorly educated workforce, with 19.5% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 8.7% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 7,980 | 31.3% |
% Under 18 | 26.7% | 30.9% |
% Seniors | 16.7% | 0.6% |
% WFH | 8.7% | 50.0% |
% w/ College Degree | 19.5% | 14.0% |
As of the latest ACS Survey released in 2023, Lambert, NC is a predominantly white area, with 93.7% of the population identifying as white. The white population has grown by 3.0% in the last 5 years. The second most common race or ethnicity in Lambert, NC is hispanic, making up 4.7% of the population. Foreign-born residents account for 0.9% of the population in Lambert, NC, and this percentage has decreased by 57.1% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 93.7% | 3.0% |
% Black | 0.0% | -100.0% |
% Hispanic | 4.7% | -24.2% |
% Asian | 0.0% | N/A |
% Foreign Born | 0.9% | -57.1% |
Mortgage and Risk — Lambert, NC
According to HUD data as of 2023, there were 239 mortgage originations in Lambert, NC, of which 75.0% of loans were conventional mortgages. The average loan-to-value was 63.0%, with 32.0% above 90% LTV (very high). This implies large mortgage risk in Lambert, NC. Investor activity is low, as 0.0% of loans were by investors. 9.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 239 |
% Conventional Loans | 75.0% |
% Government Loans | 25.0% |
% Investor Loans | 0.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 9.0% |
Loan Activity
Rentals and Section 8 — Lambert, NC
Lambert, NC lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 3 |
Total Units Section 8 | 3 |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $900 |
| 2 Bedroom | -$640 | $1,650 | $1,010 |
| 3 Bedroom | -$660 | $2,040 | $1,380 |
| 4 Bedroom | -$720 | $2,400 | $1,680 |
Affordability — Lambert, NC
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.7 |
| Median Home Price | $383,000 |
| Median Household Income | $77,600 |