Lambertville, MI—48144
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Lambertville, MI
As of Oct '25, the median home price in Lambertville, MI is $297,000, with a year-over-year change of 4.5%. This indicates that home prices in Lambertville, MI are increasing. According to Zillow, the 1-year price projection is 1.6%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $297,000 | 4.5% |
| Single Family | $293,000 | 4.6% |
| Condos | $344,000 | 5.5% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $223,000 | 4.2% |
3 Bed | $275,000 | 4.2% |
4 Bed | $359,000 | 4.4% |
| 5 Bed | $421,000 | 2.9% |
% of Housing Stock
Rental Trends — Lambertville, MI
As of July '25, Rentcast reports the average rent in Lambertville, MI is $1,760, with a year-over-year rent change of 31.3%. Per bedroom, the median rent as of July '25 in Lambertville, MI is 1-bedrooms: $930, 3-bedrooms: $2,600. The most common rental property sizes in Lambertville, MI are 3-bedroom and 2-bedroom, accounting for 57.1% and 25.4% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $930 | $1,760 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $930 | $930 |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | $2,600 | $2,600 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Lambertville, MI
As of Oct '25, Realtor.com reports that the median days on market for a home in Lambertville, MI is 36. This is a decrease of -23.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 21.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $355,000 | 6.0% |
Listing Count | 28 | -4.0% |
| Listings as % of Homes | 0.5% | -4.0% |
Days on Market | 36 | -23.0% |
Demographics — Lambertville, MI
As of the latest ACS Survey released in 2023, Lambertville, MI has a population of 10,300, which has increased by 8.1% over the past 5 years. Lambertville, MI is a moderately popular place for families, as children make up 20.7% of the population. The area has a moderately educated workforce, with 30.8% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 6.7% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 10,300 | 8.1% |
% Under 18 | 20.7% | -0.5% |
% Seniors | 25.8% | 29.0% |
% WFH | 6.7% | 55.8% |
% w/ College Degree | 30.8% | 11.2% |
As of the latest ACS Survey released in 2023, Lambertville, MI is a predominantly white area, with 87.4% of the population identifying as white. The white population has shrunk by 6.9% in the last 5 years. The second most common race or ethnicity in Lambertville, MI is hispanic, making up 3.9% of the population. Foreign-born residents account for 4.2% of the population in Lambertville, MI, and this percentage has increased by 35.5% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 87.4% | -6.9% |
% Black | 1.5% | 36.4% |
% Hispanic | 3.9% | 225.0% |
% Asian | 1.5% | 150.0% |
% Foreign Born | 4.2% | 35.5% |
Mortgage and Risk — Lambertville, MI
According to HUD data as of 2023, there were 295 mortgage originations in Lambertville, MI, of which 85.0% of loans were conventional mortgages. The average loan-to-value was 59.0%, with 24.0% above 90% LTV (very high). This implies large mortgage risk in Lambertville, MI. Investor activity is low, as 1.0% of loans were by investors. 15.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 295 |
% Conventional Loans | 85.0% |
% Government Loans | 15.0% |
% Investor Loans | 1.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 15.0% |
Loan Activity
Rentals and Section 8 — Lambertville, MI
Lambertville, MI lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 1 |
Total Units Section 8 | 1 |
% Rentals under Section 8 | 0.4% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $50 | $930 | $980 |
| 2 Bedroom | N/A | N/A | $1,290 |
| 3 Bedroom | -$1,000 | $2,600 | $1,600 |
| 4 Bedroom | N/A | N/A | $2,050 |
Affordability — Lambertville, MI
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.7 |
| Median Home Price | $297,000 |
| Median Household Income | $97,400 |