Lumber Bridge, NC—28357
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Lumber Bridge, NC
As of Nov '25, the median home price in Lumber Bridge, NC is $194,000, with a year-over-year change of -3.6%. This indicates that home prices in Lumber Bridge, NC are decreasing. According to Zillow, the 1-year price projection is 2.5%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $194,000 | -3.6% |
| Single Family | $193,000 | -3.5% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | $193,000 | -0.5% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Lumber Bridge, NC
As of July '25, Rentcast reports the average rent in Lumber Bridge, NC is $2,070, with a year-over-year rent change of 14.4%. Per bedroom, the median rent as of July '25 in Lumber Bridge, NC is 3-bedrooms: $1,850, 4-bedrooms: $2,300. The most common rental property sizes in Lumber Bridge, NC are 3-bedroom and 2-bedroom, accounting for 62.0% and 26.5% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,850 | $2,070 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | $1,850 | $1,850 |
| 4 Bed Rent | $2,300 | $2,300 |
% of Rental Stock
Property Listings — Lumber Bridge, NC
As of Nov '25, Realtor.com reports that the median days on market for a home in Lumber Bridge, NC is 92. This is a increase of 27.0% 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 0.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $268,000 | -15.0% |
Listing Count | 21 | 11.0% |
| Listings as % of Homes | 0.5% | 11.0% |
Days on Market | 92 | 27.0% |
Demographics — Lumber Bridge, NC
As of the latest ACS Survey released in 2023, Lumber Bridge, NC has a population of 2,600, which has decreased by -3.1% over the past 5 years. Lumber Bridge, NC is a popular place for families, as children make up 25.4% of the population. The area has a poorly educated workforce, with 13.6% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 13.5% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 2,600 | -3.1% |
% Under 18 | 25.4% | 44.3% |
% Seniors | 14.4% | -10.6% |
% WFH | 13.5% | 132.8% |
% w/ College Degree | 13.6% | 38.8% |
As of the latest ACS Survey released in 2023, Lumber Bridge, NC is a predominantly white area, with 40.4% of the population identifying as white. The white population has shrunk by 19.0% in the last 5 years. The second most common race or ethnicity in Lumber Bridge, NC is hispanic, making up 25.3% of the population. Foreign-born residents account for 9.8% of the population in Lumber Bridge, NC, and this percentage has increased by 78.2% 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 | 40.4% | -19.0% |
% Black | 15.8% | -25.1% |
% Hispanic | 25.3% | 99.2% |
% Asian | 0.1% | ∞% |
% Foreign Born | 9.8% | 78.2% |
Mortgage and Risk — Lumber Bridge, NC
According to HUD data as of 2023, there were 93 mortgage originations in Lumber Bridge, NC, of which 47.0% of loans were conventional mortgages. The average loan-to-value was 80.0%, with 58.0% above 90% LTV (very high). This implies large mortgage risk in Lumber Bridge, NC. Investor activity is low, as 2.0% of loans were by investors. 11.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 93 |
% Conventional Loans | 47.0% |
% Government Loans | 53.0% |
% Investor Loans | 2.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 11.0% |
Rentals and Section 8 — Lumber Bridge, NC
Lumber Bridge, NC lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | N/A |
Total Units Section 8 | N/A |
% 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 | $760 |
| 2 Bedroom | N/A | N/A | $970 |
| 3 Bedroom | -$510 | $1,850 | $1,340 |
| 4 Bedroom | -$690 | $2,300 | $1,610 |
Affordability — Lumber Bridge, NC
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.8 |
| Median Home Price | $194,000 |
| Median Household Income | $47,200 |