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Housing in Lambertville · A strong seller's market

A typical Lambertville home is worth about $314,000

Up 5.6% in a year, 18% above the Michigan typical home. Homes typically sell in 21 days, close to asking.

Typical home value
$314K
▲ 5.6% in a year · MI $266K
Zillow
Median sale price
$325K
May 2026 · Redfin
Days on market
21
Faster than MI (24)
Sale-to-list
99.8%
Homes sell near asking
Homes sold
16
in May · 13 for sale
2-bedroom rent
$1,370
a month, utilities in · HUD
Median tax bill
$2,727
MI $2,904

What kind of housing town is Lambertville?

Read from the numbers below. The page puts what stands out first.

★ What stands out · Market temperature

A strong seller's market

Homes are selling faster than new ones are listed: less than two months of supply. Well-priced homes can draw several offers.

Seller’s marketA strong seller's marketBuyer’sSeller’s

Under ~4 months of supply favors sellers; over ~6 favors buyers.

0.8
months of supply · MI 2.6
21
days to sell · MI 24
99.8%
of asking price, at sale
43.8%
sold above asking
68.8%
under contract within 2 weeks
15
new listings in May

Redfin Data Center, all residential sales, May 2026.

The homes

96% of Lambertville households own their home

Half of Lambertville’s homes were built before 1983.

Owners and renters
Own 96%Rent 4%

Michigan: 73% own.

1983
typical home built · MI 1972
$2,727
median property tax bill · MI $2,904
1.06%
of a home’s value, a year in tax · MI 1.25%

U.S. Census Bureau, American Community Survey 2020-2024.

Price trend

Up 27.5% in five years

Faster than Michigan (24.1%).

LambertvilleMichigan
$100K$150K$200K$250K$300K$350K20182020202220242026
Show as a table
JanuaryLambertvilleMichigan
2017$184,000$144,000
2018$189,000$155,000
2019$204,000$165,000
2020$210,000$175,000
2021$229,000$194,000
2022$251,000$217,000
2023$264,000$230,000
2024$278,000$241,000
2025$292,000$253,000
2026$308,000$262,000
August 2026$314,000$266,000
Then & now

A typical Lambertville home worth $181K in September 2016 is worth about $314K today.

+$133K
+5.6%
past year
+27.5%
past 5 years
+73.8%
since 2016

Zillow Home Value Index: the typical value of all homes (middle third), smoothed and seasonally adjusted, through August 2026.

Affordability

A typical home costs 3.1 years of income

Less than across Michigan (3.7 years). Try your own numbers below.

You could afford about
$392,000
Typical Lambertville home $314K

That covers a typical Lambertville home, with $78K to spare.

The typical home, each month
$1,920
Loan $1,550Tax $280Insurance $90

A two-bedroom rents for about $1,370 a month here, $550 less than owning.

Where your budget reaches nearby

An estimate, not a loan offer: payments of up to 28% of income, a 30-year fixed loan, Lambertville’s typical property tax (1.06% of value a year, from the Census) and insurance of about 0.35%. Mortgage insurance, HOA fees and other debts aren’t included.

Renting

A two-bedroom rents for about $1,370

Renters already here pay a median of $1,248.

Fair Market Rent a month, utilities included

Studio$950
1 bedroom$1,050
2 bedrooms$1,370
3 bedrooms$1,670
4 bedrooms$2,220
4%
of households rent · MI 27%
157
renter households
43%
of renters spend 30%+ of income on rent · MI 50%
16%
of the median income, for a two-bedroom
$1,248
median rent paid today · Census

U.S. Department of Housing and Urban Development, Fair Market Rents by ZIP code (Monroe, MI MSA): the 40th-percentile rent plus utilities for a standard unit. Median rent and renters: U.S. Census Bureau, American Community Survey.

Next door

Lambertville vs. its neighbors

Lambertville is the priciest of 3 neighboring towns. Tap one to see its housing page.

Compare more
TownTypical value1-yr change2-bed rentNew homes 2025Median income
Lambertville$314K+5.6%$1,370—$102,521
Bedford$253K*+4.7%†$1,49039$90,092
Whiteford$278K*+8.9%†$1,38010$100,521

Typical value: Zillow Home Value Index; * Census median home value where Zillow has none. † FHFA price index change where Zillow has none. Rent: HUD Fair Market Rent. New homes: Census building permits.

Neighbors talk housing

What Lambertville buyers, sellers and renters are saying.

Town Square →
Weigh in
The data says Lambertville is a strong seller's market. Is that what you’re seeing?

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Start the conversation

Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. Sales, days on market and supply: Redfin Data Center, May 2026. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers. The calculator is an estimate, not a loan offer.

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