Lambertville, MI Real Estate
According to census data in the year 2000 there were 3,358 housing units in Lambertville.
This represents a 26.8% growth from 2,649 in 1990.
Of those housing units, 3,358 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Lambertville is about 91.1%.
Lambertville's vacancy rate, including seasonal lodging, is about 1.5%.
Average household size is 2.78 people.
The majority of houses, apartments or condos in Lambertville were built after 1969.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0% |
| One Bedroom | 3% |
| Two Bedrooms | 11.20% |
| Three Bedrooms | 54.30% |
| Four Bedrooms | 28.10% |
| Five Bedrooms or more | 3.40% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.83 |
| Median year structure was built | 1969 |
| Median Value of occupied units | $142,900 |
| Median Price asked for vacant units | $106,300 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.26 |
| Median year structure was built | 1972 |
| Median Monthly Rent asked for vacant units | $631 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.30% |
| Second Mortgage | 8.50% |
| Home Equity Loan | 18.90% |
| Simple Mortgage | 50.50% |
| Debt Free | 21.70% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 17.8% |
