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.


Housing Size

Housing Units by Size
Studio Type0%
One Bedroom3%
Two Bedrooms11.20%
Three Bedrooms54.30%
Four Bedrooms28.10%
Five Bedrooms or more3.40%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.83
Median year structure was built1969
Median Value of occupied units$142,900
Median Price asked for vacant units$106,300

Rented Homes, Apartments and Condos

Average Household Size2.26
Median year structure was built1972
Median Monthly Rent asked for vacant units$631

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.30%
Second Mortgage8.50%
Home Equity Loan18.90%
Simple Mortgage50.50%
Debt Free21.70%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs17.8%