Similar to nearby areas, it is significantly less expensive compared to the United States as a whole. It's substantially less expensive compared to the city of Raleigh.
Home prices
Lumber Bridge's median home price is $109,400. Compared to nearby areas it is about $4,980 (4%) higher.It is about $108,100 (49%) lower compared to the rest of the country, and in comparison to the city of Raleigh it is approximately $138,900 (55%) lower.
Rents
Lumber Bridge's median rent is $725 per month. It is about $47 (6%) lower in comparison to other places in this area.It is roughly $337 (31%) lower in comparison to the United States as a whole, and is approximately $396 (35%) lower in comparison to the city of Raleigh.
Nearby places
Parkton
Parkton is about 3 miles east from Lumber Bridge. Its real estate prices are fairly similar. The median home in Parkton is valued at $110,700, which comes out to $1,300 (1%) higher than Lumber Bridge. Rent there is a bit less expensive. Parkton's median monthly rent is $675, which is $50 (7%) lower than Lumber Bridge.
Rennert
Rennert is about 5 miles south of Lumber Bridge. Housing prices there are significantly less expensive. Rennert's median home price is $57,500, which works out to $51,900 (90%) lower than Lumber Bridge. Rents there are substantially less expensive. In Rennert the median monthly rent is $470, which comes out to $255 (54%) lower than Lumber Bridge.
Rockfish
Rockfish is about 7 miles north of Lumber Bridge. The housing prices there are somewhat more expensive. Rockfish's median home cost is $137,900, which comes out to $28,500 (20%) higher than Lumber Bridge. Its rents are a lot more expensive. In Rockfish the median monthly rent is $1,158, which comes out to $433 (37%) higher than Lumber Bridge.
St. Pauls
St. Pauls is roughly 7 miles southeast from Lumber Bridge. Housing prices there are substantially less expensive. The median home in St. Pauls costs $81,100, which is $28,300 (34%) lower than Lumber Bridge. Rent there is a little less expensive. In St. Pauls the median rent is $630 a month, which comes out to $95 (15%) lower than Lumber Bridge.
Hope Mills
Hope Mills is approximately 8 miles northeast from Lumber Bridge. Housing prices there are a little more expensive. The median home value in Hope Mills is $134,900, which works out to $25,500 (18%) higher than Lumber Bridge. Its rents are somewhat more expensive. Hope Mills's median rent is $928 a month, which comes out to $203 (21%) higher than Lumber Bridge.
