Home prices
The median home in Lambertville is valued at $395,900. Compared to its surrounding areas it is roughly $63,100 (13%) lower.It is about $178,400 (82%) higher in comparison to the rest of the country, and it is roughly $210,100 (34%) lower compared to the city of New York.
Rents
The median rent in Lambertville is $1,328 per month. This is about $248 (15%) lower in comparison to the surrounding areas.In comparison to the nation as a whole it is roughly $266 (25%) higher, and in comparison to the city of New York it is roughly $115 (7%) lower.
Nearby places
New Hope
New Hope is Lambertville's neighbor to the southwest. The real estate prices there are a lot more expensive. The median home in New Hope costs $589,700, which is $193,800 (32%) higher than Lambertville. Its rents are fairly similar. The median monthly rent in New Hope is $1,330, which is very similar to Lambertville.
Stockton
Stockton is about 2 miles northwest of Lambertville. Real estate prices there are somewhat less expensive. Stockton's median home cost is $371,000, which comes out to $24,900 (6%) lower than Lambertville. Rent there is somewhat more expensive. Stockton's median rent is $1,564 a month, which works out to $236 (15%) higher than Lambertville.
Newtown Grant
Newtown Grant is roughly 7 miles south of Lambertville. Real estate prices there are a bit less expensive. The median home cost in Newtown Grant is $357,600, which is $38,300 (10%) lower than Lambertville. The rent there is a bit more expensive. In Newtown Grant the median rent is $1,842 per month, which is $514 (27%) higher than Lambertville.
Pennington
Pennington is roughly 7 miles southeast from Lambertville. Its housing prices are a little more expensive. The median home in Pennington is valued at $564,000, which is $168,100 (29%) higher than Lambertville. Rents there are somewhat more expensive. Pennington's median monthly rent is $1,539, which works out to $211 (13%) higher than Lambertville.
Hopewell
Hopewell is roughly 8 miles east of Lambertville. The housing prices there are similar. The median home in Hopewell costs $412,700, which works out to $16,800 (4%) higher than Lambertville. The rent there is somewhat more expensive. Hopewell's median monthly rent is $1,605, which works out to $277 (17%) higher than Lambertville.