At a Zillow county median home value of $149,140, Lunenburg presents a price-appreciation versus income-verification tension: buyers able to validate local leases and flood exposure should investigate, while income-led buyers should be cautious because no measured market rent is published. Zillow’s June 2026 value rose 1.87% year over year; the FHFA repeat-transaction HPI’s 2025 annual reading rose 1.71%. These are distinct methods and supplied periods: the HPI corroborates direction, not a dollar home value or a rate to blend with Zillow.
Carrying costs are observable, but revenue is not. The effective property-tax rate is 0.39%, and median annual property tax is $578. HUD’s two-bedroom FMR is $914 per month, but it is a payment standard rather than market asking rent. It must not be substituted for rent, so gross yield cannot be computed. Operating expenses, insurance quotes, vacancy, and property-specific assessments are not published, preventing a net-cash-flow conclusion.
The 2025 QCEW record shows 2,363 annual-average covered jobs located at county workplaces and a $925 average weekly covered-worker wage; it is neither resident employment nor unemployment data. Education and health services is the largest disclosed private supersector, not a description of the whole economy. The reported migration balance is an outflow of 10 households, although arriving movers’ average AGI exceeded departing movers’ by the supplied $5,935 calculation. That composition is not proof of tenant demand. Investor-linked purchase mortgages were 7.69% of 91 purchases, showing some nonoccupant participation but not the depth of all-cash or owner-occupant competition.
Inland flood is the dominant hazard, and the modeled climate-loss ratio is 0.09% of building value annually. That is a modeled value share, not a dollar loss; parcel-level flood maps, insurance terms, elevation, and condition remain necessary checks. No Realtor.com listing figures are published, preventing an MLS read on asking prices, active supply, marketing time, or seller price-reduction concessions. Obtain lease comparables, property operating records, insurance pricing, and parcel-specific hazard review before making an income or risk conclusion.