Lenoir, NC

Buyer's market-6.7% YoY

Housing market overview · Updated weekly

$194,000median sale price

Homes sold

9

Last 12 weeks

Days on market

78

Average pace

Active listings

77

8.6 months supply

Sale-to-list

97.3%

Below asking

The Lenoir housing market is currently classified as a buyer's market with a median sale price of $194,000. Prices have fallen 6.7% compared to last year, with homes spending an average of 78 days on market, indicating 8.6 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.

Market trends

Homes for sale in Lenoir

There are currently 77 homes listed for sale in Lenoir, Nc. The median listing price is $340K.

Active listings

77

Homes on market

Median list price

$340K

Avg. days on market

78

Days until sale

New this week

13

Newly listed

Price drops:27.3%of listings
Sale-to-list:97.3%

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Frequently asked questions

What is the average home price in Lenoir?

The median home sale price in Lenoir is $194,000, down 6.7% from last year.

How long do homes stay on market in Lenoir?

Homes typically spend 78 days on market before going under contract.

Is Lenoir a buyer's or seller's market?

With 8.6 months of supply, Lenoir is currently a buyer's market.

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