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Featured local agent — Lake Lure, NC
Sarah Mitchell
Compass Real Estate · Lake Lure, NC
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Lake Lure, NC Housing Market & Real Estate
Housing market overview · Updated monthly ·
$549,000median sale price
How is the Lake Lure, NC housing market right now?
The median home sale price in Lake Lure, NC is $549,000, up 39.9% year-over-year. Homes sell in an average of 78 days with 110 active listings. The market is currently a buyer's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Lake Lure a buyer's or seller's market?
Lake Lure, NC is currently a buyer's market, based on 10.0 months of supply and homes selling in about 78 days. How we determine this →
Homes sold
11
Last 12 weeks
Days on market
78
Average pace
Active listings
110
10.0 months supply
Sale-to-list
94.9%
Below asking
What does the Lake Lure housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $549,000 |
| Median list price | $549,000 |
| Year-over-year price change | +39.9% |
| Average days on market | 78 days |
| Active inventory | 110 listings |
| Months of supply | 10.0 months |
| Sale-to-list price ratio | 94.9% |
| Median price per sq ft | $275/sq ft |
| Homes sold (latest month) | 11 |
| New listings (latest month) | 20 |
| Listings with a price cut | 23.6% |
| Market condition | Buyer's market |
Source: Redfin · Updated monthly
How much do homes cost in Lake Lure by property type?
How the Lake Lure, NC market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $595,000 | $322/sq ft | 9 | 67 days |
| Condo / Co-op | $214,000 | $171/sq ft | 2 | 332 days |
| Townhouse | $215,000 | $185/sq ft | 1 | 364 days |
Source: Redfin · Updated monthly
The Lake Lure housing market is currently classified as a buyer's market with a median sale price of $549,000. Prices have risen 39.9% compared to last year, with homes spending an average of 78 days on market, indicating 10.0 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.The price-to-income ratio of 6.3x provides context for how home values compare to local earning capacity.
Homes for sale in Lake Lure
There are currently 110 homes listed for sale in Lake Lure, North Carolina. The median listing price is $549K.
Active listings
110
Homes on market
Median list price
$549K
Avg. days on market
78
Days until sale
New this week
20
Newly listed
Who lives in Lake Lure?
Population
1,488
Median income
$72,813/yr
Median age
61.8 years
Owner-occupied
86.2%
College grads
58.7%
Avg commute
38 min
Source: U.S. Census Bureau ACS
What are homes worth in Lake Lure?
Zillow home value
$458,149
Price-to-income
6.3x
Source: Zillow Research
What is it like to live in Lake Lure?
Lake Lure is a community of approximately 1K residents with a median age of 61.8 years.The median household income is $72,813, which represents a working-class community with solid middle-income opportunities. 58.7% of residents hold a bachelor's degree or higher, indicating a highly educated population.
Homeownership rates are at 86.2%, reflecting strong community stability and long-term resident commitment. The average commute time is 38 minutes, which suggests a more suburban or rural location for those willing to commute longer distances.Overall, Lake Lure offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Lake Lure?
1 schools tracked · 449 students
The largest public schools serving Lake Lure, NC by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
Lake Lure Classical Academy
Grades K-12 · 449 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Lake Lure, NC?
Want a head-to-head view? Compare Lake Lure side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Lake Lure?
The median home sale price in Lake Lure is $549,000, up 39.9% from last year.
How long do homes stay on market in Lake Lure?
Homes typically spend 78 days on market before going under contract.
What is the median income in Lake Lure?
The median household income is $72,813 per year.
Is Lake Lure a buyer's or seller's market?
With 10.0 months of supply, Lake Lure is currently a buyer's market.
What is the Zillow home value estimate for Lake Lure?
The Zillow Home Value Index (ZHVI) for Lake Lure is $458,149, representing the typical home value in the area.
What is the median condo price in Lake Lure?
The median condo/co-op sale price in Lake Lure, NC is $214,000, compared to $595,000 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Lake Lure?
The median single-family home price in Lake Lure, NC is $595,000 (about $322 per square foot).
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