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Featured local agent — Lake Norman of Iredell, NC

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Sarah Mitchell

CNESRESABR

Compass Real Estate · Lake Norman of Iredell, NC

“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”

Lake Norman of Iredell, NC(512) 555-0184TX License #0512847
Visit website →sarahmitchellhomes.com
5.0 · 47 reviews

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Lake Norman of Iredell, NC Housing Market & Real Estate

Buyer's market+18.6% YoY

Housing market overview · Updated monthly ·

$1.42Mmedian sale price

How is the Lake Norman of Iredell, NC housing market right now?

The median home sale price in Lake Norman of Iredell, NC is $1.42M, up 18.6% year-over-year. Homes sell in an average of 62 days with 105 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 Norman of Iredell a buyer's or seller's market?

Buyer's market5.8 months of supply62 avg. days on market

Lake Norman of Iredell, NC is currently a buyer's market, based on 5.8 months of supply and homes selling in about 62 days. How we determine this →

Homes sold

18

Last 12 weeks

Days on market

62

Average pace

Active listings

105

5.8 months supply

Sale-to-list

96.6%

Below asking

What does the Lake Norman of Iredell housing market data show?

Current housing market statistics for Lake Norman of Iredell, NC
MetricValue
Median sale price$1.42M
Median list price$1.77M
Year-over-year price change+18.6%
Average days on market62 days
Active inventory105 listings
Months of supply5.8 months
Sale-to-list price ratio96.6%
Median price per sq ft$300/sq ft
Homes sold (latest month)18
New listings (latest month)31
Listings with a price cut34.3%
Market conditionBuyer's market

Source: Redfin · Updated monthly

How much do homes cost in Lake Norman of Iredell by property type?

How the Lake Norman of Iredell, NC market breaks down across single-family homes, condos, and townhouses.

Median price, price per square foot, homes sold and days on market by property type in Lake Norman of Iredell, NC
Property typeMedian pricePrice / sq ftHomes soldDays on market
Single-family$1.46M$285/sq ft1762 days

Source: Redfin · Updated monthly

The Lake Norman of Iredell housing market is currently classified as a buyer's market with a median sale price of $1.42M. Prices have risen 18.6% compared to last year, with homes spending an average of 62 days on market, indicating 5.8 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.

Homes for sale in Lake Norman of Iredell

There are currently 105 homes listed for sale in Lake Norman of Iredell, North Carolina. The median listing price is $1.8M.

Active listings

105

Homes on market

Median list price

$1.8M

Avg. days on market

62

Days until sale

New this week

31

Newly listed

Price drops:34.3%of listings
Sale-to-list:96.6%

Who lives in Lake Norman of Iredell?

Population

12,496

Median income

$194,519/yr

Median age

47.7 years

Owner-occupied

95.5%

College grads

66.7%

Avg commute

30.7 min

Source: U.S. Census Bureau ACS

What is it like to live in Lake Norman of Iredell?

Lake Norman of Iredell is a community of approximately 12K residents with a median age of 47.7 years.The median household income is $194,519, which reflects a relatively affluent area with strong earning potential. 66.7% of residents hold a bachelor's degree or higher, indicating a highly educated population.

Homeownership rates are at 95.5%, reflecting strong community stability and long-term resident commitment. The average commute time is 30.7 minutes, which suggests a more suburban or rural location for those willing to commute longer distances.Overall, Lake Norman of Iredell offers a balanced lifestyle with accessible home values relative to local income levels.

Which cities are near Lake Norman of Iredell, NC?

Want a head-to-head view? Compare Lake Norman of Iredell 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 Norman of Iredell?

The median home sale price in Lake Norman of Iredell is $1.42M, up 18.6% from last year.

How long do homes stay on market in Lake Norman of Iredell?

Homes typically spend 62 days on market before going under contract.

What is the median income in Lake Norman of Iredell?

The median household income is $194,519 per year.

Is Lake Norman of Iredell a buyer's or seller's market?

With 5.8 months of supply, Lake Norman of Iredell is currently a buyer's market.

How much does a single-family home cost in Lake Norman of Iredell?

The median single-family home price in Lake Norman of Iredell, NC is $1.46M (about $285 per square foot).

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