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Featured local agent — Lake Norman of Iredell, NC
Sarah Mitchell
Compass Real Estate · Lake Norman of Iredell, NC
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Lake Norman of Iredell, NC Housing Market & Real Estate
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?
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?
| Metric | Value |
|---|---|
| Median sale price | $1.42M |
| Median list price | $1.77M |
| Year-over-year price change | +18.6% |
| Average days on market | 62 days |
| Active inventory | 105 listings |
| Months of supply | 5.8 months |
| Sale-to-list price ratio | 96.6% |
| Median price per sq ft | $300/sq ft |
| Homes sold (latest month) | 18 |
| New listings (latest month) | 31 |
| Listings with a price cut | 34.3% |
| Market condition | Buyer'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.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $1.46M | $285/sq ft | 17 | 62 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
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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