Lake Lure, NC is an attractive area for housing with a median value of $437,200. This is significantly higher than the US median house value of $338,100 and shows great potential for investment. Additionally, the 1 year appreciation rate for houses in Lake Lure was 18.83%, far higher than the national average of 8.27%. This makes the area highly desirable for those looking to buy or invest in real estate.
The median home cost in Lake Lure is $437,200. Home appreciation the last 10 years has been 106.2%. Home Appreciation in Lake Lure is up 22.1%.
Average Age of Homes
- The median age of Lake Lure real estate is 31 years old
The Rental Market in Lake Lure
- Renters make up 7.4% of the Lake Lure population
- 15.3% of houses and apartments in Lake Lure, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.