Lenoir, NC Housing


3 Reviews



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The housing market in Lenoir, NC is flourishing. The median value of homes in the area is currently $184,500, which is significantly lower than the US House Median Value of $338,100. What's more, over the last year there has been an 8.27% average appreciation rate for US houses and a remarkable 18.74% appreciation rate for those located in Lenoir, NC. This indicates that now is a great time to invest in the real estate market in Lenoir as it looks like values are only going to rise further.

The median home cost in Lenoir is $184,500. Home appreciation the last 10 years has been 92.8%. Home Appreciation in Lenoir is up 24.0%.

Average Age of Homes
- The median age of Lenoir real estate is 48 years old
The Rental Market in Lenoir
- Renters make up 29.4% of the Lenoir population
- 1.8% of houses and apartments in Lenoir, 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.

Median Monthly Rent by Number of Bedrooms

   Housing by Year Built

  HousingLenoir, North CarolinaUnited States
  8,493.0139,647,020.0
  5042
  $184,500$338,100
  24.0%16.6%
  75.5%57.0%
  92.8%101.1%
  $7.08$10.98
  $1,213$2,690
  53.6%57.4%
  12.9%11.2%
  33.5%31.4%
  Vacant Housing
  1.8%1.9%
  0.0%0.4%
  2.0%0.7%
  0.0%0.4%
  0.4%3.6%
  8.7%4.1%
  Value of Owner-Occupied Housing
  2.4%2.6%
  2.6%2.4%
  13.2%2.8%
  6.9%3.9%
  14.5%4.5%
  19.9%11.3%
  19.2%13.0%
  15.7%20.1%
  4.1%13.6%
  1.0%8.3%
  0.3%9.7%
  0.0%3.9%
  0.2%2.2%
  0.0%0.8%
  0.0%1.1%
  Housing Units by Year Structure Built
  0.2%0.2%
  6.3%13.6%
  6.3%13.6%
  13.2%13.6%
  11.9%13.2%
  16.2%14.8%
  13.2%13.6%
  13.7%10.0%
  10.2%4.7%
  10.9%12.2%
Reviews for Lenoir
    See all (3)

Over 6 years ago

I wrote a positive review of Lenoir 4 years ago and my opinion of the town has nothing but improved since living here over time. They've added a new movie theater, new  More

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Over 10 years ago

I know the unemployment rate in Lenoir is not superb, but the lifestyle here is wonderful! I've lived outside Chicago, rural Oklahoma and New Hampshire, outside Ft.  More

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As a lifelong resident, one of the primary reasons I remained here was the abundance of employment. But in the late 90's we began a slow downturn, until many of the  More

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