Median price for residential apartments in Lake Lure, NC as of Dec, 2022.
Take into account that the price depends on the location and condition of the apartment. The size and amenities might have a large influence on the asking price as well.
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452 Lake Lure, NC, USA apartments for sale
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Lake Lure
According to statistics, the population in Lake Lure, NC amounts to 1,418, which shows growth 4% compared to the previous year. The median age of the city’s residents is 63. The average household income is $63,125, shifting growth 4% from the past year, and the average property value in Lake Lure, NC growth 3% to $331,700 throughout the year.
| Population | 1,418 |
| Median Age | 63.1 |
| Poverty Rate | 6% |
| Household Income | $63,125 |
| Number Of Employees | 457 |
| Median Property Value | $331,700 |
Household Income
The average household income in Lake Lure, NC grew from $60,921 to $63,125 in the past year. This data is an estimate based upon 723 households in Lake Lure, NC . The chart below presents how household income is distributed in Lake Lure, NC in comparison to the revenue allocation amid households nationally.
Property Value
According to data from last year, the average property value in Lake Lure, NC shifted from $323,400 to $331,700 throughout the year. The subsequent graph indicates the share of properties in the given price range in Lake Lure, NC in comparison to the median property value in the same price segment across the country. According to the data, the greatest share of Lake Lure, NC properties falls in the '$300,000 to $399,999' range, which is higher than the most significant median property across the country.
Rent vs. Own
Property Taxes
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Lake Lure, NC compared to median property taxes around the country. The prevalent amount of property taxes in Lake Lure, NC equals $3000, which is less than the national average.
Housing Trends
How much does an apartment cost in Lake Lure, NC, USA
Average apartment sale in Lake Lure: $348,812 (-3.7%)
| Apartment Size | Dec | vs Last Month |
|---|---|---|
| Studio apartments | $60,631 | -22.6% |
| 1-bed apartments | $175,833 | -5% |
| 2-bed apartments | $526,133 | +0% |
| 3-bed apartments | $844,000 | -0.2% |
| 4+ bed apartments | $989,450 | +0% |
During Dec 2022, the average price for an apartment in/near Lake Lure, NC decreased by 3.7% to $348,812.
Knowing the current property prices is key if you plan to buy a studio in Lake Lure, NC. The average price for a studio has decreased since the last month, currently being $60,631. After collecting all data points, we now see that the average price for 1-bed apartment decreased by 5% to $175,833. Asking price for 2-bed apartment remains the same, a place of this size will still cost you $526,133. A 3-bed apartment goes for $844,000, it decreased by 0.2% lately. According to statistics, we now see that the 4- and more bed apartments pricing stays the same, so you can still face an estimate price around $989,450 for a big-family home.
| Listing Type | Dec | vs Last Month |
|---|---|---|
| Houses for sale | $726,545 | -2.5% |
| Land for sale | $60,631 | -22.6% |
| Lofts for sale | $769,500 | +0% |
Price reports demonstrate that house price decreased by 2.5% this month making it up to $726,545. The price statistics of lofts have not significantly changed, it now still goes for $769,500. The average price of the land for sale in Lake Lure, NC has decreased by 22.6%, and now equals $60,631.
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