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Lake Lure, NC

Full City Profile · North Carolina · Polk County County

3.7 /5.0
B+ Good
1,488 Population 113/sq mi density
$72,813 Median Income $66,090 per capita
$510,300 Home Value $441,953 Zillow
$778 Median Rent 31.3% income on rent
59°F Avg Temperature 301 sunny days/yr
B+
Overall
3.7 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.4 / 5.0
$72,813 median income, 1.2% unemployment
C+
Affordability
2.7 / 5.0
$510,300 home value, $778/mo rent
C+
Safety
2.5 / 5.0
0 violent crimes/100K
A+
Education
5.0 / 5.0
58.7% bachelor's degree or higher

Housing Overview

Median Home Value
$510,300
81% above
US avg: $281,900
Median Rent
$778/mo
33% below
US avg: $1,163/mo
Homeownership Rate
86.2%
32% above US avg (65.4%)
Total Housing Units
2,242
Median year built: 1987

Home Value by Source

Census Median
$510,300
Zillow (ZHVI)
$441,953
Median Sale Price
$581,250
Median List Price
$475,000
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

86.2%
Owner-Occupied
13.8%
Renter-Occupied
86%
14%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$932/mo
1 Bedroom
$981/mo
2 Bedroom
$1,161/mo
3 Bedroom
$1,499/mo
4 Bedroom
$1,780/mo
Census median rent: $778/mo

Market Indicators (Redfin)

Median Days on Market
210 days
Sale-to-List Ratio
1.1%
Buyers market
Homes Sold
2
Price Drops
8.6%
of listings with price reduction
Price Per Sq Ft
$252
Active Inventory
58
homes for sale

Affordability & Housing Stock

Rent Burden
31.3%
of renters spending 30%+ of income on housing
1% above US avg (31.0%)
Median Year Built
1987
Average age of housing stock: 39 years
Homeownership Rate
86.2%

Complete Housing Data

Home Values

Census Median Value$510,300
Zillow Home Value (ZHVI)$441,953
Median Sale Price$581,250
Median List Price$475,000
Price Per Sq Ft$252

Rent

Census Median Rent$778
FMR Studio$932
FMR 1-Bedroom$981
FMR 2-Bedroom$1,161
FMR 3-Bedroom$1,499
FMR 4-Bedroom$1,780

Market

Days on Market210
Sale-to-List Ratio1.1%
Price Drops8.6%
Homes Sold2
Active Inventory58
Price Per Sq Ft$252

Ownership & Stock

Owner-Occupied86.2%
Renter-Occupied13.8%
Homeownership Rate86.2%
Total Housing Units2,242
Median Year Built1987
Rent Burden31.3%