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Lake Norman of Catawba, NC
Full City Profile · North Carolina · Iredell County County
3.6
/5.0
B+
Good
9,308
Population
386/sq mi density
$106,836
Median Income
$65,368 per capita
$522,300
Home Value
$545,692 Zillow
$1,246
Median Rent
26.1% income on rent
57°F
Avg Temperature
310 sunny days/yr
162
Violent Crime/100K
3,734 property/100K
B+
Overall
3.6 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
5.0 / 5.0
$106,836 median income, 1.9% unemployment
B+
Affordability
3.9 / 5.0
$522,300 home value, $1,246/mo rent
F
Safety
1.0 / 5.0
162 violent crimes/100K
A
Education
4.4 / 5.0
42.6% bachelor's degree or higher
Housing Overview
Median Home Value
$522,300
85% above
US avg: $281,900
Median Rent
$1,246/mo
7% above
US avg: $1,163/mo
Homeownership Rate
88.7%
36% above US avg (65.4%)
Total Housing Units
4,472
Median year built: 1999
Home Value by Source
Census Median
$522,300
Zillow (ZHVI)
$545,692
Median Sale Price
$485,000
Median List Price
$557,000
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
88.7%
Owner-Occupied
11.3%
Renter-Occupied
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:
$1,246/mo
Market Indicators (Redfin)
Median Days on Market
112 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
20
Price Drops
17.1%
of listings with price reduction
Price Per Sq Ft
$217
Active Inventory
82
homes for sale
Affordability & Housing Stock
Rent Burden
26.1%
of renters spending 30%+ of income on housing
16% below US avg (31.0%)
Median Year Built
1999
Average age of housing stock: 27 years
Homeownership Rate
88.7%
Complete Housing Data
Home Values
| Census Median Value | $522,300 |
| Zillow Home Value (ZHVI) | $545,692 |
| Median Sale Price | $485,000 |
| Median List Price | $557,000 |
| Price Per Sq Ft | $217 |
Rent
| Census Median Rent | $1,246 |
| 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 Market | 112 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 17.1% |
| Homes Sold | 20 |
| Active Inventory | 82 |
| Price Per Sq Ft | $217 |
Ownership & Stock
| Owner-Occupied | 88.7% |
| Renter-Occupied | 11.3% |
| Homeownership Rate | 88.7% |
| Total Housing Units | 4,472 |
| Median Year Built | 1999 |
| Rent Burden | 26.1% |