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Lake Norman of Iredell, NC
Full City Profile · North Carolina · Iredell County County
3.8
/5.0
B+
Good
12,496
Population
1,238/sq mi density
$194,519
Median Income
$91,550 per capita
$839,900
Home Value
$520,997 Zillow
$1,272
Median Rent
22.2% income on rent
57°F
Avg Temperature
310 sunny days/yr
120
Violent Crime/100K
1,409 property/100K
B+
Overall
3.8 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
5.0 / 5.0
$194,519 median income, 1.5% unemployment
A
Affordability
4.2 / 5.0
$839,900 home value, $1,272/mo rent
F
Safety
1.0 / 5.0
120 violent crimes/100K
A+
Education
5.0 / 5.0
66.7% bachelor's degree or higher
Housing Overview
Median Home Value
$839,900
198% above
US avg: $281,900
Median Rent
$1,272/mo
9% above
US avg: $1,163/mo
Homeownership Rate
95.5%
46% above US avg (65.4%)
Total Housing Units
5,032
Median year built: 2002
Home Value by Source
Census Median
$839,900
Zillow (ZHVI)
$520,997
Median Sale Price
$1,152,500
Median List Price
$1,817,000
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
95.5%
Owner-Occupied
4.5%
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:
$1,272/mo
Market Indicators (Redfin)
Median Days on Market
97 days
Sale-to-List Ratio
0.9%
Buyers market
Homes Sold
14
Price Drops
16.1%
of listings with price reduction
Price Per Sq Ft
$280
Active Inventory
56
homes for sale
Affordability & Housing Stock
Rent Burden
22.2%
of renters spending 30%+ of income on housing
28% below US avg (31.0%)
Median Year Built
2002
Average age of housing stock: 24 years
Homeownership Rate
95.5%
Complete Housing Data
Home Values
| Census Median Value | $839,900 |
| Zillow Home Value (ZHVI) | $520,997 |
| Median Sale Price | $1,152,500 |
| Median List Price | $1,817,000 |
| Price Per Sq Ft | $280 |
Rent
| Census Median Rent | $1,272 |
| 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 | 97 |
| Sale-to-List Ratio | 0.9% |
| Price Drops | 16.1% |
| Homes Sold | 14 |
| Active Inventory | 56 |
| Price Per Sq Ft | $280 |
Ownership & Stock
| Owner-Occupied | 95.5% |
| Renter-Occupied | 4.5% |
| Homeownership Rate | 95.5% |
| Total Housing Units | 5,032 |
| Median Year Built | 2002 |
| Rent Burden | 22.2% |