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Lake Park, NC

Full City Profile · North Carolina · Mecklenburg County County

3.6 /5.0
B+ Good
3,365 Population 4,547/sq mi density
$76,366 Median Income $34,863 per capita
$296,400 Home Value $371,382 Zillow
$1,875 Median Rent 42.2% income on rent
61°F Avg Temperature 320 sunny days/yr
121 Violent Crime/100K 1,253 property/100K
B+
Overall
3.6 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.5 / 5.0
$76,366 median income, 1.6% unemployment
A
Affordability
4.5 / 5.0
$296,400 home value, $1,875/mo rent
F
Safety
1.0 / 5.0
121 violent crimes/100K
A
Education
4.4 / 5.0
42.5% bachelor's degree or higher

Housing Overview

Median Home Value
$296,400
5% above
US avg: $281,900
Median Rent
$1,875/mo
61% above
US avg: $1,163/mo
Homeownership Rate
80.0%
22% above US avg (65.4%)
Total Housing Units
1,319
Median year built: 1997

Home Value by Source

Census Median
$296,400
Zillow (ZHVI)
$371,382
Median Sale Price
$300,000
Median List Price
$378,900
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

80.0%
Owner-Occupied
20.0%
Renter-Occupied
80%
20%
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: $1,875/mo

Market Indicators (Redfin)

Median Days on Market
126 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
7
Price Drops
25.0%
of listings with price reduction
Price Per Sq Ft
$188
Active Inventory
8
homes for sale

Affordability & Housing Stock

Rent Burden
42.2%
of renters spending 30%+ of income on housing
36% above US avg (31.0%)
Median Year Built
1997
Average age of housing stock: 29 years
Homeownership Rate
80.0%

Complete Housing Data

Home Values

Census Median Value$296,400
Zillow Home Value (ZHVI)$371,382
Median Sale Price$300,000
Median List Price$378,900
Price Per Sq Ft$188

Rent

Census Median Rent$1,875
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 Market126
Sale-to-List Ratio1.0%
Price Drops25.0%
Homes Sold7
Active Inventory8
Price Per Sq Ft$188

Ownership & Stock

Owner-Occupied80.0%
Renter-Occupied20.0%
Homeownership Rate80.0%
Total Housing Units1,319
Median Year Built1997
Rent Burden42.2%