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Cheap Homes in Lake Lure, NC

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Lake Lure, NC Foreclosures

How much do homes sell for in Lake Lure, NC?
The average home price is currently $591,837.
What’s the average rental cost in Lake Lure, NC?
The average rental price in Lake Lure is $1,436.
What is the most expensive home in Lake Lure?
The most expensive home sold in Lake Lure had a price of $26,389,052.
What is currently the cheapest priced home in Lake Lure, NC?
The cheapest home for sale in Lake Lure is priced at $6,856.

Living in Lake Lure, NC

Lake Lure is a picturesque town located in the foothills of the Blue Ridge Mountains. Known for its scenic lake and outdoor recreational opportunities, this charming community offers a perfect blend of relaxation and adventure. Residents enjoy a close-knit atmosphere with access to stunning natural beauty and a variety of amenities.

Current Market Conditions in Lake Lure, NC

Lake Lure's real estate market has remained stable, showing signs of consistent demand, particularly for lakefront properties. The town's charm and the demand for vacation homes have contributed to an uptick in property values, making it an attractive investment for those looking for serene retreats or rental properties.

Current trends indicate a growing interest in vacation rentals, as more people seek peaceful getaways in nature. As a result, the short-term rental market is competitive, with significant interest from both investors and homebuyers.

Home Value Estimator For Lake Lure, NC

There are currently 3,058 real estate properties in Lake Lure, NC, with a median automated valuation model (AVM) price of $469,702.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Lake Lure, NC, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Lake Lure, NC, is $591,837.00, with the most expensive house in Lake Lure, NC, topping out at $26,389,052.00 and the cheapest home in Lake Lure, NC, clocking in at $6,856.00. In other words, there’s something for every potential homebuyer or savvy investor in Lake Lure, NC!

Rent Prices In Lake Lure, NC

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Lake Lure, NC, is on a rollercoaster ride. The average rent price in Lake Lure, NC, is $1,436.00. Indeed, when looking to rent in Lake Lure, NC, you can expect to pay as little as $480.00 or as much as $3,380.00, with the average rent median estimated to be $1,430.00. The good news is that finding an affordable and desirable property to rent in Lake Lure, NC -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Cheap Homes in Lake Lure, NC


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