Lake Lure, NC housing market
The typical Lake Lure home is worth about $447,000, up 0.6% in a year, 33% above the North Carolina typical home. Homes typically sell in 78 days, below asking.
Home values, sales, trends and how Lake Lure compares with the towns next door — updated as new data is published.
Lake Lure at a glance
A buyer's market
More homes are for sale than are selling — about 10 months of supply. Buyers have room to negotiate.
Typical home value, 2016–2026
Show as a table
| January | Lake Lure | North Carolina |
|---|---|---|
| 2017 | $217,000 | $179,000 |
| 2018 | $235,000 | $190,000 |
| 2019 | $254,000 | $203,000 |
| 2020 | $261,000 | $215,000 |
| 2021 | $292,000 | $242,000 |
| 2022 | $380,000 | $287,000 |
| 2023 | $429,000 | $320,000 |
| 2024 | $447,000 | $332,000 |
| 2025 | $448,000 | $338,000 |
| 2026 | $448,000 | $336,000 |
| August 2026 | $447,000 | $335,000 |
Lake Lure and its neighbors
| Town | Typical value | 1-yr change | 2-bed rent | Median income |
|---|---|---|---|---|
| Lake Lure | $447K | +0.6% | $1,370 | $80,357 |
| Chimney Rock Village | — | — | $1,390 | $64,375 |
5.6 years of income
The typical Lake Lure home costs about 5.6 years of the town's median household income, more than across North Carolina (4.6 years).
Home value ÷ ACS median household income.
Owners, rent & taxes
U.S. Census Bureau, ACS 2020-2024.
A two-bedroom rents for about $1,370
HUD's Fair Market Rent for a two-bedroom in Lake Lure is $1,370 a month, utilities included: roughly what a modest, recently rented unit costs. Renters already in Lake Lure pay a median of $786, so moving in tends to cost more than staying put. A two-bedroom takes about 20% of the town's median household income.
Studio $1,170 · 4 bedrooms $2,320
U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (28746; Asheville, NC MSA), weighted by land area. A Fair Market Rent is the 40th-percentile rent plus utilities for a standard unit. Median rent: U.S. Census Bureau, American Community Survey.
Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. Sales, days on market and supply: Redfin Data Center, May 2026. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers.