Housing in Lake Royale, NC
Home values, rent, ownership rates, and housing market data
Housing Market Snapshot
Source: Redfin — January 2026Median Sale Price
$340,000
Median List Price
$389,000
Price Per Sq Ft
$198
Days on Market
93
Active Inventory
37
Months of Supply
6.2
Buyer's market
Price Trends
Source: RedfinMarket Competitiveness
Source: RedfinSold Above List
16.7%
Off Market in 2 Weeks
0.0%
Sale-to-List Ratio
98.7%
Buyer's market
Market Activity
Source: RedfinHomes Sold
6
New Listings
7
Pending Sales
5
Price Per Square Foot
Source: RedfinMedian Sale $/SF
$198
Median List $/SF
$187
Lake Royale vs Similar Cities
Source: Census ACS / Redfin (2023)Compared to cities with under 10,000 residents. Lake Royale is highlighted.
Median Home Value
Median Rent
Median Price Per Sq Ft
Rent Burden
Census Housing Data
Source: U.S. Census Bureau ACS (2023)Median Home Value
$263,000
Median Rent
$1,144
Total Housing Units
2,099
Vacancy Rate
37.9%
Owner Occupied
92.6%
Renter Occupied
7.4%
Median Property Tax
$1,664
per year
Monthly Cost (w/ Mortgage)
$1,237
Housing Types
The current median sale price in Lake Royale, NC is $340,000 according to Redfin data. Homes spend a median of 93 days on the market. 16.7% of homes sold above asking price. The market has 6.2 months of supply. The median price per square foot is $198. The median rent is $1,144 per month (Census ACS). About 92.6% of housing units are owner-occupied. The median year homes were built is 1998. There are 2,099 total housing units.