Housing & Real Estate — Lake Royale, North Carolina

Overview

Total Housing Units2,099
Occupied1,304
Vacant795
Owner-Occupied1,207
Renter-Occupied97
Median Home Value (Census)$280,400
Estimated 2026~$325,000
Median Rent$1,144/mo
Median Property Tax$1,604/yr

Affordability

Home Price to Income RatioN/Ax
Home Affordabilityaffordable
Rent as % of Income12.7%
Severely Rent-Burdened11.9%

Housing Age

Built 2010 or later531
Built 2000-2009566
Built 1990-1999643
Built before 19600
Median Year Built2001
Sources: Census ACS 5-Year 2023; Census ACS 5-Year 2023, B25077; HUD FMR FY2026.