Housing & Real Estate — Lake Norman of Iredell, North Carolina
Overview
| Total Housing Units | 5,087 |
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| Occupied | 4,348 |
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| Vacant | 739 |
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| Owner-Occupied | 4,153 |
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| Renter-Occupied | 195 |
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| Median Home Value (Census) | $887,400 |
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| Estimated 2026 | ~$1,010,000 |
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| Median Rent | $1,272/mo |
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| Median Property Tax | $4,228/yr |
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Affordability
| Home Price to Income Ratio | N/Ax |
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| Home Affordability | expensive |
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| Rent as % of Income | 8.8% |
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| Severely Rent-Burdened | 42.8% |
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Housing Age
| Built 2010 or later | 1,076 |
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| Built 2000-2009 | 2,010 |
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| Built 1990-1999 | 1,246 |
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| Built before 1960 | 57 |
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| Median Year Built | 2002 |
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Sources: Census ACS 5-Year 2023; Census ACS 5-Year 2023, B25077; HUD FMR FY2026.
