The typical home value in
Lake Norman of Iredell
is projected to be
$1,388,000
for the month of
July.
June’s
finalized data reported the typical value of a home in the
city
to be
$1,325,000—up
38.45%
over the previous 12 months.
For comparison,
county-level
data pegged home values at
$395,000
in
Iredell County
for the most recent reporting period.
That number is expected to float around
$393,000
in
July.
Lake Norman of Iredell
had
72
active listings in
June,
including
22
new listings. Overall, active listings were
down
10.0%
from the previous month.
Of those
72
active listings,
40.28%
reduced their price in the month of
June.
The median listing price for homes in
Lake Norman of Iredell
fell
20.0%
from
May
to
June,
bringing the current median listing price to
$999,950.
Based on projected data for
July,
listing prices may continue to
fall.
The number of days that homes have been on the market prior to going under contract
rose
year-over-year. In
June 2025,
the median time for a listed property to go pending was
35
days, compared to
23
days in
June 2024.
In recent months the median number of days from listed to pending appears to be increasing.
That trend is predicted to have carried through to this
July.