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Lake Lure town, NC

ZIP 28746 — Housing & Real Estate

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Middle ClassLow Snow AreaRemote Work Hub

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 28746

Median Home Value
$433,100
Median Rent
$748
Affordability Snapshot
$119,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$2,782/mo PITI).

14%
Rent-to-Income Ratio

Below the 30% threshold — generally affordable for median earners.

6.6x
Home Price-to-Income Ratio

Well above the 3-5x guideline — challenging for first-time buyers.

48.3 yrs
Price-to-Rent Ratio

Years to break even buying vs renting at median home value and rent.

To comfortably buy a median-priced home in ZIP 28746 in Lake Lure town, NC, a household would need roughly $119,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $2,782. That is about 81% above the local median household income ($65,703), so the median earner would likely stretch or need a larger down payment. Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Vacancy rate 59% — check local market conditions.

Heating Fuel
Housing Metrics
Owner Occupied
86.7%+33% vs US avg
x
Vacancy Rate
58.7%+470% vs US avg
x
Broadband Access
85.4%-2% vs US avg
x
4+ Bedrooms
3.9%-74% vs US avg
x
Built Pre-1939
4.3%-66% vs US avg
x
Built Post-2014
0.9%-86% vs US avg
x
Rent Burden >30%
29.1%-41% vs US avg
x
Mortgage-Free
50.1%+31% vs US avg
x
$433,100
Home Value
$748
Rent
1989
Year Built
2012
Moved In

Residents have lived here since ~2012 on average

Housing Structure

Census ACS structure types (single-family, multi-unit, etc.).

  • 1-unit detached77.2%
  • 1-unit attached4.5%
  • 2-9 units15.7%
  • 10+ units0.2%
  • Mobile home & other2.4%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$433,100
Median rent$748
Owner-occupied86.7%
Vacant58.7%
Price-to-income6.6x
Est. income to buy$119,000