All Home Types
Lake Royale, NC Housing Market
What is the housing market like in Lake Royale today?
In February 2025, Lake Royale home prices were down 20.6% compared to last year, selling for a median price of $285K. On average, homes in Lake Royale sell after 145 days on the market compared to 103 days last year. There were 8 homes sold in February this year, down from 13 last year.
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$284,950
-20.6% YoY | Feb 2025
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Feb 2025
Growth
% YoY
Lake Royale, NC
$284,950
-20.6%
United States
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Lake Royale Migration & Relocation Trends
In Dec '24 - Feb '25, 28% of Lake Royale homebuyers searched to move out of Lake Royale, while 72% looked to stay within the metropolitan area.
- Across the nation, 0.98% of homebuyers searched to move into Lake Royale from outside metros.
- Washington homebuyers searched to move into Lake Royale more than any other metro followed by New York and Fayetteville.
Where are people moving to Lake Royale from?
- 72% of Lake Royale homebuyers searched to stay within the Lake Royale metropolitan area.
- Myrtle Beach was the most popular destination among Lake Royale homebuyers followed by Wilmington and New Bern.
Where are people from Lake Royale moving to?
Number of People Moving to Lake Royale
least
most
People are moving to Lake Royale from
| Inbound | Net inflow | ||
|---|---|---|---|
| Metros | Dec '24 - Feb '25 | ||
| 1 | 973 | ||
| 2 | 707 | ||
| 3 | 663 | ||
| 4 | 543 | ||
| 5 | 433 | ||
| 6 | 407 | ||
| 7 | 370 | ||
| 8 | 320 | ||
| 9 | 274 | ||
| 10 | 225 | ||
People are leaving Lake Royale for
| Outbound | Net outflow | ||
|---|---|---|---|
| Metros | Dec '24 - Feb '25 | ||
| 1 | 286 | ||
| 2 | 174 | ||
| 3 | 136 | ||
| 4 | 129 | ||
| 5 | 120 | ||
| 6 | 88 | ||
| 7 | 77 | ||
| 8 | 45 | ||
| 9 | 37 | ||
| 10 | 27 | ||
Methodology
This data does not reflect actual moves. The latest migration analysis is based on a sample of about two
million Redfin.com users who searched for homes across more than 100 metro areas. To be included in this dataset, a Redfin.com user
must have viewed at least 10 homes in a three month period. This dataset excludes all rentals data.
Recently sold homes
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that could impact homes in Lake Royale.
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