The Lochmere housing market is somewhat competitive. The median sale price of a home in Lochmere was $800K last month, up 21.4% since last year. The median sale price per square foot in Lochmere is $252, up 4.3% since last year.
What is the housing market like in Lochmere today?
In March 2024, Lochmere home prices were up 21.4% compared to last year, selling for a median price of $800K. On average, homes in Lochmere sell after 54 days on the market compared to 40 days last year. There were 15 homes sold in March this year, down from 16 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$800,000
+21.4% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
Lochmere, NC
$800,000
+21.4%
United States
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How hot is the Lochmere housing market?
Lochmere is somewhat competitive. Homes sell in 27.5 days.
0
100
69
Somewhat Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 6 months
Some homes get multiple offers.
The average homes sell for around list price and go pending in around 28 days.
Hot homes
can sell for about 6% above list price and go pending in around 4 days.
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Lochmere housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Lochmere.
Risk Factor
Flood Factor - Moderate
12% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Lochmere has a moderate risk of flooding. 165 properties in Lochmere are likely to be
severely affected
by flooding over the next 30 years. This represents 12% of all properties in Lochmere. Flood risk is increasing slower than the national average.
54% of properties are at risk of wildfire over the next 30 years
Fire Factor
Lochmere has a moderate risk of wildfire. There are 1,131 properties in Lochmere that have some risk of being affected by wildfire over the next 30 years. This represents 54% of all properties in Lochmere.
100% of properties are at major
risk of a severe wind event over the next 30 years
Wind Factor
Lochmere has a Major Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Lochmere is most at risk from hurricanes. 2,076 properties in Lochmere have some risk of being in a severe wind event within the next 30 years.
Wind likelihood over time
If an exceedingly rare windstorm
(a 1-in-3,000 year storm event)
occurred today, it could cause wind gusts of up to 87 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 100 mph.