The Lower Peninsula housing market is somewhat competitive. The median sale price of a home in Lower Peninsula was $1.2M last month, up 139.0% since last year. The median sale price per square foot in Lower Peninsula is $262, up 20.1% since last year.
What is the housing market like in Lower Peninsula today?
In April 2024, Lower Peninsula home prices were up 139.0% compared to last year, selling for a median price of $1.2M. On average, homes in Lower Peninsula sell after 44 days on the market compared to 29 days last year. There were 12 homes sold in April this year, up from 7 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$1,171,250
+139.0% YoY | Apr 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Apr 2024
Growth
% YoY
Lower Peninsula, NC
$1,171,250
+139.0%
United States
To compare other locations to the Lower Peninsula and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Belmont add value to a home.
How much is your home worth? Track your home’s value and compare it to nearby sales.
How hot is the Lower Peninsula housing market?
Lower Peninsula is somewhat competitive. Homes sell in 36 days.
0
100
61
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 9 months
Some homes get multiple offers.
The average homes sell for about 1% below list price and go pending in around 36 days.
Hot homes
can sell for about 3% above list price and go pending in around 14 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 Lower Peninsula housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Lower Peninsula.
Risk Factor
Flood Factor - Extreme
29% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Lower Peninsula has an extreme risk of flooding. 299 properties in Lower Peninsula are likely to be
severely affected
by flooding over the next 30 years. This represents 29% of all properties in Lower Peninsula. Flood risk is increasing slower than the national average.
94% of properties are at risk of wildfire over the next 30 years
Fire Factor
Lower Peninsula has a moderate risk of wildfire. There are 1,094 properties in Lower Peninsula that have some risk of being affected by wildfire over the next 30 years. This represents 94% of all properties in Lower Peninsula.
100% of properties are at major
risk of a severe wind event over the next 30 years
Wind Factor
Lower Peninsula has a Major Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Lower Peninsula is most at risk from hurricanes. 1,162 properties in Lower Peninsula 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 67 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 86 mph.
100% of properties are at major
risk of heat over the next 30 years
Heat Factor
Lower Peninsula has a major risk from heat. This is due to
"feels like" temperatures
increasing, and because 100% of homes in Lower Peninsula have a Major Heat Factor®.
Lower Peninsula is expected to see a 128% increase in the number of days over 104ºF over the next 30 years. Lower Peninsula is expected to experience 6