The Loray Village housing market is somewhat competitive. The median sale price of a home in Loray Village was $228K last month, up 15.9% since last year. The median sale price per square foot in Loray Village is $152, down 0.65% since last year.
What is the housing market like in Loray Village today?
In March 2024, Loray Village home prices were up 15.9% compared to last year, selling for a median price of $228K. On average, homes in Loray Village sell after 74 days on the market compared to 92 days last year. There were 4 homes sold in March this year, down from 10 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$228,000
+15.9% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
Loray Village, NC
$228,000
+15.9%
United States
To compare other locations to the Loray Village and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Gastonia add value to a home.
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How hot is the Loray Village housing market?
Loray Village is somewhat competitive. Homes sell in 41 days.
0
100
48
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 12 months
Some homes get multiple offers.
The average homes sell for about 4% below list price and go pending in around 41 days.
Hot homes
can sell for around list price and go pending in around 33 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 Loray Village housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Loray Village.
Risk Factor
Flood Factor - Moderate
15% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Loray Village has a moderate risk of flooding. 64 properties in Loray Village are likely to be
severely affected
by flooding over the next 30 years. This represents 15% of all properties in Loray Village. Flood risk is increasing slower than the national average.
10% of properties are at risk of wildfire over the next 30 years
Fire Factor
Loray Village has a moderate risk of wildfire. There are 73 properties in Loray Village that have some risk of being affected by wildfire over the next 30 years. This represents 10% of all properties in Loray Village.
68% of properties are at major
risk of a severe wind event over the next 30 years
Wind Factor
Loray Village has a Major Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Loray Village is most at risk from hurricanes. 498 properties in Loray Village 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 63 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 81 mph.