Lake Norman Ranked Biggest Lake-Front Housing Market
A recent article by Charlotte Stories has Lake Norman ranked as the biggest Lake Front Housing Market in the South East. Read the full story below.
The Lake Norman real estate market is now valued at over $840 million, making it the #1 biggest lake-front market in the South East.
The Fall 2016 Lake Market Report was conducted by the Alabama-based Lake Homes Realty Company. They collected data from 46 MLSs spanning 9 South Eastern states stretching from Texas to Virginia.
Out of all the lakes in the nine states, Lake Norman was found to have the biggest overall market, with Austin Texas’ Lake Travis coming in second at $787 million, and Atlanta’s Lake Lanier coming in third at $567 million.
Lake Norman Housing Market
One of the biggest reasons the Lake Norman real estate market is so large is that it attracts a substantially high number of out-of-state and international buyers looking for a vacation home, due to its temperate climate, distance to an international airport, and distance to the mountains and beaches.
The Lake Homes Report also indicated that a whopping 42% of all of North Carolina’s lakefront real estate is found on Lake Norman. Metro Charlotte’s other lake, Lake Wylie,, by comparison, only comprised about 6.7% of North Carolina’s lakefront real estate.
Stunning Waterfront home in The Point with brand new Pool installed in 2022! Enjoy lake living at it's best in this 5,835 sq ft home on three levels overlooking Lake Norman, your own beach and new pool with hot tub & travertine patio. The lake fun continues with deeded boat slip steps away in Pier 'O'. Gourmet kitchen for those who love to cook has Viking range and Viking wall-oven with new Quartz counter tops. The kitchen has entrance to covered screen balcony overlooking the lake and is adjacent to Keeping Room with fireplace. Large Primary Bedroom on main has views of Lake Norman. Primary Bath has been renovated with granite counter tops and waterfall tiled shower. Plenty of room to entertain your guests with an incredible lower level living area with bedroom, full bath, second kitchen and family/recreation room with stone fireplace. Home is freshly painted throughout. The many upgrades includes two new hot water heaters, surveillance system, surround sound and landscape lighting.
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Based on information submitted to the MLS GRID as of 2023-01-29 06:00:00. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
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