The Lochmere housing market is very competitive. The median sale price of a home in Lochmere was $750K last month, up 11.6% since last year. The median sale price per square foot in Lochmere is $266, up 6.0% since last year.
What is the housing market like in Lochmere today?
In October 2024, Lochmere home prices were up 11.6% compared to last year, selling for a median price of $750K. On average, homes in Lochmere sell after 24 days on the market compared to 33 days last year. There were 17 homes sold in October this year, up from 16 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$750,000
+11.6% YoY | Oct 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Oct 2024
Growth
% YoY
Lochmere, NC
$750,000
+11.6%
United States
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How hot is the Lochmere housing market?
Lochmere is very competitive. Homes sell in 6 days.
0
100
88
Very 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
Many homes get multiple offers, some with waived contingencies.
The average homes sell for about 1% above list price and go pending in around 6 days.
Hot homes
can sell for about 6% above list price and go pending in around 3 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.
Flood Factor - Minor
12% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Lochmere has a minor risk of flooding. 164 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.
15% of properties are at risk of wildfire over the next 30 years
Fire Factor
Lochmere has a moderate risk of wildfire. There are 322 properties in Lochmere that have some risk of being affected by wildfire over the next 30 years. This represents 15% 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.