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Wednesday, June 29, 2022

Your Lenoir, NC Real Estate Questions Answered

Photo of Lenoir North Carolina

Your Lenoir, NC Real Estate Questions Answered

Does a mountain lifestyle sound appealing, but do you want to live closer to urban amenities? You might be interested in moving to Lenoir, North Carolina. This small town in the foothills of the Blue Ridge Mountains is not to be confused with Lenoir County in the Coastal Plain. The town of Lenoir is approximately 71 miles from Asheville and Charlotte. You have the blended lifestyle of mountain access while being close to a large metro area.

Lenoir is a great place to live, work, and raise a family. You may have questions about the area and what it has to offer. Here are a few things you should know about Lenoir and the real estate market.

What is the average price of a home in Lenoir, NC?

The real estate market in Lenoir is varied, with homes for sale ranging from $6,500 to $3.7 million. The median list price for 376 listings in May 2022 was $228,000.

The most affordable listing available with an existing home was $56,000 for a three-bedroom, one-bathroom with 1,020 sq ft on one acre. The most expensive listing was a $3.7 million, three-bedroom, 3.5-bathroom, 3,767 sq ft on 12 acres.

Are there any condos or townhomes available in Lenoir, NC? 

There are condo and townhome developments in Lenoir, NC, although none were on the market in May 2022. Prices for recently sold units ranged from $131,500 to $379,900.

What is the property tax rate for Lenoir, NC?

North Carolina property taxes are charged at $100 of assessed value. Lenoir charged $0.5785 in 2021-2022. The Municipal District had an additional $0.20. Caldwell County assessed $0.63 for a combined $1.2085 in annual property tax.

In addition, they charged a $10 solid waste fee and a water and sewer fee of $49.73.

What county is Lenoir, NC in?

Lenoir is located in the western part of North Carolina and is the county seat of Caldwell County.

The county was established in 1841 from parts of Burke and Wilkes Counties. It was named for Joseph Caldwell, the first president of the University of North Carolina. Caldwell is in the foothills of the Blue Ridge Mountains.

Caldwell County has a population of 83,029 and a total area of 435 square miles. Residents enjoy a predominantly rural lifestyle. Other notable towns include Granite Falls, Hudson, and Sawmills.

In addition to its beautiful location in the foothills of the Blue Ridge Mountains, Caldwell County offers residents a low cost of living, a variety of housing options, and access to excellent schools.

Is Lenoir, NC, growing?

The population of Lenoir was 18,352 at the 2020 Census, which was about 100 more residents than the 2010 Census. Any growth has been slow and measured.

What neighborhoods are in Lenoir, NC?

Lenoir has a variety of neighborhoods, each with its own character. Some of the more popular ones include Downtown Lenoir, North Lenoir, Southside, and West End.

Downtown Lenoir is the city’s historic center and is home to many businesses and restaurants. The town is bustling with breweries, a center for the arts, and acts as a gathering place for the unique local festivals.

Fort Defiance is a more rural-feeling neighborhood located on the north side of Lenoir, near the Yadkin River. This area is known for its large homes and beautiful views. Many homes were built between 1970-1999.

Lenoir East is known for its affordability and convenience to local amenities.

Tremont Park is a neighborhood located on the southeast side of Lenoir. This area is known for its affordability and variety of housing options.

More than 300 residential lots in Lenoir are served by utilities and ready to develop. These neighborhoods include Georgetown Estates, Park View, Powell Park, Rocky Top, and Summerhill.

Are there any waterfront properties found in Lenoir, NC? 

There are no significant waterfront properties in Lenoir. However, there are plenty of opportunities to enjoy the water nearby. Lake Hickory is just a short drive away and offers boating, fishing, swimming, and more. Wilson Creek is also nearby and is popular for tubing, kayaking, and canoeing.

Lower Creek, a branch of the Catawba River, and its creeks run through Lenoir. These creeks provide some opportunities for waterfront living.

How is golf in Lenoir, NC?

Lenoir is home to two golf courses, the Lenoir Golf Course and Cedar Rock Country Club.

Cedar Rock Country Club is an 18-hole private course that was built in 1965. This course features 7,153 yards from the longest tees for a par 72. The course rating is 70.8, and it has a slope rating of 125 on Bermuda grass.

Lenoir Golf Course is a 9-hole public course that was built in 1927. This course features 3,005 yards of golf from the longest tees for a par of 36. The course rating is 34.9, and it has a slope rating of 110 on Bermuda grass.

In addition to these two courses, several other golf courses are located within a short drive of Lenoir. These include Orchard Hills Golf Course and Granada Farms Country Club.

What is the cost of living in Lenoir, NC?

The cost of living in Lenoir is quite affordable. The overall price is 31% less than the national average and 21% less than the state average. In particular, housing costs are 58% less than the national average.

What areas are near Lenoir, NC?

Lenoir is located in the foothills of the Blue Ridge Mountains. The city is near several major highways, making it an easy drive to Charlotte, Winston-Salem, Asheville, and Hickory.

Surrounding Lenoir are the towns of Gamewell, Cajah’s Mountain, Hudson, and Sawmills. These essentially share borders with Lenoir and extend the area’s shopping, dining, and entertainment options.

Gamewell is directly on the south side of Lenoir. This area is mostly residential and known for its close-knit community. It is a newer community, incorporated in the 1980s, like Cajah’s Mountain.

Hudson was founded in 1905 and named after some local lumbermen who were among the first in the area. Hudson is home to Caldwell Community College and Technical Institute.

Just a short drive from Lenoir are the mountain towns of Blowing Rock, Banner Elk, and Boone. These towns are close to fly fishing, winter skiing, and outdoor recreation. The state’s highest point, Grandfather Mountain, is another accessible attraction.

What to know about living in Lenoir, NC

Lenoir is a great place to live for those who want an affordable cost of living and easy access to amenities. The town is also close to the mountains, making it a perfect location for outdoor enthusiasts.

Residents in Lenoir have activities like golfing and hiking. Local shopping and dining round out the lifestyle. Charlotte and Asheville are about 1.5 hours drive, making Lenoir close enough to access their amenities when you want.

If you’re looking at living in Lenoir, contact a local real estate agent to find the right neighborhood for you. 

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Preston Guyton

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