Lake Royale, NC

Buyer's market+33.0% YoY

Housing market overview · Updated weekly

$379,000median sale price

Homes sold

7

Last 12 weeks

Days on market

62

Average pace

Active listings

45

6.4 months supply

Sale-to-list

98.5%

Below asking

The Lake Royale housing market is currently classified as a buyer's market with a median sale price of $379,000. Prices have risen 33.0% compared to last year, with homes spending an average of 62 days on market, indicating 6.4 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.

Market trends

Homes for sale in Lake Royale

There are currently 45 homes listed for sale in Lake Royale, North Carolina. The median listing price is $369K. Featured listings range from $53,900 to $409,900.

1 bedroom mobile home for sale at 105 Catoose Dr Lake Royale 27549 - $53,900
New listing
16
$53,900

105 Catoose Dr

Lake Royale, NC 27549

1 bd1 ba300 sqft
Mobile home3,920 sqft lot

Alberto Barragan · Real Broker, LLC

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land for sale at 134 Red Dog Dr Lake Royale 27549 - $60,000
New listing
12
$60,000

134 Red Dog Dr

Lake Royale, NC 27549

Land33,106 sqft lot
Sold 2024 for $70K

Nathan Watson · Northern Point Realty

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land for sale at 126 Kansas Dr Lake Royale 27549 - $75,900
New listing
31
$75,900

126 Kansas Dr

Lake Royale, NC 27549

Land4,792 sqft lot

Christopher Mink · Allen Tate/ Lake Royale

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land for sale at 119 Papoose Dr Lake Royale 27549 - $130,000
New listing
38
$130,000

119 Papoose Dr

Lake Royale, NC 27549

Land13,939 sqft lot

Janie Blanco · Allen Tate/Wake Forest

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3 bedroom house for sale at 254 Sequoia Dr Lake Royale 27549 - $275,000
New listing
38
$275,000

254 Sequoia Dr

Lake Royale, NC 27549

3 bd2 ba1,603 sqft
House41,818 sqft lot

Holly Hendren · Compass -- Cary

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3 bedroom house for sale at 141 Ottawa Dr Lake Royale 27549 - $280,000
7
$280,000

141 Ottawa Dr

Lake Royale, NC 27549

3 bd2 ba1,604 sqft
House14,810 sqft lot

Janet Farley · Covenant Realty NC

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3 bedroom house for sale at 106 Blackfoot Dr Lake Royale 27549 - $290,000
New listing
15
$290,000

106 Blackfoot Dr

Lake Royale, NC 27549

3 bd2 ba1,176 sqft
House15,246 sqft lot
Est. $276KSold 2025 for $247K

Sofia Chang · Keystar Realty & Management LL

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3 bedroom house for sale at 101 Stage Line Cv Lake Royale 27549 - $315,000
New listing
44
$315,000

101 Stage Line Cv

Lake Royale, NC 27549

3 bd2 ba1,536 sqft
House23,522 sqft lot
Est. $303KSold 2017 for $168K

Susan Boblett · Allen Tate/ Lake Royale

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3 bedroom house for sale at 522 Shawnee Dr Lake Royale 27549 - $347,000
New listing
17
$347,000

522 Shawnee Dr

Lake Royale, NC 27549

3 bd3 ba2,082 sqft
House29,621 sqft lot
Est. $345KSold 2026 for $308K

Thomas Shoupe · Opendoor Brokerage LLC

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3 bedroom house for sale at 111 Nashua Dr Lake Royale 27549 - $379,000
New listing
51
$379,000

111 Nashua Dr

Lake Royale, NC 27549

3 bd2 ba1,691 sqft
House14,810 sqft lot
Est. $334KSold 2020 for $3K

Blair Whelan · eXp Realty, LLC - C

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3 bedroom house for sale at 139 Hatchet Cv Lake Royale 27549 - $389,888
New listing
48
$389,888

139 Hatchet Cv

Lake Royale, NC 27549

3 bd3 ba1,832 sqft
House16,553 sqft lot

Janet Mack Beach · Triangle's Choice Real Estate,

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4 bedroom house for sale at 118 Wichita Way Lake Royale 27549 - $409,900
New listing
69
$409,900

118 Wichita Way

Lake Royale, NC 27549

4 bd3 ba1,905 sqft
House14,810 sqft lot
Sold 2023 for $367K

Colleen Blatz · Howard Hanna Allen Tate Raleigh Falls of Neuse

More about this property

Looking to buy in Lake Royale?

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Active listings

45

Homes on market

Median list price

$369K

Avg. days on market

62

Days until sale

New this week

18

Newly listed

Price drops:22.2%of listings
Sale-to-list:98.5%

Explore nearby cities in NC

Frequently asked questions

What is the average home price in Lake Royale?

The median home sale price in Lake Royale is $379,000, up 33.0% from last year.

How long do homes stay on market in Lake Royale?

Homes typically spend 62 days on market before going under contract.

Is Lake Royale a buyer's or seller's market?

With 6.4 months of supply, Lake Royale is currently a buyer's market.

How many homes are for sale in Lake Royale?

There are currently 45 homes listed for sale in Lake Royale, NC.

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