Housing Market Report for Lower Creek Elementary, Lenoir, NC

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This housing market report uses absorption rates to track supply and demand for Lower Creek Elementary, Lenoir, NC. With 9.9 months of inventory across all segments, conditions currently favor buyers — more homes are available than active buyers, creating more room to negotiate on price and terms. Use the tables below to explore specific price ranges and property types in detail. [Last updated: September 25, 2026]

What is an Absorption Rate? How is Absorption Rate calculated? How is Months of Inventory calculated? Market Conditions Guide

Seller's Market

Under 3 months

High demand, low inventory. Homes sell fast, often above asking price. Sellers hold leverage.

Balanced Market

3 – 6 months

Supply and demand are roughly equal. Prices are stable and negotiations are more equitable.

Buyer's Market

Over 6 months

More supply than demand. Buyers can negotiate, request concessions, and take their time.

Houses

Hottest Segment 🔥

$300k – $325k

Absorption rate of 0.7, with 1.5 months of inventory.

Coolest Segment ❄️

$500k – $550k

With 30 months of inventory, buyers have more time and negotiating power in this range.

Most Active

$225k – $250k

3 active listings with 4 sold in the last 6 months.

Market Overview

All Segments

Supply and demand are roughly in balance at 4.7 months of inventory.

List Price	Available	Sold Last 6 Months	Absorption Rate	Months of Inventory	Market
125k-150k	1	1	0.2	6	Balanced
$150,000 438 Folk St. Lenoir, NC
$147,000 421 Finley Ave. Lenoir, NC

150k-175k	1		0
$159,900 813 Severt Cir. Lenoir, NC


175k-200k	1	1	0.2	6	Balanced
$199,900 1315 Cedar Valley Church Rd. Lenoir, NC
$190,000 1127 Barney Pl. Lenoir, NC

200k-225k	1	2	0.3	3	Balanced
$225,000 635 Powell Rd. Lenoir, NC
$220,000 848 Meadowood Dr. Lenoir, NC $210,000 2324 Alfred Hartley Rd. Lenoir, NC

225k-250k	3	4	0.2	4.5	Balanced
$230,000 422 Arlington Cir. Lenoir, NC $245,000 327 Arrowood St. Lenoir, NC $239,900 430 Arlington Cir. Lenoir, NC
$245,000 1105 Wildwood Rd. Lenoir, NC $250,000 409 Walnut Pl. Lenoir, NC $241,000 335 Eastview Pl. Lenoir, NC $234,500 901 Ridgecrest Dr. Lenoir, NC

250k-275k	1	3	0.5	2	Seller's
$275,000 620 Diamondhead Dr. Lenoir, NC
$267,500 902 Meadowood Dr. Lenoir, NC $270,000 1268 Wexford Village Cir. Lenoir, NC $270,000 824 NE Powell Rd. Lenoir, NC

275k-300k	1	2	0.3	3	Balanced
$289,000 2314 Colonial Acres Rd. Lenoir, NC
$294,000 418 Powell Cir. Lenoir, NC $283,000 907 Vista Pl. Lenoir, NC

300k-325k	1	4	0.7	1.5	Seller's
$315,000 2448 Alfred Hartley Rd. Lenoir, NC
$313,500 708 Wilmore St. Lenoir, NC $325,000 811 Hilton St. Lenoir, NC $308,000 436 Hibriten Dr. Lenoir, NC $325,000 1415 Mcrary Creek Rd. Lenoir, NC

325k-350k	1	4	0.7	1.5	Seller's
$327,900 1755 F M Mclean Pl. Lenoir, NC
$345,000 418 Arlington Cir. Lenoir, NC $325,500 252 Deerfield St. Lenoir, NC $335,000 1015 Woodbine Pl. Lenoir, NC $331,000 1284 Wexford Village Cir. #31 Lenoir, NC

350k-375k		2	0.3	0	Seller's

$355,000 1405 Lower Creek Dr. Lenoir, NC $373,900 1001 Plantation Dr. Lenoir, NC

375k-400k	3	3	0.2	6	Balanced
$399,900 1009 Randolph Cir. Lenoir, NC $379,000 1036 Williamsburg Dr. Lenoir, NC $399,999 922 Plantation Dr. Lenoir, NC
$380,000 906 Hemlock Dr. Lenoir, NC $390,000 1007 Hibriten Dr. Lenoir, NC $387,575 406 Wedgewood Pl. Lenoir, NC

400k-425k	1	1	0.2	6	Balanced
$419,999 1014 Bramblewood Ct. Lenoir, NC
$415,000 1037 Prestwood Dr. Lenoir, NC

425k-450k		2	0.3	0	Seller's

$450,000 920 Barrington Dr. Lenoir, NC $439,000 1511 Millers Creek Rd. Lenoir, NC

450k-475k	2	2	0.2	6	Balanced
$475,000 1421 Windsor St. Lenoir, NC $469,900 409 Huntington Woods St. #65 Lenoir, NC
$457,500 405 Golfview Ct. Lenoir, NC $474,900 416 Whitmore St. Lenoir, NC

475k-500k	3	3	0.2	6	Balanced
$499,900 935 Ridgewood Dr. Lenoir, NC $499,500 403 Huntington Woods St. Lenoir, NC $499,500 405 Huntington Woods St. Lenoir, NC
$485,000 255 Wildwood Rd. Lenoir, NC $485,000 732 Chatsworth Cir. Lenoir, NC $490,000 2411 Robertson Ln. Lenoir, NC

500k-550k	5	1	0	30
$529,000 703 Wilmore St. Lenoir, NC $524,900 753 Chatsworth Cir. Lenoir, NC $549,900 416 Huntington Woods St. Lenoir, NC $519,900 405 Woodridge Dr. Lenoir, NC $510,000 2269 Lee Roy Ln. Lenoir, NC
$514,900 885 Beverly Cir. Lenoir, NC

550k-600k	3	3	0.2	6	Balanced
$599,900 2055 Piper Ridge Dr. Lenoir, NC $574,900 426 Huntington Woods St. Lenoir, NC $584,900 399 Huntington Woods St. Lenoir, NC
$595,000 2214 Flanagan Dr. Lenoir, NC $600,000 1793 Cedar Dr. Lenoir, NC $590,000 401 Stonecroft Dr. Lenoir, NC

600k-650k	2		0
$629,900 510 SE Stonecroft Ct. #32 Lenoir, NC $620,000 414 Stonecroft Dr. Lenoir, NC


650k-700k	1	2	0.3	3	Balanced
$695,900 417 Stonecroft Dr. Lenoir, NC
$685,000 402 Golfview Ct. Lenoir, NC $695,000 2447 Thornfield Dr. Lenoir, NC

700k-750k	1	2	0.3	3	Balanced
$749,000 2373 Wilkesboro Blvd. Lenoir, NC
$735,000 213 Hospital Ave. Lenoir, NC $750,000 2983 Rockwood Dr. Lenoir, NC

750k-800k	1		0
$799,000 [Address Hidden by Seller] Lenoir, NC


1.9m-2m	1	1	0.2	6	Balanced
$1,950,000 135 Claron Pl. Lenoir, NC
$1,940,000 2770 Lakeview Dr. Lenoir, NC

Townhouses

Hottest Segment 🔥

$250k – $275k

Absorption rate of 0.

Most Active

$250k – $275k

1 active listings with 0 sold in the last 6 months.

List Price	Available	Absorption Rate
250k-275k	1	0
$259,900 221 Linkside Ct. #5 Lenoir, NC

Land

Hottest Segment 🔥

$50k – $75k

Absorption rate of 0.1, with 18 months of inventory.

Coolest Segment ❄️

$25k – $50k

With 48 months of inventory, buyers have more time and negotiating power in this range.

Most Active

$25k – $50k

16 active listings with 2 sold in the last 6 months.

Market Overview

All Segments

With 82 months of inventory overall, buyers currently hold the advantage.

List Price	Available	Sold Last 6 Months	Absorption Rate	Months of Inventory	Market
0-25k	10		0
$24,900 746 Chatsworth Cir. #21 Lenoir, NC $24,900 710 Chatsworth Cir. #4 Lenoir, NC $24,900 712 Chatsworth Cir. #5 Lenoir, NC $24,900 742 Chatsworth Cir. #19 Lenoir, NC $24,900 744 Chatsworth Cir. #20 Lenoir, NC $24,900 706 Chatsworth Cir. #2 Lenoir, NC $24,900 708 Chatsworth Cir. #3 Lenoir, NC $24,900 740 Chatsworth Cir. #18 Lenoir, NC $13,900 3114 Mountain Laurel Dr. Lenoir, NC $25,000 520 Healan Pl. Lenoir, NC


25k-50k	16	2	0	48
$30,000 3124 Mountain Laurel Dr. Lenoir, NC $49,000 409 Whitmore St. #64 Lenoir, NC $39,000 406 Whitmore St. #70 Lenoir, NC $39,000 414 Whitmore St. #66 Lenoir, NC $39,000 Lot# 80 Huntington Woods St. #80 Lenoir, NC $39,000 Lot# 81 Huntington Woods St. #81 Lenoir, NC $39,000 Lot# 82 Huntington Woods St. #82 Lenoir, NC $49,000 401 Huntington Woods St. #28 Lenoir, NC $49,000 404 Huntington Woods St. #51 Lenoir, NC $49,000 406 Huntington Woods St. #50 Lenoir, NC $39,000 721 Chatsworth Cir. #77 Lenoir, NC $39,000 749 Chatsworth Cir. #57 Lenoir, NC $49,000 702 Chatsworth Cir. #1 Lenoir, NC $34,900 2250 Cedar Rock Estates Dr. Lenoir, NC $44,900 1047 Williamsburg Dr. Lenoir, NC $28,000 2043 Piper Dr. #46 Lenoir, NC
$49,000 408 Huntington Woods St. #49 Lenoir, NC $49,000 412 Huntington Woods St. #47 Lenoir, NC

50k-75k	3	1	0.1	18	Buyer's
$60,000 3129 Mountain Laurel Dr. Lenoir, NC $69,000 2220 Nighthawk Ridge Ct. #31 Lenoir, NC $65,900 TBD Rockwood Dr. Lenoir, NC
$70,000 904 Barrington Dr. Lenoir, NC

75k-100k	9		0
$89,000 2206 Nighthawk Ridge Ct. #27 Lenoir, NC $89,000 2209 Nighthawk Ridge Ct. #23 Lenoir, NC $89,000 2210 Nighthawk Ridge Ct. #28 Lenoir, NC $89,000 2211 Nighthawk Ridge Ct. #22 Lenoir, NC $89,000 2212 Nighthawk Ridge Ct. #29 Lenoir, NC $89,000 2215 Nighthawk Ridge Ct. #21 Lenoir, NC $89,000 2216 Nighthawk Ridge Ct. #30 Lenoir, NC $89,000 2223 Nighthawk Ridge Ct. #18 Lenoir, NC $81,400 TBD Haigler Rd. Lenoir, NC


125k-150k	3		0
$149,900 Lot# 3 Peregrine Ter. #3 Lenoir, NC $149,900 Lot# 4 Peregrine Ter. #4 Lenoir, NC $149,900 2945 Rockwood Dr. Lenoir, NC

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