Is Lenoir, NC 28645 a buyer’s or seller’s market?
Lenoir is a balanced market. With about 5.2 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.
More competitive than 21% of U.S. ZIP codes, and #271 of 424 in the state.
Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown
The Lenoir housing market right now
In the three months ending August 31, 2026, 15% of homes in Lenoir, NC 28645 sold above their list price, the typical home went under contract in 57 days and there were 5.2 months of supply. Four to six months of supply is a balanced market, where pricing and condition decide how much room there is to negotiate. That’s based on 136 home sales.
Compared with the same period a year earlier, the share selling over asking fell from 18%, homes sold faster (62 days then) and the median sale price rose 6% to $277,380. Overall, Lenoir is about as competitive as it was a year ago.
On our competition score, Lenoir ranks #271 of 424 NC ZIP codes with enough sales (score 26 out of 100).
Nearby, buyers who want less competition could look at Collettsville 28611 (0% sold over asking), while Hudson 28638 (38% sold over asking) and Granite Falls 28630 (24% sold over asking) are even more competitive.
Run the numbers for 28645
Nearby markets
Collettsville 28611Buyer’s market $133 /sq ftGranite Falls 28630Balanced $172 /sq ftHudson 28638Seller’s market $180 /sq ftRhodhiss 28667 — /sq ft Browse all markets →Towns like Lenoir nearby
Find towns like Lenoir in other states →Where Lenoir is
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Questions about Lenoir real estate
Is Lenoir a buyer’s or seller’s market?
A balanced market: there were 5.2 months of supply in Lenoir, NC 28645 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Lenoir?
The typical home went under contract in 57 days in the latest three months.
Do homes in Lenoir sell over asking?
15% of homes sold above their original list price, and the typical sale closed at 96.9% of the list price.
What are property taxes in Lenoir?
About 0.60% of a home’s value a year in Caldwell County, or roughly $2,400 on a $400,000 home.
What is the median home price in Lenoir?
The median sale price was $277,380 in the three months ending August 31, 2026, about $176 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology