Market report, updated

Market Report

Search in the subdivision of Lake Royale

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Report prepared by raleighrealestatesearch.com

Market at a glance

Over the last 6 months, homes sold for 94.9% of list price in 113 days on average.

Average price, last 12 months

What sellers asked vs. what homes actually sold for, by closing month.

List · $347K Sold · $333K
$360K$280K$200K$120K
NovDecJanFebMarAprMayJunJulAugSepOct

Homes sold per month

Closed sales, last 12 months.

Sold tab (last 6 months) Earlier

Peak: 28 sales in Aug. Last month: 17.

Where the market stands

All homes in this report, by status.

248homes
Active122 · 49%
Under contract16 · 6%
Sold (6 mo)110 · 44%

Buyer's or seller's market?

Months it would take to sell every active home at the pace of the last 6 months.

6.6months of inventory
Seller's, under 4BalancedBuyer's, over 6

Buyers have room to negotiate in this market.

Average price by status

Active$222K
Under contract$313K
Sold$266K

Average days on market

Active132 days
Under contract67 days
Sold113 days

Browse homes by status

Choose a status to see its numbers, charts and listings.

Active homes

Currently for sale
Homes for sale 122
Average list price $222,106
Avg. days on market 132 days
Avg. price per ft² Not enough data
Avg. living area Not enough data
Avg. beds / baths Not enough data

Price vs. living area

Each dot is a home. Hover a dot for its address, click it to see the home.

Not enough data to chart this.

How long homes have been listed

Number of homes by days on market.

Bedroom mix

Number of homes by bedroom count.

Not enough data to chart this.

Highest price per ft²

Top 7 homes in this status.

111-113 Red Oak Dr$571
126 Big Horn Dr$500
150 Big Horn Cv$356
373 Sagamore Dr$299
115 Running Bear Dr$293
443 Sagamore Dr$273
135 Seneca Dr$239

All active listings

Click a column to sort
AddressBedsBathsLiving ft²List price$ / ft²Days on market
1318 Sagamore DrLouisburg, NC 27549 ———$14,500—2 days
219 Eagle DrLouisburg, NC 27549 ———$57,750—2 days
108 Rustler RdLouisburg, NC 27549 ———$24,900—2 days
1051 Sagamore DrLouisburg, NC 27549 ———$28,000—9 days
119 Mayan DrLouisburg, NC 27549 332,292$399,000$17410 days
204 Sacred Fire Rd Unit 3083pLouisburg, NC 27549 332,201$336,900$15310 days
164 Shawnee Dr Unit 1080pLouisburg, NC 27549 321,980$353,900$17810 days
112 Acoma Dr Unit 2966pLouisburg, NC 27549 333,614$430,900$11910 days
125 Buckaroo DrLouisburg, NC 27549 ———$27,500—12 days
126 Papoose DrLouisburg, NC 27549 ———$35,000—20 days
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Questions about this market?

These numbers move every month. For what they mean for your home, or for a home you have your eye on, get in touch.

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Listings provided courtesy of Triangle MLS, Inc. of NC, Internet Data Exchange Database. Information deemed reliable but not guaranteed. © 2026 Triangle MLS, Inc. of North Carolina. Data last updated .