Market Overview
Home Prices in Lake Waccamaw, NC
The median home value in Lake Waccamaw, NC is $325,228 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 0% compared to a year ago and up 1.8% from two years prior.
Compared to the U.S. national median of $410,000, homes in Lake Waccamaw are priced21% below average.
Over the past five years, Lake Waccamaw home values have risen by approximately22.7%, reflecting strong long-term appreciation in this market.
Price History
Lake Waccamaw Home Price Trend
2020
$222,557
$223K
—
2021
$265,123
$265K
+19.1%
2022
$312,138
$312K
+17.7%
2023
$306,667
$307K
-1.8%
2024
$319,456
$319K
+4.2%
2025
$325,187
$325K
+1.8%
2026
$325,228
$325K
+0.0%
City Comparison
Lake Waccamaw vs. National Median
🏠 Lake Waccamaw
$325,228
National Median
$410,000
At $325,228, homes in Lake Waccamaw cost 21% below the national median of $410,000. This makes Lake Waccamaw a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Lake Waccamaw?
20% Down Payment
$65,046
on $325,228
Monthly P&I
$1,696/mo
30-yr @ 6.8%
Total Monthly Est.
~$2,154/mo
incl. taxes & insurance
Income Needed
$86,160
gross annual (30% rule)
10% Down Option
$32,523
+ PMI applies
Loan Amount (20% dn)
$260,182
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Lake Waccamaw, NC?
The median home value in Lake Waccamaw is $325,228 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 0% year-over-year.
How much have home prices changed in Lake Waccamaw?
Over the past year, home values in Lake Waccamaw have increased by 0%. Over five years, prices have risen approximately 22.7%.
How much do I need to earn to buy a home in Lake Waccamaw?
To comfortably afford the median home price of $325,228 with a 20% down payment ($65,046) at today's rates (6.8%), you'd need a gross annual income of approximately $86,160. This assumes keeping total housing costs at or below 30% of gross income.
How does Lake Waccamaw compare to the national average home price?
The national median home value is approximately $410,000. At $325,228, homes in Lake Waccamaw are 21% below the national average.