Home prices
The median home in Louisburg costs $161,100. Compared to nearby areas this is approximately $16,080 (11%) higher.In comparison to the entire country it is approximately $56,400 (25%) lower, and is roughly $87,200 (35%) lower in comparison to the city of Raleigh.
Rents
In Louisburg the median monthly rent is $586. It is approximately $285 (32%) lower compared to its surrounding areas.It is about $476 (44%) lower in comparison to the rest of the nation, and in comparison to the city of Raleigh it is approximately $535 (47%) lower.
Nearby places
Franklinton
Franklinton is about 7 miles west of Louisburg. Its housing prices are substantially less expensive. The median home in Franklinton is valued at $99,900, which works out to $61,200 (61%) lower than Louisburg. Rents there are a bit more expensive. In Franklinton the median rent is $782 per month, which works out to $196 (25%) higher than Louisburg.
Bunn
Bunn is about 10 miles south from Louisburg. Real estate prices there are a lot less expensive. The median home in Bunn costs $85,000, which is $76,100 (89%) lower than Louisburg. Its rents are a bit more expensive. Bunn's median rent is $721 per month, which comes out to $135 (18%) higher than Louisburg.
Youngsville
Youngsville is roughly 10 miles southwest from Louisburg. The housing prices there are substantially more expensive. The cost of the median home in Youngsville is $242,600, which is $81,500 (33%) higher than Louisburg. Rent there is a lot more expensive. The median monthly rent in Youngsville is $881, which is $295 (33%) higher than Louisburg.
Lake Royale
Lake Royale is about 10 miles southeast of Louisburg. The housing prices there are a bit more expensive. Lake Royale's median home value is $209,800, which works out to $48,700 (23%) higher than Louisburg. Rent there is substantially more expensive. Lake Royale's median rent is $1,129 per month, which is $543 (48%) higher than Louisburg.
Kittrell
Kittrell is about 11 miles northwest from Louisburg. The housing prices there are significantly less expensive. Kittrell's median home value is $87,800, which works out to $73,300 (83%) lower than Louisburg. Rents there are a little more expensive. The median monthly rent in Kittrell is $840, which is $254 (30%) higher than Louisburg.
