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Louisburg

Louisburg

Located in Franklin County

$304,292 Average Value
$205 Average Price per Sq Ft
105 Homes For Sale

The downtown of Louisburg is, at times, indistinguishable from a hip college town: Breweries, tattoo shops, thrift stores and bars can be found along freshly-repaired sidewalks. But this rural town still holds onto its country roots, holding events like an annual whole-hog barbeque contest and proudly showcasing its local farms. As part of the growing exurbs of the Triangle, Louisburg is evolving in a thoughtful way.

The Research Triangle Park region of North Carolina, which includes Raleigh, Durham and Chapel Hill, attracts students to its colleges and universities, and graduates often go to work at one of the major employers in the region. The demand for housing, in turn, has driven people outward to the surrounding rural neighborhoods. “It adds a little bit of college life to the town,” says Barry Wilkins, a broker at Stellar Realty Group who has lived and worked in Louisburg for nearly 20 years. “It gives it a diverse culture of young and old that has helped revitalize the downtown.”

Where farmland meets craft beer

At Tar Banks Brewing Company, visitors can enjoy one of the rotating microbrew selections on a pet-friendly patio while grabbing a snack from food trucks hosted by the brewery. For a more complete meal, Johnny Bull’s Steakhouse serves steak and seafood in a low-key space. Louisburg Road, which runs through the heart of the town, is dotted with grocery stores from the local Moss Foods market to a Walmart Supercenter. The Blue Collie Coffee Shop entices visitors to browse the shelves of new and used books while sipping on a latte.

Hog roasts draw out-of-state crowds

Louisburg is the site of the Franklin County Farmer’s Market, which is held seasonally on Fridays at the Shannon Village Shopping Center. The annual BBQ in the Burg whole-hog cooking competition attracts teams from all over North and South Carolina, while the Friday Nights on the Tar summer concert series showcases local musicians, food trucks and other businesses. The First Fruits Farm Memorial Balloon Festival is held every Memorial Day Weekend and features hot air balloon rides, live performances, fireworks shows and more.

Everything old is new again

The downtown of Louisburg may be modernizing, but the early-1900s bungalows tucked within the town streets retain their historical charm. In the town’s outskirts, new planned development communities have been sprouting to meet the housing demands, but the distance between each subdivision ensures that Louisville maintains its rural atmosphere. In these new communities, modern farmhouse styles complement surrounding farmland. Renovated bungalows and new construction are priced similarly, and a three-bedroom home will sell for between $275,000 and $325,000.

Rural outside the Research Triangle

No transit connects Louisburg to Raleigh, which is 32 miles away, or Durham, 40 miles away, and there are no major highways that run near the town. However, the North Carolina Department of Transportation recently widened US Route 401, which connects Raleigh and Louisburg, from two lanes to four to make the commute easier. To get to Durham, commuters can follow North Carolina Highway 56 west for 27 miles to Interstate 85, which can be followed for 14 miles south into Durham. The nearest full-service hospitals are located in Raleigh, but Maria Parham Franklin Hospital located in Louisburg can provide limited services to residents. Raleigh-Durham International Airport is located 42 miles from downtown Louisburg.

Franklin County schools from pre-K to 12th grade

The Franklin County School District serves students from pre-kindergarten through 12th grade. Louisburg Elementary School includes a pre-K program and has a C rating from Niche. Terrell Lane Middle School includes an Academically or Intellectually Gifted (AIG) program and has a B-minus grade. Louisburg Magnet High School embraces the motto "seize opportunities; practice excellence; create the future," and has a B-minus rating.

Local farms welcome visitors

Community parks and farms keep Louisburg residents busy and active outdoors. At Riverbend Park, visitors can go fishing or canoeing on the Tar River, or residents can visit Joyner Park for sports fields, hiking trails and picnic facilities. Local farms like Breezy Pond Farm can teach visitors about sustainable farming and animal care, and include petting areas for interaction with goats, pigs and more. At Perry’s Mill Pond, visitors can learn about the history of mills in North Carolina or go fishing or boating on the water.

Interested in learning more about homes in this area? Reach out to Dawn Gupton, an experienced agent in this area.

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Schools

Source:
GreatSchools: The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process. View GreatSchools Rating Methodology

Louisburg Housing Trends

Housing Trends

Median List Price
$350,000
Median Sale Price
$339,000
Median Single Family Sale Price
$347,450
Median Change From 1st List Price
2%
Last 12 months Home Sales
549
Median Home Sale Price YoY Change
$1
Average Price Per Sq Ft
$205

Neighborhood Facts

Number of Homes for Sale
105
Months of Supply
2.30

Open Houses

  • Saturday, Jun 21
    2 - 4pm

    225 Sacred Fire Rd, Louisburg, NC 27549

    $349,000

    • 3 Beds
    • 3.5 Baths
    • 1,685 Sq Ft
    • 225 Sacred Fire Rd
    • New 29 days ago

    Welcome home to a beautifully maintained 3-bedroom home offering spacious living with generously sized bedrooms and the convenience of a main-floor primary suite. You'll love the durable and stylish LVP flooring throughout and the peace of mind that comes with hardy board siding. Nestled on just under half an acre, the fully fenced backyard provides privacy and room to relax or play.Enjoy

    Agent Photo
    Dan Gunther
    Allen Tate/ Lake Royale
    (984) 223-5383
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  • Saturday, Jun 21
    11am - 1pm

    214 Perry St, Louisburg, NC 27549

    $224,990

    • 3 Beds
    • 2 Baths
    • 1,624 Sq Ft
    • 214 Perry St
    • New 1 day ago

    Convenience is everything! You'll love this beautifully maintained 2020 home with 1,624 sq ft of bright, modern living space, just around the block from the site of the new Louisburg Town Hall and less than 5 min to downtown, major shopping, and restaurants. With lovely natural light throughout, the open layout is perfect for relaxing and entertaining. The kitchen features shaker cabinets and an

    Merisa Espinoza Choice Residential Real Estate

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  • Sunday, Jun 22
    1 - 3pm

    282 Cooke Rd, Louisburg, NC 27549

    $239,500

    • 3 Beds
    • 1 Bath
    • 1,626 Sq Ft
    • 282 Cooke Rd
    • New 16 days ago

    Discover the perfect blend of comfort and convenience in this 3-bedroom, 1-bathroom ranch. Featuring a spacious floor-plan, large living room with gas fireplace, and large fenced-in backyard. This home is ideal for entertaining or relaxing with family. Well-appointed kitchen offers ample cabinet and counter space.Step outside to your large fenced in backyard, a private oasis perfect for

    Yannick Lloyd The Alston Real Estate Group

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Homes for Sale

Homes for Rent

Distribution of Home Values

Source: Public Records

Average Home Value



Source: Public Records

Property Mix - Square Feet

Louisburg Has More Owners

Demographics

Total Population
3,558
Median Age
35
Population under 18
22.6%
On par with the national average
23.8%
Population over 65
18.8%
On par with the national average
19.1%

Finances

Median Household Income
$34,262
Significantly below the national average
$71,702
Average Household Income
$53,614

Education and Workforce

High School Graduates
84.5%
College Graduates
17.9%
Below the national average
34.1%
Advanced Degrees
8.2%
% Population in Labor Force
53.7%
Below the national average
65.1%

Weather

Annual Precipitation
46''
Average Winter Low Temperature
26°F
Average Summer High Temperature
89°F
Annual Snowfall
0''
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. Our sources include: Accuweather, Public Records and Neustar. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Louisburg