Truro—02666
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Truro
As of Oct '25, the median home price in Truro is $1,095,000, with a year-over-year change of -0.5%. This indicates that home prices in Truro are flat. According to Zillow, the 1-year price projection is 3.0%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $1,095,000 | -0.5% |
| Single Family | $1,253,000 | -0.7% |
| Condos | $528,000 | 0.0% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $448,000 | -1.1% |
2 Bed | $754,000 | -0.5% |
3 Bed | $1,171,000 | -1.3% |
4 Bed | $1,520,000 | -0.1% |
| 5 Bed | $2,015,000 | 2.5% |
% of Housing Stock
Rental Trends — Truro
Truro lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | N/A | N/A |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Truro
As of Oct '25, Realtor.com reports that the median days on market for a home in Truro is 86. This is a increase of 51.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 13.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $1,110,000 | -6.0% |
Listing Count | 62 | 36.0% |
| Listings as % of Homes | 1.3% | 36.0% |
Days on Market | 86 | 51.0% |
Demographics — Truro
As of the latest ACS Survey released in 2023, Truro has a population of 751, which has increased by 52.3% over the past 5 years. Truro is a less popular place for families, as children make up 6.7% of the population. The area has a highly educated workforce, with 74.0% of adult residents holding a bachelor’s degree or higher. There are many residents working remotely, with 29.5% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 751 | 52.3% |
% Under 18 | 6.7% | ∞% |
% Seniors | 58.7% | 5.2% |
% WFH | 29.5% | -54.6% |
% w/ College Degree | 74.0% | 21.3% |
As of the latest ACS Survey released in 2023, Truro is a predominantly white area, with 99.9% of the population identifying as white. The white population has grown by 9.4% in the last 5 years. The second most common race or ethnicity in Truro is hispanic, making up 0.1% of the population. Foreign-born residents account for 0.1% of the population in Truro, and this percentage has decreased by 98.9% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 99.9% | 9.4% |
% Black | 0.0% | -100.0% |
% Hispanic | 0.1% | -95.5% |
% Asian | 0.0% | N/A |
% Foreign Born | 0.1% | -98.9% |
Mortgage and Risk — Truro
Truro lacks sufficient mortgage origination data for analysis.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | N/A |
% Conventional Loans | N/A |
% Government Loans | N/A |
% Investor Loans | N/A |
% Second Loans | N/A |
% Cash Out Refinance | N/A |
Loan Activity
No data available
Rentals and Section 8 — Truro
Truro lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 14 |
Total Units Section 8 | 14 |
% Rentals under Section 8 | 36.4% |
% Occupied Section 8 | 82.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $1,520 |
| 2 Bedroom | N/A | N/A | $2,000 |
| 3 Bedroom | N/A | N/A | $2,450 |
| 4 Bedroom | N/A | N/A | $2,820 |
Affordability — Truro
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 8.9 |
| Median Home Price | $1,095,000 |
| Median Household Income | $111,000 |