Pinehurst—08240
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Pinehurst
Pinehurst lacks sufficient home price data for analysis.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | N/A | N/A |
| Single Family | N/A | N/A |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | N/A | N/A |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Pinehurst
Pinehurst 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
No data available
Property Listings — Pinehurst
Pinehurst lacks sufficient listing trend data for analysis.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $352,000 | N/A |
Listing Count | 2 | N/A |
| Listings as % of Homes | N/A | N/A |
Days on Market | 88 | N/A |
Demographics — Pinehurst
As of the latest ACS Survey released in 2023, Pinehurst has a population of 2,810, which has increased by 22.6% over the past 5 years. Pinehurst is a less popular place for families, as children make up 0.7% of the population. The area has a highly educated workforce, with 60.5% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 11.8% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 2,810 | 22.6% |
% Under 18 | 0.7% | -12.5% |
% Seniors | 0.2% | ∞% |
% WFH | 11.8% | ∞% |
% w/ College Degree | 60.5% | 23.2% |
As of the latest ACS Survey released in 2023, Pinehurst is a predominantly white area, with 61.7% of the population identifying as white. The white population has shrunk by 17.1% in the last 5 years. The second most common race or ethnicity in Pinehurst is black, making up 13.4% of the population. Foreign-born residents account for 10.4% of the population in Pinehurst, and this percentage has increased by 205.9% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 61.7% | -17.1% |
% Black | 13.4% | 32.7% |
% Hispanic | 10.0% | -21.9% |
% Asian | 10.6% | 186.5% |
% Foreign Born | 10.4% | 205.9% |
Mortgage and Risk — Pinehurst
According to HUD data as of 2023, there were 1 mortgage originations in Pinehurst, of which 100.0% of loans were conventional mortgages. The average loan-to-value was 96.0%, with 100.0% above 90% LTV (very high). This implies large mortgage risk in Pinehurst. Investor activity is low, as 0.0% of loans were by investors. 0.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 1 |
% Conventional Loans | 100.0% |
% Government Loans | 0.0% |
% Investor Loans | 0.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 0.0% |
Loan Activity
Rentals and Section 8 — Pinehurst
Pinehurst lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 1 |
Total Units Section 8 | 1 |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $1,630 |
| 2 Bedroom | N/A | N/A | $1,970 |
| 3 Bedroom | N/A | N/A | $2,760 |
| 4 Bedroom | N/A | N/A | $3,040 |
Affordability — Pinehurst
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | N/A |
| Median Home Price | N/A |
| Median Household Income | N/A |