Belews Creek, NC—27009
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Belews Creek, NC
As of Oct '25, the median home price in Belews Creek, NC is $304,000, with a year-over-year change of 3.0%. This indicates that home prices in Belews Creek, NC are increasing. According to Zillow, the 1-year price projection is 2.3%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $304,000 | 3.0% |
| Single Family | $305,000 | 3.7% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $231,000 | 5.0% |
3 Bed | $299,000 | 2.4% |
4 Bed | $544,000 | 6.5% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Belews Creek, NC
As of July '25, Rentcast reports the average rent in Belews Creek, NC is $2,180, with a year-over-year rent change of -6.0%. Per bedroom, the median rent as of July '25 in Belews Creek, NC is 4-bedrooms: $2,180. The most common rental property sizes in Belews Creek, NC are studio and 3-bedroom, accounting for 53.8% and 46.2% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,120 | $2,180 |
| 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 | $2,120 | $2,180 |
% of Rental Stock
Property Listings — Belews Creek, NC
As of Oct '25, Realtor.com reports that the median days on market for a home in Belews Creek, NC is 101. This is a increase of 65.0% 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 20.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $694,000 | 12.0% |
Listing Count | 10 | 93.0% |
| Listings as % of Homes | 0.4% | 93.0% |
Days on Market | 101 | 65.0% |
Demographics — Belews Creek, NC
As of the latest ACS Survey released in 2023, Belews Creek, NC has a population of 3,490, which has increased by 34.6% over the past 5 years. Belews Creek, NC is a moderately popular place for families, as children make up 23.5% of the population. The area has a moderately educated workforce, with 29.0% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 14.2% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 3,490 | 34.6% |
% Under 18 | 23.5% | 2.2% |
% Seniors | 19.7% | 36.8% |
% WFH | 14.2% | 184.0% |
% w/ College Degree | 29.0% | 9.0% |
As of the latest ACS Survey released in 2023, Belews Creek, NC is a predominantly white area, with 72.9% of the population identifying as white. The white population has shrunk by 21.7% in the last 5 years. The second most common race or ethnicity in Belews Creek, NC is black, making up 14.2% of the population. Foreign-born residents account for 7.0% of the population in Belews Creek, NC, and this percentage has increased by 900.0% 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 | 72.9% | -21.7% |
% Black | 14.2% | 305.7% |
% Hispanic | 8.1% | 237.5% |
% Asian | 3.0% | 328.6% |
% Foreign Born | 7.0% | 900.0% |
Mortgage and Risk — Belews Creek, NC
According to HUD data as of 2023, there were 93 mortgage originations in Belews Creek, NC, of which 88.0% of loans were conventional mortgages. The average loan-to-value was 53.0%, with 19.0% above 90% LTV (elevated). This implies medium mortgage risk in Belews Creek, NC. Investor activity is low, as 0.0% of loans were by investors. 10.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 93 |
% Conventional Loans | 88.0% |
% Government Loans | 12.0% |
% Investor Loans | 0.0% |
% Second Loans | 2.0% |
% Cash Out Refinance | 10.0% |
Loan Activity
Rentals and Section 8 — Belews Creek, NC
Belews Creek, NC 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 | $1,220 |
| 2 Bedroom | N/A | N/A | $1,430 |
| 3 Bedroom | N/A | N/A | $1,880 |
| 4 Bedroom | $90 | $2,120 | $2,210 |
Affordability — Belews Creek, NC
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.3 |
| Median Home Price | $304,000 |
| Median Household Income | $83,300 |