Clemmons, NC—27012
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Clemmons, NC
As of Oct '25, the median home price in Clemmons, NC is $380,000, with a year-over-year change of 1.2%. This indicates that home prices in Clemmons, NC are increasing. According to Zillow, the 1-year price projection is 1.4%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $380,000 | 1.2% |
| Single Family | $387,000 | 1.6% |
| Condos | $201,000 | 0.5% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $225,000 | 0.0% |
3 Bed | $339,000 | 1.2% |
4 Bed | $476,000 | 2.1% |
| 5 Bed | $586,000 | 2.1% |
% of Housing Stock
Rental Trends — Clemmons, NC
As of July '25, Rentcast reports the average rent in Clemmons, NC is $1,660, with a year-over-year rent change of -16.2%. Per bedroom, the median rent as of July '25 in Clemmons, NC is 1-bedrooms: $1,010, 2-bedrooms: $1,180, 3-bedrooms: $2,100, 4-bedrooms: $2,610. The most common rental property sizes in Clemmons, NC are 2-bedroom and 3-bedroom, accounting for 54.5% and 24.7% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,300 | $1,660 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $950 | $1,010 |
| 2 Bed Rent | $1,120 | $1,180 |
| 3 Bed Rent | $2,100 | $2,100 |
| 4 Bed Rent | $2,560 | $2,610 |
% of Rental Stock
Property Listings — Clemmons, NC
As of Oct '25, Realtor.com reports that the median days on market for a home in Clemmons, NC is 46. This is a decrease of -3.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 28.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $450,000 | 6.0% |
Listing Count | 155 | 10.0% |
| Listings as % of Homes | 0.7% | 10.0% |
Days on Market | 46 | -3.0% |
Demographics — Clemmons, NC
As of the latest ACS Survey released in 2023, Clemmons, NC has a population of 29,700, which has increased by 8.1% over the past 5 years. Clemmons, NC is a moderately popular place for families, as children make up 20.3% of the population. The area has a highly educated workforce, with 48.8% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 16.4% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 29,700 | 8.1% |
% Under 18 | 20.3% | -13.6% |
% Seniors | 21.4% | 22.3% |
% WFH | 16.4% | 121.6% |
% w/ College Degree | 48.8% | 2.5% |
As of the latest ACS Survey released in 2023, Clemmons, NC is a predominantly white area, with 79.7% of the population identifying as white. The white population has shrunk by 1.0% in the last 5 years. The second most common race or ethnicity in Clemmons, NC is hispanic, making up 8.3% of the population. Foreign-born residents account for 7.3% of the population in Clemmons, NC, and this percentage has decreased by 8.8% 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 | 79.7% | -1.0% |
% Black | 5.0% | -36.7% |
% Hispanic | 8.3% | 36.1% |
% Asian | 4.1% | 0.0% |
% Foreign Born | 7.3% | -8.8% |
Mortgage and Risk — Clemmons, NC
According to HUD data as of 2023, there were 967 mortgage originations in Clemmons, NC, of which 85.0% of loans were conventional mortgages. The average loan-to-value was 56.0%, with 19.0% above 90% LTV (elevated). This implies medium mortgage risk in Clemmons, NC. Investor activity is low, as 1.0% 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 | 967 |
% Conventional Loans | 85.0% |
% Government Loans | 15.0% |
% Investor Loans | 1.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 10.0% |
Loan Activity
Rentals and Section 8 — Clemmons, NC
As of 2024, the percent of homes in Clemmons, NC under the Section 8 program is 1.0%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. 1-bedroom and 2-bedroom units appear to be good home sizes to consider for Section 8 housing in Clemmons, NC, because HUD payments exceed market rent, while 3-bedroom and 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 23 |
Total Units Section 8 | 23 |
% Rentals under Section 8 | 1.0% |
% Occupied Section 8 | 69.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $60 | $950 | $1,010 |
| 2 Bedroom | $60 | $1,120 | $1,180 |
| 3 Bedroom | -$550 | $2,100 | $1,550 |
| 4 Bedroom | -$720 | $2,560 | $1,840 |
Affordability — Clemmons, NC
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.8 |
| Median Home Price | $380,000 |
| Median Household Income | $94,100 |