King, NC 27021 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

King, NC—27021

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$268,000

3.7% YoY Growth

Household Income

$61,700

23.2% YoY Growth

Days on Market

67.0% Longer YoY

Home Price Forecast

2.6%

Median Rent

$1,650

10.0% YoY Growth

1-Bed Rent

N/A

2-Bed Rent

$1,040

15.6% YoY Growth

3-Bed Rent

$1,650

13.2% YoY Growth

Home Price Trends — King, NC

As of Dec '25, the median home price in King, NC is $268,000, with a year-over-year change of 3.7%. This indicates that home prices in King, NC are increasing. According to Zillow, the 1-year price projection is 2.6%, suggesting an increase housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$268,000	3.7%
Single Family	$268,000	4.3%
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — King, NC

As of July '25, Rentcast reports the average rent in King, NC is $1,540, with a year-over-year rent change of 10.0%. Per bedroom, the median rent as of July '25 in King, NC is 2-bedrooms: $1,000, 3-bedrooms: $1,650, 4-bedrooms: $2,100. The most common rental property sizes in King, NC are 3-bedroom and 2-bedroom, accounting for 46.5% and 34.3% of the rental stock.

Type	Median Rent	Average Rent
Average Rent	$1,650	$1,540
Studio Rent	N/A	N/A
1 Bed Rent	N/A	N/A
2 Bed Rent	$1,040	$1,000
3 Bed Rent	$1,650	$1,650
4 Bed Rent	$2,000	$2,100

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% of Rental Stock

Studio

7.6%

1 Bedroom

4.3%

2 Bedrooms

34.3%

3 Bedrooms

46.5%

4 Bedrooms

7.3%

Property Listings — King, NC

As of Dec '25, Realtor.com reports that the median days on market for a home in King, NC is 72. This is a increase of 55.0% 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 19.0%, representing a small inventory and little supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$338,000	-1.0%
Listing Count	96	12.0%
Listings as % of Homes	0.8%	12.0%
Days on Market	83	67.0%

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Demographics — King, NC

As of the latest ACS Survey released in 2023, King, NC has a population of 17,000, which has decreased by -2.9% over the past 5 years. King, NC is a moderately popular place for families, as children make up 18.5% of the population. The area has a poorly educated workforce, with 24.1% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 6.3% reporting working from home.

Metric	Latest Census	YoY % Change
Population	17,000	-2.9%
% Under 18	18.5%	-8.9%
% Seniors	22.2%	16.8%
% WFH	6.3%	37.0%
% w/ College Degree	24.1%	65.1%

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As of the latest ACS Survey released in 2023, King, NC is a predominantly white area, with 90.7% of the population identifying as white. The white population has shrunk by 2.5% in the last 5 years. The second most common race or ethnicity in King, NC is hispanic, making up 4.1% of the population. Foreign-born residents account for 2.9% of the population in King, NC, and this percentage has increased by 26.1% 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	90.7%	-2.5%
% Black	1.6%	-36.0%
% Hispanic	4.1%	17.1%
% Asian	0.0%	N/A
% Foreign Born	2.9%	26.1%

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Mortgage and Risk — King, NC

According to HUD data as of 2023, there were 395 mortgage originations in King, NC, of which 80.0% of loans were conventional mortgages. The average loan-to-value was 60.0%, with 29.0% above 90% LTV (very high). This implies large mortgage risk in King, NC. Investor activity is low, as 0.0% of loans were by investors. 12.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	395
% Conventional Loans	80.0%
% Government Loans	20.0%
% Investor Loans	0.0%
% Second Loans	0.0%
% Cash Out Refinance	12.0%

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Rentals and Section 8 — King, NC

King, NC lacks sufficient Section 8 program data for analysis.

Section 8 Market Size

Total Units under HUD	227
Total Units Section 8	193
% Rentals under Section 8	8.7%
% Occupied Section 8	90.5%

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	N/A	N/A	$930
2 Bedroom	$50	$1,040	$1,090
3 Bedroom	-$220	$1,650	$1,430
4 Bedroom	-$320	$2,000	$1,680

King, NC—27021

Key Metrics at a Glance

Home Price Trends — King, NC

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — King, NC

% of Rental Stock

Property Listings — King, NC

Demographics — King, NC

Race and Ethnicity

Mortgage and Risk — King, NC

Mortgages

Rentals and Section 8 — King, NC

Section 8 Market Size

Section 8 Opportunity

Affordability — King, NC

Home Price to Income Ratio

King, NC — ZIP Code Boundary Map

Nearby ZIP Codes

Rural Hall, NC

Tobaccoville, NC

Germanton, NC

Pinnacle, NC

Mount Airy, NC

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	3.8
Median Home Price	$268,000
Median Household Income	$61,700

King, NC—27021

Key Metrics at a Glance

Home Price Trends — King, NC

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — King, NC

% of Rental Stock

Property Listings — King, NC

Demographics — King, NC

Race and Ethnicity

Mortgage and Risk — King, NC

Mortgages

Rentals and Section 8 — King, NC

Section 8 Market Size

Section 8 Opportunity

Affordability — King, NC

Home Price to Income Ratio

King, NC — ZIP Code Boundary Map

Nearby ZIP Codes

Rural Hall, NC

Tobaccoville, NC

Germanton, NC

Pinnacle, NC

Mount Airy, NC

Frequently Asked Questions

What is the average home price in King, NC 27021?

How have home prices in King, NC 27021 changed over the past year?

What is the home price projection for King, NC 27021?

What are the demographics of King, NC 27021?

How long does it take homes to sell in King, NC 27021?

What is the average rent price in King, NC 27021?