Pilot Mountain, NC—27041
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Pilot Mountain, NC
As of Oct '25, the median home price in Pilot Mountain, NC is $256,000, with a year-over-year change of 0.0%. This indicates that home prices in Pilot Mountain, NC are flat. According to Zillow, the 1-year price projection is 2.4%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $256,000 | 0.0% |
| Single Family | $259,000 | 0.8% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $196,000 | -0.5% |
3 Bed | $265,000 | 0.0% |
4 Bed | $398,000 | 1.5% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Pilot Mountain, NC
As of July '25, Rentcast reports the average rent in Pilot Mountain, NC is $1,020, with a year-over-year rent change of 3.6%. Per bedroom, the median rent as of July '25 in Pilot Mountain, NC is studios: $575, 1-bedrooms: $900, 2-bedrooms: $978, 3-bedrooms: $1,500. The most common rental property sizes in Pilot Mountain, NC are 2-bedroom and 3-bedroom, accounting for 48.2% and 41.1% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $920 | $1,020 |
| Studio Rent | $575 | $575 |
| 1 Bed Rent | $900 | $900 |
| 2 Bed Rent | $1,000 | $978 |
| 3 Bed Rent | $1,500 | $1,500 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Pilot Mountain, NC
As of Oct '25, Realtor.com reports that the median days on market for a home in Pilot Mountain, NC is 116. This is a increase of 78.0% 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 48.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $312,000 | -10.0% |
Listing Count | 21 | 8.0% |
| Listings as % of Homes | 0.4% | 8.0% |
Days on Market | 116 | 78.0% |
Demographics — Pilot Mountain, NC
As of the latest ACS Survey released in 2023, Pilot Mountain, NC has a population of 7,510, which has decreased by -5.5% over the past 5 years. Pilot Mountain, 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 23.4% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 9.1% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 7,510 | -5.5% |
% Under 18 | 18.5% | -14.0% |
% Seniors | 20.6% | 3.5% |
% WFH | 9.1% | 111.6% |
% w/ College Degree | 23.4% | 12.5% |
As of the latest ACS Survey released in 2023, Pilot Mountain, NC is a predominantly white area, with 90.8% of the population identifying as white. The white population has grown by 1.1% in the last 5 years. The second most common race or ethnicity in Pilot Mountain, NC is black, making up 4.7% of the population. Foreign-born residents account for 4.8% of the population in Pilot Mountain, NC, and this percentage has increased by 37.1% 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 | 90.8% | 1.1% |
% Black | 4.7% | 123.8% |
% Hispanic | 2.1% | -62.5% |
% Asian | 0.4% | 0.0% |
% Foreign Born | 4.8% | 37.1% |
Mortgage and Risk — Pilot Mountain, NC
According to HUD data as of 2023, there were 225 mortgage originations in Pilot Mountain, NC, of which 76.0% of loans were conventional mortgages. The average loan-to-value was 60.0%, with 27.0% above 90% LTV (very high). This implies large mortgage risk in Pilot Mountain, NC. Investor activity is low, as 0.0% of loans were by investors. 8.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 225 |
% Conventional Loans | 76.0% |
% Government Loans | 24.0% |
% Investor Loans | 0.0% |
% Second Loans | 2.0% |
% Cash Out Refinance | 8.0% |
Loan Activity
Rentals and Section 8 — Pilot Mountain, NC
Pilot Mountain, NC lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 17 |
Total Units Section 8 | 13 |
% Rentals under Section 8 | 2.2% |
% Occupied Section 8 | 89.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$50 | $900 | $850 |
| 2 Bedroom | $0 | $1,000 | $1,000 |
| 3 Bedroom | -$190 | $1,500 | $1,310 |
| 4 Bedroom | N/A | N/A | $1,510 |
Affordability — Pilot Mountain, NC
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.3 |
| Median Home Price | $256,000 |
| Median Household Income | $68,300 |