Bear Creek, NC27207

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$286,000
0.2% YoY Growth
Median Household Income
$68,200
22.7% 5-Year Growth
Days on Market
24
31.0% Shorter than last year
Home Price Forecast
1.3%
Median Rent
$3,000
N/A
1-Bed Rent
N/A
N/A
2-Bed Rent
N/A
N/A
3-Bed Rent
$3,000
N/A

Property Listings — Bear Creek, NC

As of Oct '25, Realtor.com reports that the median days on market for a home in Bear Creek, NC is 24. This is a decrease of -31.0% 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 50.0%, representing a large inventory and a lot of supply pressure on home prices.

MetricZip Code AverageYear over Year % Change
Median Listing Price
$265,000-37.0%
Listing Count
4-8.0%
Listings as % of Homes0.3%-8.0%
Days on Market
24-31.0%
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Demographics — Bear Creek, NC

As of the latest ACS Survey released in 2023, Bear Creek, NC has a population of 4,130, which has increased by 31.1% over the past 5 years. Bear Creek, NC is a moderately popular place for families, as children make up 16.5% of the population. The area has a moderately educated workforce, with 25.4% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 7.4% reporting working from home.

MetricLatest CensusYoY % Change
Population
4,13031.1%
% Under 18
16.5%3.1%
% Seniors
24.6%8.8%
% WFH
7.4%335.3%
% w/ College Degree
25.4%50.3%
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As of the latest ACS Survey released in 2023, Bear Creek, NC is a predominantly white area, with 82.3% of the population identifying as white. The white population has shrunk by 2.8% in the last 5 years. The second most common race or ethnicity in Bear Creek, NC is black, making up 15.4% of the population. Foreign-born residents account for 0.9% of the population in Bear Creek, NC, and this percentage has decreased by 75.0% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.

Race and Ethnicity

MetricLatest Census5-Year % Change
% White
82.3%-2.8%
% Black
15.4%25.2%
% Hispanic
1.6%77.8%
% Asian
0.0%-100.0%
% Foreign Born
0.9%-75.0%
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Mortgage and Risk — Bear Creek, NC

According to HUD data as of 2023, there were 157 mortgage originations in Bear Creek, NC, of which 84.0% of loans were conventional mortgages. The average loan-to-value was 56.0%, with 24.0% above 90% LTV (very high). This implies large mortgage risk in Bear Creek, NC. Investor activity is low, as 1.0% of loans were by investors. 6.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

Mortgages

MetricZip Code Average
Total Loan Originations
157
% Conventional Loans
84.0%
% Government Loans
16.0%
% Investor Loans
1.0%
% Second Loans
1.0%
% Cash Out Refinance
6.0%

Loan Activity

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Rentals and Section 8 — Bear Creek, NC

Bear Creek, NC lacks sufficient Section 8 program data for analysis.

Section 8 Market Size

Total Units under HUD
10
Total Units Section 8
10
% Rentals under Section 8
3.5%
% Occupied Section 8
N/A

Section 8 Opportunity

Home SizeHUD PremiumMarket RentMax HUD Rent
1 BedroomN/AN/A$1,280
2 BedroomN/AN/A$1,470
3 Bedroom-$1,150$3,000$1,850
4 BedroomN/AN/A$2,260

Affordability — Bear Creek, NC

Home Price to Income Ratio

MetricZip Code Average
Home Price to Income Ratio3.8
Median Home Price$286,000
Median Household Income$68,200

Bear Creek, NC — ZIP Code Boundary Map

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Frequently Asked Questions