Graham, NC—27253
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Graham, NC
As of Oct '25, the median home price in Graham, NC is $297,000, with a year-over-year change of 0.0%. This indicates that home prices in Graham, NC are flat. According to Zillow, the 1-year price projection is 2.5%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $297,000 | 0.0% |
| Single Family | $297,000 | 0.3% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $193,000 | -1.5% |
3 Bed | $295,000 | 0.3% |
4 Bed | $382,000 | 1.1% |
| 5 Bed | $412,000 | 1.0% |
% of Housing Stock
Rental Trends — Graham, NC
As of July '25, Rentcast reports the average rent in Graham, NC is $1,420, with a year-over-year rent change of -2.7%. Per bedroom, the median rent as of July '25 in Graham, NC is studios: $448, 1-bedrooms: $1,170, 2-bedrooms: $1,330, 3-bedrooms: $1,790, 4-bedrooms: $2,180. The most common rental property sizes in Graham, NC are 2-bedroom and 3-bedroom, accounting for 47.1% and 23.3% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,370 | $1,420 |
| Studio Rent | $445 | $448 |
| 1 Bed Rent | $1,160 | $1,170 |
| 2 Bed Rent | $1,370 | $1,330 |
| 3 Bed Rent | $1,740 | $1,790 |
| 4 Bed Rent | $1,940 | $2,180 |
% of Rental Stock
Property Listings — Graham, NC
As of Oct '25, Realtor.com reports that the median days on market for a home in Graham, NC is 53. This is a increase of 13.0% 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 31.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $381,000 | 5.0% |
Listing Count | 185 | -14.0% |
| Listings as % of Homes | 0.9% | -14.0% |
Days on Market | 53 | 13.0% |
Demographics — Graham, NC
As of the latest ACS Survey released in 2023, Graham, NC has a population of 32,700, which has increased by 7.0% over the past 5 years. Graham, NC is a moderately popular place for families, as children make up 21.0% of the population. The area has a poorly educated workforce, with 24.3% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 8.9% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 32,700 | 7.0% |
% Under 18 | 21.0% | -12.5% |
% Seniors | 17.2% | 2.4% |
% WFH | 8.9% | 217.9% |
% w/ College Degree | 24.3% | 17.4% |
As of the latest ACS Survey released in 2023, Graham, NC is a predominantly white area, with 62.2% of the population identifying as white. The white population has shrunk by 5.0% in the last 5 years. The second most common race or ethnicity in Graham, NC is hispanic, making up 16.6% of the population. Foreign-born residents account for 10.1% of the population in Graham, NC, and this percentage has increased by 34.7% 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 | 62.2% | -5.0% |
% Black | 16.2% | -5.3% |
% Hispanic | 16.6% | 23.9% |
% Asian | 0.9% | 28.6% |
% Foreign Born | 10.1% | 34.7% |
Mortgage and Risk — Graham, NC
According to HUD data as of 2023, there were 956 mortgage originations in Graham, NC, of which 77.0% of loans were conventional mortgages. The average loan-to-value was 63.0%, with 32.0% above 90% LTV (very high). This implies large mortgage risk in Graham, NC. Investor activity is low, as 1.0% of loans were by investors. 11.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 956 |
% Conventional Loans | 77.0% |
% Government Loans | 23.0% |
% Investor Loans | 1.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 11.0% |
Loan Activity
Rentals and Section 8 — Graham, NC
As of 2024, the percent of homes in Graham, NC under the Section 8 program is 9.8%. 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. In Graham, NC, none of the tracked home sizes currently have HUD payment amounts above market rent, suggesting limited Section 8 opportunity.
Section 8 Market Size
Total Units under HUD | 633 |
Total Units Section 8 | 456 |
% Rentals under Section 8 | 9.8% |
% Occupied Section 8 | 84.6% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$100 | $1,160 | $1,060 |
| 2 Bedroom | -$200 | $1,370 | $1,170 |
| 3 Bedroom | -$270 | $1,740 | $1,470 |
| 4 Bedroom | -$200 | $1,940 | $1,740 |
Affordability — Graham, NC
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.4 |
| Median Home Price | $297,000 |
| Median Household Income | $62,000 |