Pelham, NC 27311 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Pelham, NC—27311

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$157,000

3.2% YoY Growth

Household Income

$35,500

13.0% YoY Growth

Days on Market

79.0% Longer YoY

Home Price Forecast

N/A

Median Rent

N/A

1-Bed Rent

N/A

2-Bed Rent

N/A

3-Bed Rent

N/A

Home Price Trends — Pelham, NC

Pelham, NC lacks sufficient home price data for analysis.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$157,000	-3.2%
Single Family	$157,000	-1.9%
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed	N/A	N/A

Rental Trends — Pelham, NC

Pelham, NC lacks sufficient rental market data for analysis.

Type	Median Rent	Average Rent
Average Rent	N/A	N/A
Studio Rent	N/A	N/A
1 Bed Rent	N/A	N/A
2 Bed Rent	N/A	N/A
3 Bed Rent	N/A	N/A
4 Bed Rent	N/A	N/A

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% of Rental Stock

1 Bedroom

9.8%

2 Bedrooms

58.4%

3 Bedrooms

21.5%

4 Bedrooms

6.2%

5+ Bedrooms

4.1%

Property Listings — Pelham, NC

As of Dec '25, Realtor.com reports that the median days on market for a home in Pelham, NC is 87. This is a increase of 60.0% 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 0.0%, representing a small inventory and little supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$160,000	-32.0%
Listing Count	8	25.0%
Listings as % of Homes	0.1%	25.0%
Days on Market	95	79.0%

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Demographics — Pelham, NC

As of the latest ACS Survey released in 2023, Pelham, NC has a population of 3,660, which has decreased by -1.1% over the past 5 years. Pelham, NC is a popular place for families, as children make up 25.2% of the population. The area has a poorly educated workforce, with 8.6% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 10.7% reporting working from home.

Metric	Latest Census	YoY % Change
Population	3,660	-1.1%
% Under 18	25.2%	33.3%
% Seniors	19.8%	4.8%
% WFH	10.7%	970.0%
% w/ College Degree	8.6%	7.5%

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As of the latest ACS Survey released in 2023, Pelham, NC is a predominantly white area, with 58.9% of the population identifying as white. The white population has shrunk by 6.4% in the last 5 years. The second most common race or ethnicity in Pelham, NC is black, making up 22.9% of the population. Foreign-born residents account for 8.0% of the population in Pelham, NC, and this percentage has increased by 86.0% 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	58.9%	-6.4%
% Black	22.9%	-12.9%
% Hispanic	15.4%	62.1%
% Asian	0.5%	400.0%
% Foreign Born	8.0%	86.0%

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Mortgage and Risk — Pelham, NC

According to HUD data as of 2023, there were 46 mortgage originations in Pelham, NC, of which 83.0% of loans were conventional mortgages. The average loan-to-value was 68.0%, with 43.0% above 90% LTV (very high). This implies large mortgage risk in Pelham, NC. Investor activity is low, as 2.0% of loans were by investors. 7.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	46
% Conventional Loans	83.0%
% Government Loans	17.0%
% Investor Loans	2.0%
% Second Loans	0.0%
% Cash Out Refinance	7.0%

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Rentals and Section 8 — Pelham, NC

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

Section 8 Market Size

Total Units under HUD	31
Total Units Section 8	31
% Rentals under Section 8	8.9%
% Occupied Section 8	75.0%

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	N/A	N/A	$820
2 Bedroom	N/A	N/A	$930
3 Bedroom	N/A	N/A	$1,260
4 Bedroom	N/A	N/A	$1,390

Pelham, NC—27311

Key Metrics at a Glance

Home Price Trends — Pelham, NC

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Pelham, NC

% of Rental Stock

Property Listings — Pelham, NC

Demographics — Pelham, NC

Race and Ethnicity

Mortgage and Risk — Pelham, NC

Mortgages

Rentals and Section 8 — Pelham, NC

Section 8 Market Size

Section 8 Opportunity

Affordability — Pelham, NC

Home Price to Income Ratio

Pelham, NC — ZIP Code Boundary Map

Nearby ZIP Codes

Ruffin, NC

Danville, VA

Danville, VA

Cascade, VA

Reidsville, NC

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	4.3
Median Home Price	$157,000
Median Household Income	$35,500

Pelham, NC—27311

Key Metrics at a Glance

Home Price Trends — Pelham, NC

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Pelham, NC

% of Rental Stock

Property Listings — Pelham, NC

Demographics — Pelham, NC

Race and Ethnicity

Mortgage and Risk — Pelham, NC

Mortgages

Rentals and Section 8 — Pelham, NC

Section 8 Market Size

Section 8 Opportunity

Affordability — Pelham, NC

Home Price to Income Ratio

Pelham, NC — ZIP Code Boundary Map

Nearby ZIP Codes

Ruffin, NC

Danville, VA

Danville, VA

Cascade, VA

Reidsville, NC

Frequently Asked Questions

What is the average home price in Pelham, NC 27311?

How have home prices in Pelham, NC 27311 changed over the past year?

What is the home price projection for Pelham, NC 27311?

What are the demographics of Pelham, NC 27311?

How long does it take homes to sell in Pelham, NC 27311?

What is the average rent price in Pelham, NC 27311?