Pittsboro, NC 27312 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Pittsboro, NC—27312

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$553,000

0.5% YoY Growth

Household Income

$101,000

39.0% YoY Growth

Days on Market

100

7.0% Longer YoY

Home Price Forecast

1.7%

Median Rent

$1,660

16.8% YoY Growth

1-Bed Rent

$1,390

12.7% YoY Growth

2-Bed Rent

$1,800

2.7% YoY Growth

3-Bed Rent

$2,100

8.3% YoY Growth

Home Price Trends — Pittsboro, NC

As of Dec '25, the median home price in Pittsboro, NC is $553,000, with a year-over-year change of 0.5%. This indicates that home prices in Pittsboro, NC are flat. According to Zillow, the 1-year price projection is 1.7%, suggesting an increase housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$553,000	0.5%
Single Family	$555,000	0.9%
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — Pittsboro, NC

As of July '25, Rentcast reports the average rent in Pittsboro, NC is $1,830, with a year-over-year rent change of -16.8%. Per bedroom, the median rent as of July '25 in Pittsboro, NC is studios: $1,470, 1-bedrooms: $1,380, 2-bedrooms: $1,790, 3-bedrooms: $2,210, 4-bedrooms: $3,520. The most common rental property sizes in Pittsboro, NC are 2-bedroom and 3-bedroom, accounting for 46.4% and 25.6% of the rental stock.

Type	Median Rent	Average Rent
Average Rent	$1,660	$1,830
Studio Rent	$1,460	$1,470
1 Bed Rent	$1,390	$1,380
2 Bed Rent	$1,800	$1,790
3 Bed Rent	$2,100	$2,210
4 Bed Rent	$3,500	$3,520

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% of Rental Stock

Studio

2.5%

1 Bedroom

17.4%

2 Bedrooms

46.4%

3 Bedrooms

25.6%

4 Bedrooms

8.2%

Property Listings — Pittsboro, NC

As of Dec '25, Realtor.com reports that the median days on market for a home in Pittsboro, NC is 87. This is a increase of 4.0% 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 7.0%, representing a small inventory and little supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$888,000	1.0%
Listing Count	219	12.0%
Listings as % of Homes	2.3%	12.0%
Days on Market	100	7.0%

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Demographics — Pittsboro, NC

As of the latest ACS Survey released in 2023, Pittsboro, NC has a population of 22,400, which has increased by 10.2% over the past 5 years. Pittsboro, NC is a moderately popular place for families, as children make up 17.0% of the population. The area has a highly educated workforce, with 53.5% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 24.5% reporting working from home.

Metric	Latest Census	YoY % Change
Population	22,400	10.2%
% Under 18	17.0%	-2.3%
% Seniors	26.8%	0.4%
% WFH	24.5%	166.3%
% w/ College Degree	53.5%	3.9%

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As of the latest ACS Survey released in 2023, Pittsboro, NC is a predominantly white area, with 77.9% of the population identifying as white. The white population has shrunk by 3.3% in the last 5 years. The second most common race or ethnicity in Pittsboro, NC is black, making up 10.6% of the population. Foreign-born residents account for 8.3% of the population in Pittsboro, NC, and this percentage has increased by 118.4% 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	77.9%	-3.3%
% Black	10.6%	-6.2%
% Hispanic	8.1%	125.0%
% Asian	1.0%	-23.1%
% Foreign Born	8.3%	118.4%

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Mortgage and Risk — Pittsboro, NC

According to HUD data as of 2023, there were 929 mortgage originations in Pittsboro, NC, of which 91.0% of loans were conventional mortgages. The average loan-to-value was 55.0%, with 15.0% above 90% LTV (elevated). This implies medium mortgage risk in Pittsboro, NC. Investor activity is low, as 1.0% of loans were by investors. 5.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	929
% Conventional Loans	91.0%
% Government Loans	9.0%
% Investor Loans	1.0%
% Second Loans	1.0%
% Cash Out Refinance	5.0%

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Rentals and Section 8 — Pittsboro, NC

As of 2024, the percent of homes in Pittsboro, NC under the Section 8 program is 7.7%. 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 Pittsboro, 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	161
Total Units Section 8	161
% Rentals under Section 8	7.7%
% Occupied Section 8	68.0%

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	-$110	$1,390	$1,280
2 Bedroom	-$330	$1,800	$1,470
3 Bedroom	-$250	$2,100	$1,850
4 Bedroom	-$1,240	$3,500	$2,260

Pittsboro, NC—27312

Key Metrics at a Glance

Home Price Trends — Pittsboro, NC

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Pittsboro, NC

% of Rental Stock

Property Listings — Pittsboro, NC

Demographics — Pittsboro, NC

Race and Ethnicity

Mortgage and Risk — Pittsboro, NC

Mortgages

Rentals and Section 8 — Pittsboro, NC

Section 8 Market Size

Section 8 Opportunity

Affordability — Pittsboro, NC

Home Price to Income Ratio

Pittsboro, NC — ZIP Code Boundary Map

Nearby ZIP Codes

Moncure, NC

Carrboro, NC

Chapel Hill, NC

Carrboro, NC

Sanford, NC

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	5.1
Median Home Price	$553,000
Median Household Income	$101,000

Pittsboro, NC—27312

Key Metrics at a Glance

Home Price Trends — Pittsboro, NC

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Pittsboro, NC

% of Rental Stock

Property Listings — Pittsboro, NC

Demographics — Pittsboro, NC

Race and Ethnicity

Mortgage and Risk — Pittsboro, NC

Mortgages

Rentals and Section 8 — Pittsboro, NC

Section 8 Market Size

Section 8 Opportunity

Affordability — Pittsboro, NC

Home Price to Income Ratio

Pittsboro, NC — ZIP Code Boundary Map

Nearby ZIP Codes

Moncure, NC

Carrboro, NC

Chapel Hill, NC

Carrboro, NC

Sanford, NC

Frequently Asked Questions

What is the average home price in Pittsboro, NC 27312?

How have home prices in Pittsboro, NC 27312 changed over the past year?

What is the home price projection for Pittsboro, NC 27312?

What are the demographics of Pittsboro, NC 27312?

How long does it take homes to sell in Pittsboro, NC 27312?

What is the average rent price in Pittsboro, NC 27312?