Randleman, NC—27317
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Randleman, NC
As of Oct '25, the median home price in Randleman, NC is $249,000, with a year-over-year change of 1.2%. This indicates that home prices in Randleman, NC are increasing. According to Zillow, the 1-year price projection is 1.1%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $249,000 | 1.2% |
| Single Family | $250,000 | 1.6% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $194,000 | 2.6% |
3 Bed | $263,000 | 2.3% |
4 Bed | $287,000 | 2.9% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Randleman, NC
As of July '25, Rentcast reports the average rent in Randleman, NC is $1,200, with a year-over-year rent change of 7.1%. Per bedroom, the median rent as of July '25 in Randleman, NC is 1-bedrooms: $725, 2-bedrooms: $1,290, 3-bedrooms: $1,400. The most common rental property sizes in Randleman, NC are 3-bedroom and 2-bedroom, accounting for 37.8% and 37.0% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,200 | $1,200 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $700 | $725 |
| 2 Bed Rent | $1,200 | $1,290 |
| 3 Bed Rent | $1,400 | $1,400 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Randleman, NC
As of Oct '25, Realtor.com reports that the median days on market for a home in Randleman, NC is 26. This is a decrease of -18.0% 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 33.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $307,000 | -1.0% |
Listing Count | 36 | 0.0% |
| Listings as % of Homes | 0.2% | 0.0% |
Days on Market | 26 | -18.0% |
Demographics — Randleman, NC
As of the latest ACS Survey released in 2023, Randleman, NC has a population of 17,800, which has increased by 6.8% over the past 5 years. Randleman, NC is a moderately popular place for families, as children make up 22.6% of the population. The area has a poorly educated workforce, with 14.6% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 8.2% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 17,800 | 6.8% |
% Under 18 | 22.6% | -8.5% |
% Seniors | 17.7% | 21.2% |
% WFH | 8.2% | 256.5% |
% w/ College Degree | 14.6% | -4.6% |
As of the latest ACS Survey released in 2023, Randleman, NC is a predominantly white area, with 79.0% of the population identifying as white. The white population has shrunk by 0.8% in the last 5 years. The second most common race or ethnicity in Randleman, NC is hispanic, making up 13.3% of the population. Foreign-born residents account for 5.8% of the population in Randleman, NC, and this percentage has increased by 13.7% 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 | 79.0% | -0.8% |
% Black | 4.3% | -10.4% |
% Hispanic | 13.3% | 10.8% |
% Asian | 0.4% | -69.2% |
% Foreign Born | 5.8% | 13.7% |
Mortgage and Risk — Randleman, NC
According to HUD data as of 2023, there were 209 mortgage originations in Randleman, NC, of which 78.0% of loans were conventional mortgages. The average loan-to-value was 59.0%, with 32.0% above 90% LTV (very high). This implies large mortgage risk in Randleman, NC. Investor activity is low, as 0.0% of loans were by investors. 10.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 209 |
% Conventional Loans | 78.0% |
% Government Loans | 22.0% |
% Investor Loans | 0.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 10.0% |
Loan Activity
Rentals and Section 8 — Randleman, NC
Randleman, NC lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 191 |
Total Units Section 8 | 111 |
% Rentals under Section 8 | 6.3% |
% Occupied Section 8 | 72.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $240 | $700 | $940 |
| 2 Bedroom | -$140 | $1,200 | $1,060 |
| 3 Bedroom | -$50 | $1,400 | $1,350 |
| 4 Bedroom | N/A | N/A | $1,520 |
Affordability — Randleman, NC
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.9 |
| Median Home Price | $249,000 |
| Median Household Income | $57,300 |