Reidsville, NC—27320
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Reidsville, NC
As of Oct '25, the median home price in Reidsville, NC is $201,000, with a year-over-year change of -2.4%. This indicates that home prices in Reidsville, NC are decreasing. According to Zillow, the 1-year price projection is 1.2%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $201,000 | -2.4% |
| Single Family | $201,000 | -2.0% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $144,000 | -2.7% |
3 Bed | $259,000 | 0.4% |
4 Bed | $352,000 | 1.4% |
| 5 Bed | $364,000 | 4.3% |
% of Housing Stock
Rental Trends — Reidsville, NC
As of July '25, Rentcast reports the average rent in Reidsville, NC is $1,020, with a year-over-year rent change of -3.8%. Per bedroom, the median rent as of July '25 in Reidsville, NC is 1-bedrooms: $592, 2-bedrooms: $980, 3-bedrooms: $1,160. The most common rental property sizes in Reidsville, NC are 2-bedroom and 3-bedroom, accounting for 49.9% and 24.6% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $996 | $1,020 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $600 | $592 |
| 2 Bed Rent | $975 | $980 |
| 3 Bed Rent | $1,100 | $1,160 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Reidsville, NC
As of Oct '25, Realtor.com reports that the median days on market for a home in Reidsville, NC is 67. This is a increase of 26.0% 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 36.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $249,000 | 0.0% |
Listing Count | 162 | 44.0% |
| Listings as % of Homes | 0.6% | 44.0% |
Days on Market | 67 | 26.0% |
Demographics — Reidsville, NC
As of the latest ACS Survey released in 2023, Reidsville, NC has a population of 38,600, which has remained stable by -0.1% over the past 5 years. Reidsville, NC is a moderately popular place for families, as children make up 21.6% of the population. The area has a poorly educated workforce, with 17.4% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 3.9% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 38,600 | -0.1% |
% Under 18 | 21.6% | 7.5% |
% Seniors | 21.3% | 12.1% |
% WFH | 3.9% | 2.6% |
% w/ College Degree | 17.4% | 6.7% |
As of the latest ACS Survey released in 2023, Reidsville, NC is a predominantly white area, with 64.0% of the population identifying as white. The white population has shrunk by 3.9% in the last 5 years. The second most common race or ethnicity in Reidsville, NC is black, making up 22.7% of the population. Foreign-born residents account for 3.1% of the population in Reidsville, NC, and this percentage has decreased by 11.4% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 64.0% | -3.9% |
% Black | 22.7% | -8.1% |
% Hispanic | 6.9% | 32.7% |
% Asian | 0.2% | -60.0% |
% Foreign Born | 3.1% | -11.4% |
Mortgage and Risk — Reidsville, NC
According to HUD data as of 2023, there were 816 mortgage originations in Reidsville, NC, of which 70.0% of loans were conventional mortgages. The average loan-to-value was 70.0%, with 38.0% above 90% LTV (very high). This implies large mortgage risk in Reidsville, NC. Investor activity is low, as 1.0% of loans were by investors. 9.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 816 |
% Conventional Loans | 70.0% |
% Government Loans | 30.0% |
% Investor Loans | 1.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 9.0% |
Loan Activity
Rentals and Section 8 — Reidsville, NC
Reidsville, NC lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 451 |
Total Units Section 8 | 298 |
% Rentals under Section 8 | 7.4% |
% Occupied Section 8 | 80.1% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $340 | $600 | $940 |
| 2 Bedroom | $105 | $975 | $1,080 |
| 3 Bedroom | $270 | $1,100 | $1,370 |
| 4 Bedroom | N/A | N/A | $1,560 |
Affordability — Reidsville, NC
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.4 |
| Median Home Price | $201,000 |
| Median Household Income | $55,500 |