Sanford, NC27330

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$285,000
0.8% YoY Growth
Median Household Income
$60,700
24.6% 5-Year Growth
Days on Market
55
17.0% Shorter than last year
Home Price Forecast
2.4%
Median Rent
$1,850
10.3% YoY Growth
1-Bed Rent
$1,220
N/A
2-Bed Rent
$1,350
3.9% YoY Growth
3-Bed Rent
$1,790
0.6% YoY Growth

Other Zip Codes in Sanford, NC

Property Listings — Sanford, NC

As of Oct '25, Realtor.com reports that the median days on market for a home in Sanford, NC is 55. This is a decrease of -17.0% 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 22.0%, representing a small inventory and little supply pressure on home prices.

MetricZip Code AverageYear over Year % Change
Median Listing Price
$370,0002.0%
Listing Count
22623.0%
Listings as % of Homes0.5%23.0%
Days on Market
55-17.0%
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Demographics — Sanford, NC

As of the latest ACS Survey released in 2023, Sanford, NC has a population of 41,500, which has increased by 5.6% over the past 5 years. Sanford, NC is a popular place for families, as children make up 25.7% of the population. The area has a poorly educated workforce, with 23.1% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 6.0% reporting working from home.

MetricLatest CensusYoY % Change
Population
41,5005.6%
% Under 18
25.7%4.5%
% Seniors
14.7%0.0%
% WFH
6.0%106.9%
% w/ College Degree
23.1%7.9%
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As of the latest ACS Survey released in 2023, Sanford, NC is a predominantly white area, with 53.7% of the population identifying as white. The white population has shrunk by 7.4% in the last 5 years. The second most common race or ethnicity in Sanford, NC is hispanic, making up 21.5% of the population. Foreign-born residents account for 9.9% of the population in Sanford, NC, and this percentage has decreased by 5.7% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.

Race and Ethnicity

MetricLatest Census5-Year % Change
% White
53.7%-7.4%
% Black
20.2%-5.2%
% Hispanic
21.5%16.8%
% Asian
1.6%60.0%
% Foreign Born
9.9%-5.7%
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Mortgage and Risk — Sanford, NC

According to HUD data as of 2023, there were 1006 mortgage originations in Sanford, NC, of which 70.0% of loans were conventional mortgages. The average loan-to-value was 64.0%, with 33.0% above 90% LTV (very high). This implies large mortgage risk in Sanford, NC. Investor activity is low, as 2.0% of loans were by investors. 10.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

Mortgages

MetricZip Code Average
Total Loan Originations
1,006
% Conventional Loans
70.0%
% Government Loans
30.0%
% Investor Loans
2.0%
% Second Loans
1.0%
% Cash Out Refinance
10.0%

Loan Activity

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Rentals and Section 8 — Sanford, NC

As of 2024, the percent of homes in Sanford, 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 Sanford, NC, all tracked home sizes have HUD payment amounts above market rent, suggesting strong Section 8 opportunity across the board.

Section 8 Market Size

Total Units under HUD
740
Total Units Section 8
567
% Rentals under Section 8
9.8%
% Occupied Section 8
78.9%

Section 8 Opportunity

Home SizeHUD PremiumMarket RentMax HUD Rent
1 Bedroom$60$1,220$1,280
2 Bedroom$120$1,350$1,470
3 Bedroom$60$1,790$1,850
4 Bedroom$10$2,250$2,260

Affordability — Sanford, NC

Home Price to Income Ratio

MetricZip Code Average
Home Price to Income Ratio4.3
Median Home Price$285,000
Median Household Income$60,700

Sanford, NC — ZIP Code Boundary Map

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Frequently Asked Questions