Sanford, NC—27332
Real Estate Data & Market Trends
Key Metrics at a Glance
Other Zip Codes in Sanford, NC
Home Price Trends — Sanford, NC
As of Oct '25, the median home price in Sanford, NC is $293,000, with a year-over-year change of 0.9%. This indicates that home prices in Sanford, NC are flat. According to Zillow, the 1-year price projection is 2.2%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $293,000 | 0.9% |
| Single Family | $293,000 | 0.7% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $205,000 | 0.5% |
3 Bed | $287,000 | 0.7% |
4 Bed | $359,000 | 1.4% |
| 5 Bed | $481,000 | 1.9% |
% of Housing Stock
Rental Trends — Sanford, NC
As of July '25, Rentcast reports the average rent in Sanford, NC is $1,770, with a year-over-year rent change of -1.1%. Per bedroom, the median rent as of July '25 in Sanford, NC is 1-bedrooms: $1,300, 2-bedrooms: $1,490, 3-bedrooms: $1,800, 4-bedrooms: $2,400. The most common rental property sizes in Sanford, NC are 3-bedroom and 2-bedroom, accounting for 46.2% and 31.0% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,620 | $1,770 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,290 | $1,300 |
| 2 Bed Rent | $1,480 | $1,490 |
| 3 Bed Rent | $1,800 | $1,800 |
| 4 Bed Rent | $2,100 | $2,400 |
% of Rental Stock
Property Listings — Sanford, NC
As of Oct '25, Realtor.com reports that the median days on market for a home in Sanford, NC is 71. This is a increase of 2.0% 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 18.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $360,000 | 0.0% |
Listing Count | 215 | -12.0% |
| Listings as % of Homes | 1.0% | -12.0% |
Days on Market | 71 | 2.0% |
Demographics — Sanford, NC
As of the latest ACS Survey released in 2023, Sanford, NC has a population of 34,400, which has increased by 8.7% over the past 5 years. Sanford, NC is a moderately popular place for families, as children make up 23.5% of the population. The area has a poorly educated workforce, with 22.9% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 6.1% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 34,400 | 8.7% |
% Under 18 | 23.5% | -12.3% |
% Seniors | 16.8% | 14.3% |
% WFH | 6.1% | 110.3% |
% w/ College Degree | 22.9% | -1.3% |
As of the latest ACS Survey released in 2023, Sanford, NC is a predominantly white area, with 59.1% of the population identifying as white. The white population has shrunk by 1.3% in the last 5 years. The second most common race or ethnicity in Sanford, NC is hispanic, making up 19.1% of the population. Foreign-born residents account for 8.4% of the population in Sanford, NC, and this percentage has increased by 6.3% 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 | 59.1% | -1.3% |
% Black | 15.8% | -14.6% |
% Hispanic | 19.1% | 13.7% |
% Asian | 1.1% | -15.4% |
% Foreign Born | 8.4% | 6.3% |
Mortgage and Risk — Sanford, NC
According to HUD data as of 2023, there were 1136 mortgage originations in Sanford, NC, of which 42.0% of loans were conventional mortgages. The average loan-to-value was 76.0%, with 54.0% above 90% LTV (very high). This implies large mortgage risk in Sanford, NC. Investor activity is low, as 1.0% of loans were by investors. 13.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 1,136 |
% Conventional Loans | 42.0% |
% Government Loans | 58.0% |
% Investor Loans | 1.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 13.0% |
Loan Activity
Rentals and Section 8 — Sanford, NC
As of 2024, the percent of homes in Sanford, NC under the Section 8 program is 4.3%. 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, 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 | 122 |
Total Units Section 8 | 117 |
% Rentals under Section 8 | 4.3% |
% Occupied Section 8 | 78.2% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$310 | $1,290 | $980 |
| 2 Bedroom | -$230 | $1,480 | $1,250 |
| 3 Bedroom | -$210 | $1,800 | $1,590 |
| 4 Bedroom | -$140 | $2,100 | $1,960 |
Affordability — Sanford, NC
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.7 |
| Median Home Price | $293,000 |
| Median Household Income | $73,100 |