Seagrove, NC—27341
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Seagrove, NC
As of Oct '25, the median home price in Seagrove, NC is $183,000, with a year-over-year change of 2.5%. This indicates that home prices in Seagrove, NC are increasing. According to Zillow, the 1-year price projection is 1.5%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $183,000 | 2.5% |
| Single Family | $183,000 | 3.4% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $206,000 | 3.0% |
3 Bed | $238,000 | 3.0% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Seagrove, NC
As of July '25, Rentcast reports the average rent in Seagrove, NC is $1,350, with a year-over-year rent change of 12.5%. Per bedroom, the median rent as of July '25 in Seagrove, NC is 2-bedrooms: $1,500, 3-bedrooms: $1,200. The most common rental property sizes in Seagrove, NC are 3-bedroom and 2-bedroom, accounting for 71.4% and 26.2% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,200 | $1,350 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | $1,500 | $1,500 |
| 3 Bed Rent | $1,200 | $1,200 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Seagrove, NC
As of Oct '25, Realtor.com reports that the median days on market for a home in Seagrove, NC is 83. This is a increase of 103.0% 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 0.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $583,000 | 27.0% |
Listing Count | 6 | -5.0% |
| Listings as % of Homes | 0.2% | -5.0% |
Days on Market | 83 | 103.0% |
Demographics — Seagrove, NC
As of the latest ACS Survey released in 2023, Seagrove, NC has a population of 4,200, which has decreased by -20.2% over the past 5 years. Seagrove, NC is a moderately popular place for families, as children make up 21.0% of the population. The area has a poorly educated workforce, with 13.3% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 10.5% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 4,200 | -20.2% |
% Under 18 | 21.0% | 12.9% |
% Seniors | 17.5% | 4.8% |
% WFH | 10.5% | 228.1% |
% w/ College Degree | 13.3% | 13.7% |
As of the latest ACS Survey released in 2023, Seagrove, NC is a predominantly white area, with 89.8% of the population identifying as white. The white population has grown by 9.5% in the last 5 years. The second most common race or ethnicity in Seagrove, NC is black, making up 4.6% of the population. Foreign-born residents account for 0.1% of the population in Seagrove, NC, and this percentage has decreased by 97.8% 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 | 89.8% | 9.5% |
% Black | 4.6% | -32.4% |
% Hispanic | 0.3% | -97.2% |
% Asian | 0.0% | -100.0% |
% Foreign Born | 0.1% | -97.8% |
Mortgage and Risk — Seagrove, NC
According to HUD data as of 2023, there were 62 mortgage originations in Seagrove, NC, of which 69.0% of loans were conventional mortgages. The average loan-to-value was 62.0%, with 31.0% above 90% LTV (very high). This implies large mortgage risk in Seagrove, 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
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 62 |
% Conventional Loans | 69.0% |
% Government Loans | 31.0% |
% Investor Loans | 2.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 10.0% |
Loan Activity
Rentals and Section 8 — Seagrove, NC
Seagrove, NC lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | N/A |
Total Units Section 8 | N/A |
% Rentals under Section 8 | 0.4% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $940 |
| 2 Bedroom | -$440 | $1,500 | $1,060 |
| 3 Bedroom | $150 | $1,200 | $1,350 |
| 4 Bedroom | N/A | N/A | $1,530 |
Affordability — Seagrove, NC
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.8 |
| Median Home Price | $183,000 |
| Median Household Income | $55,900 |