Siler City, NC 27344 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Siler City, NC—27344

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$250,000

1.0% YoY Growth

Household Income

$62,500

46.4% YoY Growth

Days on Market

25.0% Longer YoY

Home Price Forecast

1.4%

Median Rent

$1,200

24.5% YoY Growth

1-Bed Rent

$1,200

37.1% YoY Growth

2-Bed Rent

$1,200

6.3% YoY Growth

3-Bed Rent

$1,450

42.2% YoY Growth

Home Price Trends — Siler City, NC

As of Dec '25, the median home price in Siler City, NC is $250,000, with a year-over-year change of -1.0%. This indicates that home prices in Siler City, NC are flat. According to Zillow, the 1-year price projection is 1.4%, suggesting an increase housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$250,000	-1.0%
Single Family	$249,000	-0.8%
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — Siler City, NC

As of July '25, Rentcast reports the average rent in Siler City, NC is $1,510, with a year-over-year rent change of -24.5%. Per bedroom, the median rent as of July '25 in Siler City, NC is 1-bedrooms: $1,100, 2-bedrooms: $1,350, 3-bedrooms: $1,710, 4-bedrooms: $1,550. The most common rental property sizes in Siler City, NC are 3-bedroom and 2-bedroom, accounting for 54.6% and 31.4% of the rental stock.

Type	Median Rent	Average Rent
Average Rent	$1,200	$1,510
Studio Rent	N/A	N/A
1 Bed Rent	$1,200	$1,100
2 Bed Rent	$1,200	$1,350
3 Bed Rent	$1,450	$1,710
4 Bed Rent	$1,550	$1,550

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% of Rental Stock

1 Bedroom

7.0%

2 Bedrooms

31.4%

3 Bedrooms

54.6%

4 Bedrooms

6.4%

5+ Bedrooms

0.5%

Property Listings — Siler City, NC

As of Dec '25, Realtor.com reports that the median days on market for a home in Siler City, NC is 75. This is a increase of 67.0% 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 12.0%, representing a small inventory and little supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$500,000	-6.0%
Listing Count	31	12.0%
Listings as % of Homes	0.2%	12.0%
Days on Market	86	25.0%

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Demographics — Siler City, NC

As of the latest ACS Survey released in 2023, Siler City, NC has a population of 18,800, which has remained stable by 0.0% over the past 5 years. Siler City, NC is a moderately popular place for families, as children make up 24.2% of the population. The area has a poorly educated workforce, with 21.7% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 4.2% reporting working from home.

Metric	Latest Census	YoY % Change
Population	18,800	0.0%
% Under 18	24.2%	-3.6%
% Seniors	19.0%	19.5%
% WFH	4.2%	-25.0%
% w/ College Degree	21.7%	38.2%

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As of the latest ACS Survey released in 2023, Siler City, NC is a predominantly white area, with 45.2% of the population identifying as white. The white population has shrunk by 4.0% in the last 5 years. The second most common race or ethnicity in Siler City, NC is hispanic, making up 33.0% of the population. Foreign-born residents account for 17.7% of the population in Siler City, NC, and this percentage has increased by 14.9% 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	45.2%	-4.0%
% Black	16.0%	-8.6%
% Hispanic	33.0%	11.5%
% Asian	0.1%	-85.7%
% Foreign Born	17.7%	14.9%

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Mortgage and Risk — Siler City, NC

According to HUD data as of 2023, there were 179 mortgage originations in Siler City, NC, of which 78.0% of loans were conventional mortgages. The average loan-to-value was 58.0%, with 25.0% above 90% LTV (very high). This implies large mortgage risk in Siler City, NC. Investor activity is low, as 2.0% 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	179
% Conventional Loans	78.0%
% Government Loans	22.0%
% Investor Loans	2.0%
% Second Loans	0.0%
% Cash Out Refinance	9.0%

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Rentals and Section 8 — Siler City, NC

As of 2024, the percent of homes in Siler City, NC under the Section 8 program is 15.2%. This is considered high, suggesting that the neighborhood is heavily composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. In Siler City, 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	315
Total Units Section 8	315
% Rentals under Section 8	15.2%
% Occupied Section 8	69.3%

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	$80	$1,200	$1,280
2 Bedroom	$270	$1,200	$1,470
3 Bedroom	$400	$1,450	$1,850
4 Bedroom	$710	$1,550	$2,260

Siler City, NC—27344

Key Metrics at a Glance

Home Price Trends — Siler City, NC

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Siler City, NC

% of Rental Stock

Property Listings — Siler City, NC

Demographics — Siler City, NC

Race and Ethnicity

Mortgage and Risk — Siler City, NC

Mortgages

Rentals and Section 8 — Siler City, NC

Section 8 Market Size

Section 8 Opportunity

Affordability — Siler City, NC

Home Price to Income Ratio

Siler City, NC — ZIP Code Boundary Map

Nearby ZIP Codes

Bear Creek, NC

Staley, NC

Snow Camp, NC

Goldston, NC

Ramseur, NC

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	3.7
Median Home Price	$250,000
Median Household Income	$62,500

Siler City, NC—27344

Key Metrics at a Glance

Home Price Trends — Siler City, NC

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Siler City, NC

% of Rental Stock

Property Listings — Siler City, NC

Demographics — Siler City, NC

Race and Ethnicity

Mortgage and Risk — Siler City, NC

Mortgages

Rentals and Section 8 — Siler City, NC

Section 8 Market Size

Section 8 Opportunity

Affordability — Siler City, NC

Home Price to Income Ratio

Siler City, NC — ZIP Code Boundary Map

Nearby ZIP Codes

Bear Creek, NC

Staley, NC

Snow Camp, NC

Goldston, NC

Ramseur, NC

Frequently Asked Questions

What is the average home price in Siler City, NC 27344?

How have home prices in Siler City, NC 27344 changed over the past year?

What is the home price projection for Siler City, NC 27344?

What are the demographics of Siler City, NC 27344?

How long does it take homes to sell in Siler City, NC 27344?

What is the average rent price in Siler City, NC 27344?