Thomasville, NC 27360 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Thomasville, NC—27360

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$230,000

1.1% YoY Growth

Household Income

$60,900

39.5% YoY Growth

Days on Market

10.0% Longer YoY

Home Price Forecast

2.7%

Median Rent

$1,700

12.6% YoY Growth

1-Bed Rent

$650

11.4% YoY Growth

2-Bed Rent

$850

2.1% YoY Growth

3-Bed Rent

$1,800

8.6% YoY Growth

Home Price Trends — Thomasville, NC

As of Dec '25, the median home price in Thomasville, NC is $230,000, with a year-over-year change of 1.1%. This indicates that home prices in Thomasville, NC are increasing. According to Zillow, the 1-year price projection is 2.7%, suggesting an increase housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$230,000	1.1%
Single Family	$231,000	1.8%
Condos	$118,000	-1.7%

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — Thomasville, NC

As of July '25, Rentcast reports the average rent in Thomasville, NC is $1,520, with a year-over-year rent change of 12.6%. Per bedroom, the median rent as of July '25 in Thomasville, NC is studios: $1,000, 1-bedrooms: $700, 2-bedrooms: $933, 3-bedrooms: $1,760, 4-bedrooms: $2,030. The most common rental property sizes in Thomasville, NC are 2-bedroom and 3-bedroom, accounting for 42.2% and 40.7% of the rental stock.

Type	Median Rent	Average Rent
Average Rent	$1,700	$1,520
Studio Rent	$1,000	$1,000
1 Bed Rent	$650	$700
2 Bed Rent	$850	$933
3 Bed Rent	$1,800	$1,760
4 Bed Rent	$2,020	$2,030

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% of Rental Stock

Studio

1.0%

1 Bedroom

10.2%

2 Bedrooms

42.2%

3 Bedrooms

40.7%

4 Bedrooms

5.9%

5+ Bedrooms

0.1%

Property Listings — Thomasville, NC

As of Dec '25, Realtor.com reports that the median days on market for a home in Thomasville, NC is 57. This is a increase of 9.0% 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 14.0%, representing a small inventory and little supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$279,000	4.0%
Listing Count	130	2.0%
Listings as % of Homes	0.4%	2.0%
Days on Market	54	10.0%

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Demographics — Thomasville, NC

As of the latest ACS Survey released in 2023, Thomasville, NC has a population of 48,500, which has increased by 6.4% over the past 5 years. Thomasville, NC is a moderately popular place for families, as children make up 23.3% of the population. The area has a poorly educated workforce, with 16.8% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 7.8% reporting working from home.

Metric	Latest Census	YoY % Change
Population	48,500	6.4%
% Under 18	23.3%	-3.3%
% Seniors	16.7%	0.0%
% WFH	7.8%	178.6%
% w/ College Degree	16.8%	10.5%

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As of the latest ACS Survey released in 2023, Thomasville, NC is a predominantly white area, with 71.0% of the population identifying as white. The white population has shrunk by 4.6% in the last 5 years. The second most common race or ethnicity in Thomasville, NC is hispanic, making up 11.3% of the population. Foreign-born residents account for 7.3% of the population in Thomasville, NC, and this percentage has increased by 4.3% 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	71.0%	-4.6%
% Black	11.2%	-1.8%
% Hispanic	11.3%	-0.9%
% Asian	0.8%	-33.3%
% Foreign Born	7.3%	4.3%

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Mortgage and Risk — Thomasville, NC

According to HUD data as of 2023, there were 866 mortgage originations in Thomasville, NC, of which 72.0% 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 Thomasville, NC. Investor activity is low, as 1.0% of loans were by investors. 12.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	866
% Conventional Loans	72.0%
% Government Loans	28.0%
% Investor Loans	1.0%
% Second Loans	0.0%
% Cash Out Refinance	12.0%

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Rentals and Section 8 — Thomasville, NC

As of 2024, the percent of homes in Thomasville, NC under the Section 8 program is 5.4%. 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. 1-bedroom and 2-bedroom units appear to be good home sizes to consider for Section 8 housing in Thomasville, NC, because HUD payments exceed market rent, while 3-bedroom and 4-bedroom units do not.

Section 8 Market Size

Total Units under HUD	608
Total Units Section 8	349
% Rentals under Section 8	5.4%
% Occupied Section 8	76.7%

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	$290	$650	$940
2 Bedroom	$210	$850	$1,060
3 Bedroom	-$450	$1,800	$1,350
4 Bedroom	-$500	$2,020	$1,520

Thomasville, NC—27360

Key Metrics at a Glance

Home Price Trends — Thomasville, NC

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Thomasville, NC

% of Rental Stock

Property Listings — Thomasville, NC

Demographics — Thomasville, NC

Race and Ethnicity

Mortgage and Risk — Thomasville, NC

Mortgages

Rentals and Section 8 — Thomasville, NC

Section 8 Market Size

Section 8 Opportunity

Affordability — Thomasville, NC

Home Price to Income Ratio

Thomasville, NC — ZIP Code Boundary Map

Nearby ZIP Codes

Trinity, NC

High Point, NC

High Point, NC

High Point

Lexington, NC

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	3.4
Median Home Price	$230,000
Median Household Income	$60,900

Thomasville, NC—27360

Key Metrics at a Glance

Home Price Trends — Thomasville, NC

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Thomasville, NC

% of Rental Stock

Property Listings — Thomasville, NC

Demographics — Thomasville, NC

Race and Ethnicity

Mortgage and Risk — Thomasville, NC

Mortgages

Rentals and Section 8 — Thomasville, NC

Section 8 Market Size

Section 8 Opportunity

Affordability — Thomasville, NC

Home Price to Income Ratio

Thomasville, NC — ZIP Code Boundary Map

Nearby ZIP Codes

Trinity, NC

High Point, NC

High Point, NC

High Point

Lexington, NC

Frequently Asked Questions

What is the average home price in Thomasville, NC 27360?

How have home prices in Thomasville, NC 27360 changed over the past year?

What is the home price projection for Thomasville, NC 27360?

What are the demographics of Thomasville, NC 27360?

How long does it take homes to sell in Thomasville, NC 27360?

What is the average rent price in Thomasville, NC 27360?