Broadway, NC—27505
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Broadway, NC
As of Oct '25, the median home price in Broadway, NC is $264,000, with a year-over-year change of 0.9%. This indicates that home prices in Broadway, NC are flat. According to Zillow, the 1-year price projection is 2.8%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $264,000 | 0.9% |
| Single Family | $264,000 | 1.5% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $195,000 | -0.5% |
3 Bed | $274,000 | 1.1% |
4 Bed | $336,000 | 1.2% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Broadway, NC
As of July '25, Rentcast reports the average rent in Broadway, NC is $1,760, with a year-over-year rent change of -5.9%. Per bedroom, the median rent as of July '25 in Broadway, NC is 2-bedrooms: $995, 3-bedrooms: $1,940, 4-bedrooms: $1,600. The most common rental property sizes in Broadway, NC are 3-bedroom and 2-bedroom, accounting for 57.3% and 27.3% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,850 | $1,760 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | $995 | $995 |
| 3 Bed Rent | $1,850 | $1,940 |
| 4 Bed Rent | $1,300 | $1,600 |
% of Rental Stock
Property Listings — Broadway, NC
As of Oct '25, Realtor.com reports that the median days on market for a home in Broadway, NC is 64. 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 23.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $341,000 | 6.0% |
Listing Count | 43 | 25.0% |
| Listings as % of Homes | 0.9% | 25.0% |
Days on Market | 64 | 2.0% |
Demographics — Broadway, NC
As of the latest ACS Survey released in 2023, Broadway, NC has a population of 7,980, which has increased by 36.2% over the past 5 years. Broadway, NC is a popular place for families, as children make up 27.7% of the population. The area has a poorly educated workforce, with 20.3% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 5.8% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 7,980 | 36.2% |
% Under 18 | 27.7% | 30.7% |
% Seniors | 8.3% | -46.5% |
% WFH | 5.8% | 87.1% |
% w/ College Degree | 20.3% | 51.5% |
As of the latest ACS Survey released in 2023, Broadway, NC is a predominantly white area, with 65.9% of the population identifying as white. The white population has shrunk by 2.2% in the last 5 years. The second most common race or ethnicity in Broadway, NC is hispanic, making up 20.1% of the population. Foreign-born residents account for 5.7% of the population in Broadway, NC, and this percentage has decreased by 21.9% 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 | 65.9% | -2.2% |
% Black | 12.0% | -25.5% |
% Hispanic | 20.1% | 59.5% |
% Asian | 0.5% | -70.6% |
% Foreign Born | 5.7% | -21.9% |
Mortgage and Risk — Broadway, NC
Broadway, NC lacks sufficient mortgage origination data for analysis.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | N/A |
% Conventional Loans | N/A |
% Government Loans | N/A |
% Investor Loans | N/A |
% Second Loans | N/A |
% Cash Out Refinance | N/A |
Loan Activity
No data available
Rentals and Section 8 — Broadway, NC
Broadway, NC lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 4 |
Total Units Section 8 | 4 |
% Rentals under Section 8 | 0.6% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $790 |
| 2 Bedroom | $25 | $995 | $1,020 |
| 3 Bedroom | -$420 | $1,850 | $1,430 |
| 4 Bedroom | $420 | $1,300 | $1,720 |
Affordability — Broadway, NC
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.1 |
| Median Home Price | $264,000 |
| Median Household Income | $77,600 |