Bunn, NC—27508
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Bunn, NC
As of Oct '25, the median home price in Bunn, NC is $237,000, with a year-over-year change of -1.8%. This indicates that home prices in Bunn, NC are decreasing. According to Zillow, the 1-year price projection is 0.1%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $237,000 | -1.8% |
| Single Family | $237,000 | -1.7% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | $254,000 | -1.2% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Bunn, NC
Bunn, NC lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | N/A | N/A |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Bunn, NC
As of Oct '25, Realtor.com reports that the median days on market for a home in Bunn, NC is 31. This is a increase of 12.0% 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 | $225,000 | -24.0% |
Listing Count | 2 | 33.0% |
| Listings as % of Homes | 0.2% | 33.0% |
Days on Market | 31 | 12.0% |
Demographics — Bunn, NC
As of the latest ACS Survey released in 2023, Bunn, NC has a population of 2,450, which has increased by 84.6% over the past 5 years. Bunn, NC is a less popular place for families, as children make up 12.5% of the population. The area has a poorly educated workforce, with 16.7% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 5.4% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 2,450 | 84.6% |
% Under 18 | 12.5% | 9.6% |
% Seniors | 20.9% | 44.1% |
% WFH | 5.4% | 980.0% |
% w/ College Degree | 16.7% | 12.8% |
As of the latest ACS Survey released in 2023, Bunn, NC is a predominantly white area, with 48.9% of the population identifying as white. The white population has shrunk by 9.4% in the last 5 years. The second most common race or ethnicity in Bunn, NC is black, making up 37.7% of the population. Foreign-born residents account for 1.6% of the population in Bunn, NC, and this percentage has decreased by 15.8% 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 | 48.9% | -9.4% |
% Black | 37.7% | -3.3% |
% Hispanic | 0.9% | -79.5% |
% Asian | 4.0% | ∞% |
% Foreign Born | 1.6% | -15.8% |
Mortgage and Risk — Bunn, NC
According to HUD data as of 2023, there were 68 mortgage originations in Bunn, NC, of which 75.0% of loans were conventional mortgages. The average loan-to-value was 60.0%, with 29.0% above 90% LTV (very high). This implies large mortgage risk in Bunn, NC. Investor activity is low, as 0.0% of loans were by investors. 18.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 68 |
% Conventional Loans | 75.0% |
% Government Loans | 25.0% |
% Investor Loans | 0.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 18.0% |
Loan Activity
Rentals and Section 8 — Bunn, NC
Bunn, NC lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 5 |
Total Units Section 8 | 5 |
% Rentals under Section 8 | 2.0% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $1,320 |
| 2 Bedroom | N/A | N/A | $1,490 |
| 3 Bedroom | N/A | N/A | $1,840 |
| 4 Bedroom | N/A | N/A | $2,440 |
Affordability — Bunn, NC
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.5 |
| Median Home Price | $237,000 |
| Median Household Income | $50,800 |