Lillington, NC—27546
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Lillington, NC
As of Oct '25, the median home price in Lillington, NC is $281,000, with a year-over-year change of -0.5%. This indicates that home prices in Lillington, NC are flat. According to Zillow, the 1-year price projection is 3.0%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $281,000 | -0.5% |
| Single Family | $281,000 | -0.4% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $185,000 | 1.1% |
3 Bed | $279,000 | -0.4% |
4 Bed | $374,000 | 0.5% |
| 5 Bed | $424,000 | 0.2% |
% of Housing Stock
Rental Trends — Lillington, NC
As of July '25, Rentcast reports the average rent in Lillington, NC is $1,640, with a year-over-year rent change of 2.5%. Per bedroom, the median rent as of July '25 in Lillington, NC is 1-bedrooms: $1,090, 2-bedrooms: $1,380, 3-bedrooms: $1,680, 4-bedrooms: $2,100. The most common rental property sizes in Lillington, NC are 3-bedroom and 2-bedroom, accounting for 46.5% and 35.5% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,600 | $1,640 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,200 | $1,090 |
| 2 Bed Rent | $1,500 | $1,380 |
| 3 Bed Rent | $1,650 | $1,680 |
| 4 Bed Rent | $2,250 | $2,100 |
% of Rental Stock
Property Listings — Lillington, NC
As of Oct '25, Realtor.com reports that the median days on market for a home in Lillington, NC is 80. This is a increase of 4.0% 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 32.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $364,000 | -2.0% |
Listing Count | 308 | 53.0% |
| Listings as % of Homes | 1.3% | 53.0% |
Days on Market | 80 | 4.0% |
Demographics — Lillington, NC
As of the latest ACS Survey released in 2023, Lillington, NC has a population of 20,800, which has decreased by -2.4% over the past 5 years. Lillington, NC is a moderately popular place for families, as children make up 21.2% of the population. The area has a moderately educated workforce, with 26.0% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 7.5% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 20,800 | -2.4% |
% Under 18 | 21.2% | 3.4% |
% Seniors | 14.8% | 21.3% |
% WFH | 7.5% | 200.0% |
% w/ College Degree | 26.0% | 19.3% |
As of the latest ACS Survey released in 2023, Lillington, NC is a predominantly white area, with 63.5% of the population identifying as white. The white population has grown by 1.9% in the last 5 years. The second most common race or ethnicity in Lillington, NC is black, making up 16.5% of the population. Foreign-born residents account for 5.3% of the population in Lillington, NC, and this percentage has decreased by 11.7% 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 | 63.5% | 1.9% |
% Black | 16.5% | -28.9% |
% Hispanic | 13.5% | 62.7% |
% Asian | 2.2% | 100.0% |
% Foreign Born | 5.3% | -11.7% |
Mortgage and Risk — Lillington, NC
According to HUD data as of 2023, there were 529 mortgage originations in Lillington, NC, of which 59.0% of loans were conventional mortgages. The average loan-to-value was 72.0%, with 47.0% above 90% LTV (very high). This implies large mortgage risk in Lillington, NC. Investor activity is low, as 2.0% of loans were by investors. 6.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 529 |
% Conventional Loans | 59.0% |
% Government Loans | 41.0% |
% Investor Loans | 2.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 6.0% |
Loan Activity
Rentals and Section 8 — Lillington, NC
As of 2024, the percent of homes in Lillington, NC under the Section 8 program is 2.4%. 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. In Lillington, NC, none of the tracked home sizes currently have HUD payment amounts above market rent, suggesting limited Section 8 opportunity.
Section 8 Market Size
Total Units under HUD | 79 |
Total Units Section 8 | 79 |
% Rentals under Section 8 | 2.4% |
% Occupied Section 8 | 78.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$420 | $1,200 | $780 |
| 2 Bedroom | -$480 | $1,500 | $1,020 |
| 3 Bedroom | -$220 | $1,650 | $1,430 |
| 4 Bedroom | -$530 | $2,250 | $1,720 |
Affordability — Lillington, NC
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.2 |
| Median Home Price | $281,000 |
| Median Household Income | $61,800 |