Louisburg, NC—27549
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Louisburg, NC
As of Oct '25, the median home price in Louisburg, NC is $302,000, with a year-over-year change of 1.3%. This indicates that home prices in Louisburg, NC are increasing. According to Zillow, the 1-year price projection is 0.6%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $302,000 | 1.3% |
| Single Family | $302,000 | 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 | $194,000 | 1.6% |
3 Bed | $307,000 | 1.3% |
4 Bed | $413,000 | 2.7% |
| 5 Bed | $475,000 | 2.8% |
% of Housing Stock
Rental Trends — Louisburg, NC
As of July '25, Rentcast reports the average rent in Louisburg, NC is $1,600, with a year-over-year rent change of 20.3%. Per bedroom, the median rent as of July '25 in Louisburg, NC is 2-bedrooms: $1,110, 3-bedrooms: $1,940, 4-bedrooms: $1,900. The most common rental property sizes in Louisburg, NC are 3-bedroom and 2-bedroom, accounting for 42.9% and 28.4% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,480 | $1,600 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | $1,100 | $1,110 |
| 3 Bed Rent | $1,900 | $1,940 |
| 4 Bed Rent | $1,900 | $1,900 |
% of Rental Stock
Property Listings — Louisburg, NC
As of Oct '25, Realtor.com reports that the median days on market for a home in Louisburg, NC is 98. This is a increase of 50.0% 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 27.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $392,000 | 7.0% |
Listing Count | 148 | 3.0% |
| Listings as % of Homes | 1.1% | 3.0% |
Days on Market | 98 | 50.0% |
Demographics — Louisburg, NC
As of the latest ACS Survey released in 2023, Louisburg, NC has a population of 25,800, which has remained stable by 0.7% over the past 5 years. Louisburg, NC is a moderately popular place for families, as children make up 20.1% of the population. The area has a poorly educated workforce, with 20.1% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 5.5% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 25,800 | 0.7% |
% Under 18 | 20.1% | -4.3% |
% Seniors | 18.6% | -3.6% |
% WFH | 5.5% | 89.7% |
% w/ College Degree | 20.1% | 9.2% |
As of the latest ACS Survey released in 2023, Louisburg, NC is a predominantly white area, with 58.2% of the population identifying as white. The white population has shrunk by 0.3% in the last 5 years. The second most common race or ethnicity in Louisburg, NC is black, making up 24.6% of the population. Foreign-born residents account for 5.8% of the population in Louisburg, NC, and this percentage has increased by 9.4% 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 | 58.2% | -0.3% |
% Black | 24.6% | -24.5% |
% Hispanic | 13.0% | 91.2% |
% Asian | 0.7% | 0.0% |
% Foreign Born | 5.8% | 9.4% |
Mortgage and Risk — Louisburg, NC
According to HUD data as of 2023, there were 715 mortgage originations in Louisburg, NC, of which 73.0% of loans were conventional mortgages. The average loan-to-value was 66.0%, with 32.0% above 90% LTV (very high). This implies large mortgage risk in Louisburg, NC. Investor activity is low, as 2.0% of loans were by investors. 10.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 715 |
% Conventional Loans | 73.0% |
% Government Loans | 27.0% |
% Investor Loans | 2.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 10.0% |
Loan Activity
Rentals and Section 8 — Louisburg, NC
Louisburg, NC lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 288 |
Total Units Section 8 | 274 |
% Rentals under Section 8 | 9.1% |
% Occupied Section 8 | 79.6% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $1,320 |
| 2 Bedroom | $390 | $1,100 | $1,490 |
| 3 Bedroom | -$60 | $1,900 | $1,840 |
| 4 Bedroom | $540 | $1,900 | $2,440 |
Affordability — Louisburg, NC
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.5 |
| Median Home Price | $302,000 |
| Median Household Income | $63,500 |