Timberlake, NC—27583
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Timberlake, NC
As of Oct '25, the median home price in Timberlake, NC is $312,000, with a year-over-year change of 3.4%. This indicates that home prices in Timberlake, NC are increasing. According to Zillow, the 1-year price projection is 1.9%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $312,000 | 3.4% |
| Single Family | $313,000 | 4.0% |
| 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 | $361,000 | 3.4% |
4 Bed | $460,000 | 3.1% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Timberlake, NC
As of July '25, Rentcast reports the average rent in Timberlake, NC is $1,500, with a year-over-year rent change of 8.7%. Per bedroom, the median rent as of July '25 in Timberlake, NC is 2-bedrooms: $1,500. The most common rental property sizes in Timberlake, NC are 2-bedroom and 4-bedroom, accounting for 44.6% and 27.1% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,500 | $1,500 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | $1,500 | $1,500 |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Timberlake, NC
As of Oct '25, Realtor.com reports that the median days on market for a home in Timberlake, NC is 55. This is a increase of 76.0% 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 45.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $466,000 | 26.0% |
Listing Count | 31 | 89.0% |
| Listings as % of Homes | 0.4% | 89.0% |
Days on Market | 55 | 76.0% |
Demographics — Timberlake, NC
As of the latest ACS Survey released in 2023, Timberlake, NC has a population of 6,630, which has decreased by -5.5% over the past 5 years. Timberlake, NC is a popular place for families, as children make up 26.1% of the population. The area has a poorly educated workforce, with 23.1% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 16.5% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 6,630 | -5.5% |
% Under 18 | 26.1% | 30.5% |
% Seniors | 14.9% | -7.5% |
% WFH | 16.5% | 534.6% |
% w/ College Degree | 23.1% | 14.9% |
As of the latest ACS Survey released in 2023, Timberlake, NC is a predominantly white area, with 85.8% of the population identifying as white. The white population has grown by 15.8% in the last 5 years. The second most common race or ethnicity in Timberlake, NC is black, making up 9.2% of the population. Foreign-born residents account for 1.7% of the population in Timberlake, NC, and this percentage has decreased by 26.1% 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 | 85.8% | 15.8% |
% Black | 9.2% | -57.8% |
% Hispanic | 2.1% | 50.0% |
% Asian | 0.0% | -100.0% |
% Foreign Born | 1.7% | -26.1% |
Mortgage and Risk — Timberlake, NC
According to HUD data as of 2023, there were 309 mortgage originations in Timberlake, NC, of which 73.0% of loans were conventional mortgages. The average loan-to-value was 66.0%, with 33.0% above 90% LTV (very high). This implies large mortgage risk in Timberlake, NC. Investor activity is low, as 2.0% 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 | 309 |
% Conventional Loans | 73.0% |
% Government Loans | 27.0% |
% Investor Loans | 2.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 12.0% |
Loan Activity
Rentals and Section 8 — Timberlake, NC
Timberlake, NC lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 7 |
Total Units Section 8 | 7 |
% Rentals under Section 8 | 2.3% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $1,280 |
| 2 Bedroom | -$30 | $1,500 | $1,470 |
| 3 Bedroom | N/A | N/A | $1,850 |
| 4 Bedroom | N/A | N/A | $2,260 |
Affordability — Timberlake, NC
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.6 |
| Median Home Price | $312,000 |
| Median Household Income | $76,700 |