Warrenton, NC—27589
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Warrenton, NC
Warrenton, NC lacks sufficient home price data for analysis.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $160,000 | -1.6% |
| Single Family | $160,000 | 0.0% |
| 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 | $182,000 | 0.0% |
4 Bed | $235,000 | 1.7% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Warrenton, NC
As of July '25, Rentcast reports the average rent in Warrenton, NC is $1,140, with a year-over-year rent change of -8.8%. Per bedroom, the median rent as of July '25 in Warrenton, NC is 1-bedrooms: $798, 2-bedrooms: $1,130, 3-bedrooms: $922, 4-bedrooms: $2,500. The most common rental property sizes in Warrenton, NC are 3-bedroom and 2-bedroom, accounting for 46.3% and 32.2% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $945 | $1,140 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $595 | $798 |
| 2 Bed Rent | $1,200 | $1,130 |
| 3 Bed Rent | $925 | $922 |
| 4 Bed Rent | $2,500 | $2,500 |
% of Rental Stock
Property Listings — Warrenton, NC
As of Oct '25, Realtor.com reports that the median days on market for a home in Warrenton, NC is 76. This is a increase of 15.0% 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 8.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $270,000 | -3.0% |
Listing Count | 24 | 31.0% |
| Listings as % of Homes | 0.4% | 31.0% |
Days on Market | 76 | 15.0% |
Demographics — Warrenton, NC
As of the latest ACS Survey released in 2023, Warrenton, NC has a population of 6,760, which has decreased by -17.1% over the past 5 years. Warrenton, NC is a moderately popular place for families, as children make up 21.6% of the population. The area has a poorly educated workforce, with 16.2% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 6.3% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 6,760 | -17.1% |
% Under 18 | 21.6% | -4.8% |
% Seniors | 23.5% | 18.1% |
% WFH | 6.3% | 23.5% |
% w/ College Degree | 16.2% | 14.1% |
As of the latest ACS Survey released in 2023, Warrenton, NC is a predominantly black area, with 50.6% of the population identifying as black. The black population has shrunk by 12.8% in the last 5 years. The second most common race or ethnicity in Warrenton, NC is white, making up 26.6% of the population. Foreign-born residents account for 4.8% of the population in Warrenton, NC, and this percentage has increased by 6.7% 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 | 26.6% | 6.0% |
% Black | 50.6% | -12.8% |
% Hispanic | 7.7% | 8.5% |
% Asian | 1.4% | 75.0% |
% Foreign Born | 4.8% | 6.7% |
Mortgage and Risk — Warrenton, NC
According to HUD data as of 2023, there were 79 mortgage originations in Warrenton, NC, of which 72.0% of loans were conventional mortgages. The average loan-to-value was 68.0%, with 37.0% above 90% LTV (very high). This implies large mortgage risk in Warrenton, NC. Investor activity is low, as 3.0% of loans were by investors. 9.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 79 |
% Conventional Loans | 72.0% |
% Government Loans | 28.0% |
% Investor Loans | 3.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 9.0% |
Loan Activity
Rentals and Section 8 — Warrenton, NC
As of 2024, the percent of homes in Warrenton, NC under the Section 8 program is 5.9%. 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. 1-bedroom and 2-bedroom and 3-bedroom units appear to be good home sizes to consider for Section 8 housing in Warrenton, NC, because HUD payments exceed market rent, while 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 51 |
Total Units Section 8 | 44 |
% Rentals under Section 8 | 5.9% |
% Occupied Section 8 | 68.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $725 | $595 | $1,320 |
| 2 Bedroom | $290 | $1,200 | $1,490 |
| 3 Bedroom | $915 | $925 | $1,840 |
| 4 Bedroom | -$60 | $2,500 | $2,440 |
Affordability — Warrenton, NC
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.5 |
| Median Home Price | $160,000 |
| Median Household Income | $43,900 |