Warrenton, NC 27589 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Warrenton, NC—27589

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$160,000

0.1% YoY Growth

Household Income

$43,900

30.6% YoY Growth

Days on Market

122

40.0% Longer YoY

Home Price Forecast

N/A

Median Rent

$945

8.8% YoY Growth

1-Bed Rent

$595

6.1% YoY Growth

2-Bed Rent

$1,200

N/A

3-Bed Rent

$925

44.1% YoY Growth

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	0.1%
Single Family	$160,000	1.9%
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed	N/A	N/A

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

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% of Rental Stock

Studio

1.5%

1 Bedroom

9.3%

2 Bedrooms

32.2%

3 Bedrooms

46.3%

4 Bedrooms

6.7%

5+ Bedrooms

4.0%

Property Listings — Warrenton, NC

As of Dec '25, Realtor.com reports that the median days on market for a home in Warrenton, NC is 96. This is a increase of 16.0% 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	$233,000	-3.0%
Listing Count	20	23.0%
Listings as % of Homes	0.4%	23.0%
Days on Market	122	40.0%

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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%

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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%

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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%

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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

Warrenton, NC—27589

Key Metrics at a Glance

Home Price Trends — Warrenton, NC

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Warrenton, NC

% of Rental Stock

Property Listings — Warrenton, NC

Demographics — Warrenton, NC

Race and Ethnicity

Mortgage and Risk — Warrenton, NC

Mortgages

Rentals and Section 8 — Warrenton, NC

Section 8 Market Size

Section 8 Opportunity

Affordability — Warrenton, NC

Home Price to Income Ratio

Warrenton, NC — ZIP Code Boundary Map

Nearby ZIP Codes

Norlina, NC

Middleburg

Hollister, NC

Manson, NC

Castalia, NC

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	3.4
Median Home Price	$160,000
Median Household Income	$43,900

Warrenton, NC—27589

Key Metrics at a Glance

Home Price Trends — Warrenton, NC

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Warrenton, NC

% of Rental Stock

Property Listings — Warrenton, NC

Demographics — Warrenton, NC

Race and Ethnicity

Mortgage and Risk — Warrenton, NC

Mortgages

Rentals and Section 8 — Warrenton, NC

Section 8 Market Size

Section 8 Opportunity

Affordability — Warrenton, NC

Home Price to Income Ratio

Warrenton, NC — ZIP Code Boundary Map

Nearby ZIP Codes

Norlina, NC

Middleburg

Hollister, NC

Manson, NC

Castalia, NC

Frequently Asked Questions

What is the average home price in Warrenton, NC 27589?

How have home prices in Warrenton, NC 27589 changed over the past year?

What is the home price projection for Warrenton, NC 27589?

What are the demographics of Warrenton, NC 27589?

How long does it take homes to sell in Warrenton, NC 27589?

What is the average rent price in Warrenton, NC 27589?