View in Interactive Map

Conway, NC—27820

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$111,000
3.5% YoY Growth
Household Income
$53,600
34.6% YoY Growth
Days on Market
107
80.0% Longer YoY
Home Price Forecast
-0.6%
Median Rent
N/A
N/A
1-Bed Rent
N/A
N/A
2-Bed Rent
N/A
N/A
3-Bed Rent
N/A
N/A

Other Zip Codes in Conway, NC

27853
  • Home Price Trends
  • Rental Trends
  • Property Listings
  • Demographics
  • Mortgage and Risk

Home Price Trends — Conway, NC

As of May '26, the median home price in Conway, NC is $111,000, with a year-over-year change of 3.5%. This indicates that home prices in Conway, 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 TypeMedian Home ValueYoY % Change
All Homes
$111,0003.5%
Single Family $111,0004.7%
Condos N/AN/A

Cost per Home Size

Home SizeMedian Home ValueYoY % Change
1 Bed
  • Affordability
  • Rentals and Section 8
    • N/A
    N/A
    2 Bed
    		$71,00010.9%
    3 Bed
    		$126,0004.1%
    4 Bed
    		N/AN/A
    5 Bed N/AN/A
    Loading chart...

    % of Housing Stock

    Studio
    0.3%
    1 Bedroom
    3.5%
    2 Bedrooms
    20.2%
    3 Bedrooms
    59.5%
    4 Bedrooms
    15.5%
    5+ Bedrooms
    1.0%

    Rental Trends — Conway, NC

    Conway, NC lacks sufficient rental market data for analysis.

    TypeMedian RentAverage Rent
    Average RentN/AN/A
    Studio Rent N/AN/A
    1 Bed Rent N/AN/A
    2 Bed Rent N/AN/A
    3 Bed Rent N/AN/A
    4 Bed Rent N/AN/A
    Loading chart...

    % of Rental Stock

    Studio
    1.9%
    1 Bedroom
    20.9%
    2 Bedrooms
    30.1%
    3 Bedrooms
    40.3%
    4 Bedrooms
    6.8%

    Property Listings — Conway, NC

    As of May '26, Realtor.com reports that the median days on market for a home in Conway, NC is 107. This is a increase of 80.0% 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 67.0%, representing a large inventory and a lot of supply pressure on home prices.

    MetricZip Code AverageYear over Year % Change
    Median Listing Price
    		$190,00047.0%
    Listing Count
    		60.0%
    Listings as % of Homes0.3%0.0%
    Days on Market
    		10780.0%
    Loading chart...

    Demographics — Conway, NC

    As of the latest ACS Survey released in 2023, Conway, NC has a population of 2,160, which has decreased by -2.3% over the past 5 years. Conway, NC is a moderately popular place for families, as children make up 25.0% of the population. The area has a moderately educated workforce, with 39.1% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 5.4% reporting working from home.

    MetricLatest CensusYoY % Change
    Population
    		2,160-2.3%
    % Under 18
    		25.0%31.6%
    % Seniors
    		15.6%-13.8%
    % WFH
    		5.4%-10.0%
    % w/ College Degree
    		39.1%200.8%
    Loading chart...

    As of the latest ACS Survey released in 2023, Conway, NC is a predominantly white area, with 61.8% of the population identifying as white. The white population has shrunk by 10.3% in the last 5 years. The second most common race or ethnicity in Conway, NC is black, making up 29.1% of the population. Foreign-born residents account for 0.6% of the population in Conway, NC, and this percentage has decreased by 60.0% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.

    Race and Ethnicity

    MetricLatest Census5-Year % Change
    % White
    		61.8%-10.3%
    % Black
    		29.1%-3.0%
    % Hispanic
    		3.1%933.3%
    % Asian
    		0.0%-100.0%
    % Foreign Born
    		0.6%-60.0%
    Loading chart...

    Mortgage and Risk — Conway, NC

    According to HUD data as of 2023, there were 30 mortgage originations in Conway, NC, of which 77.0% of loans were conventional mortgages. The average loan-to-value was 62.0%, with 30.0% above 90% LTV (very high). This implies large mortgage risk in Conway, NC. Investor activity is low, as 3.0% of loans were by investors. 10.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

    Mortgages

    MetricZip Code Average
    Total Loan Originations
    		30
    % Conventional Loans
    		77.0%
    % Government Loans
    		23.0%
    % Investor Loans
    		3.0%
    % Second Loans
    		7.0%
    % Cash Out Refinance
    		10.0%
    Loading chart...
    Loading chart...

    Rentals and Section 8 — Conway, NC

    Conway, NC lacks sufficient Section 8 program data for analysis.

    Section 8 Market Size

    Total Units under HUD
    		41
    Total Units Section 8
    		41
    % Rentals under Section 8
    		N/A
    % Occupied Section 8
    		83.0%

    Section 8 Opportunity

    Home SizeHUD PremiumMarket RentMax HUD Rent
    1 BedroomN/AN/A$710
    2 BedroomN/AN/A$930
    3 BedroomN/AN/A$1,120
    4 BedroomN/AN/A$1,280

    Affordability — Conway, NC

    Home Price to Income Ratio

    MetricZip Code Average
    Home Price to Income Ratio2
    Median Home Price$111,000
    Median Household Income$53,600

    Conway, NC — ZIP Code Boundary Map

    Loading map...

    Nearby ZIP Codes

    Pendleton, NC

    27862

    Woodland, NC

    27897

    Conway, NC

    27853

    Murfreesboro, NC

    27855

    Rich Square, NC

    27869

    Frequently Asked Questions