Conway, NC—27820
Real Estate Data & Market Trends
Key Metrics at a Glance
Other Zip Codes in Conway, NC
Home Price Trends — Conway, NC
As of Oct '25, the median home price in Conway, NC is $109,000, with a year-over-year change of 7.1%. This indicates that home prices in Conway, NC are increasing. According to Zillow, the 1-year price projection is -0.8%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $109,000 | 7.1% |
| Single Family | $110,000 | 8.9% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $71,000 | 12.7% |
3 Bed | $129,000 | 9.3% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Conway, NC
Conway, NC lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | N/A | N/A |
| Studio 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 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Conway, NC
As of Oct '25, Realtor.com reports that the median days on market for a home in Conway, NC is 40. This is a increase of 39.0% 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 18.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $280,000 | 74.0% |
Listing Count | 11 | 37.0% |
| Listings as % of Homes | 0.3% | 37.0% |
Days on Market | 40 | 39.0% |
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.
| Metric | Latest Census | YoY % 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% |
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
| Metric | Latest Census | 5-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% |
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
| Metric | Zip 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% |
Loan Activity
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 Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $710 |
| 2 Bedroom | N/A | N/A | $930 |
| 3 Bedroom | N/A | N/A | $1,120 |
| 4 Bedroom | N/A | N/A | $1,280 |
Affordability — Conway, NC
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.1 |
| Median Home Price | $109,000 |
| Median Household Income | $53,600 |