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Enfield, NC—27823

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$75,000
1.3% YoY Growth
Household Income
$33,500
5.0% YoY Growth
Days on Market
174
88.0% Longer YoY
Home Price Forecast
-1.3%
Median Rent
$800
41.6% YoY Growth
1-Bed Rent
N/A
N/A
2-Bed Rent
$850
N/A
3-Bed Rent
$800
42.0% YoY Growth
  • Home Price Trends
  • Rental Trends
  • Property Listings
  • Demographics
  • Mortgage and Risk

Home Price Trends — Enfield, NC

As of May '26, the median home price in Enfield, NC is $75,000, with a year-over-year change of -1.3%. This indicates that home prices in Enfield, NC are decreasing. According to Zillow, the 1-year price projection is -1.3%, suggesting a decrease housing market in the next year.

Cost per Home Type

Home TypeMedian Home ValueYoY % Change
All Homes
$75,000-1.3%
Single Family $75,0000.0%
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
    		$44,0007.3%
    3 Bed
    		$101,00011.0%
    4 Bed
    		$171,0005.6%
    5 Bed N/AN/A
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    % of Housing Stock

    Studio
    1.7%
    1 Bedroom
    3.7%
    2 Bedrooms
    28.6%
    3 Bedrooms
    53.3%
    4 Bedrooms
    10.5%
    5+ Bedrooms
    2.2%

    Rental Trends — Enfield, NC

    As of July '25, Rentcast reports the average rent in Enfield, NC is $800, with a year-over-year rent change of -41.6%. Per bedroom, the median rent as of July '25 in Enfield, NC is 2-bedrooms: $800, 3-bedrooms: $800. The most common rental property sizes in Enfield, NC are 3-bedroom and 2-bedroom, accounting for 51.1% and 36.2% of the rental stock.

    TypeMedian RentAverage Rent
    Average Rent$800$800
    Studio Rent N/AN/A
    1 Bed Rent N/AN/A
    2 Bed Rent $850$800
    3 Bed Rent $800$800
    4 Bed Rent N/AN/A
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    % of Rental Stock

    1 Bedroom
    11.5%
    2 Bedrooms
    36.2%
    3 Bedrooms
    51.1%
    4 Bedrooms
    1.2%

    Property Listings — Enfield, NC

    As of May '26, Realtor.com reports that the median days on market for a home in Enfield, NC is 174. This is a increase of 88.0% 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.

    MetricZip Code AverageYear over Year % Change
    Median Listing Price
    		$225,000-16.0%
    Listing Count
    		12-17.0%
    Listings as % of Homes0.2%-17.0%
    Days on Market
    		17488.0%
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    Demographics — Enfield, NC

    As of the latest ACS Survey released in 2023, Enfield, NC has a population of 6,500, which has decreased by -17.6% over the past 5 years. Enfield, NC is a moderately popular place for families, as children make up 21.9% of the population. The area has a poorly educated workforce, with 5.4% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 3.2% reporting working from home.

    MetricLatest CensusYoY % Change
    Population
    		6,500-17.6%
    % Under 18
    		21.9%25.1%
    % Seniors
    		20.0%14.3%
    % WFH
    		3.2%18.5%
    % w/ College Degree
    		5.4%-43.2%
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    As of the latest ACS Survey released in 2023, Enfield, NC is a predominantly black area, with 82.0% of the population identifying as black. The black population has grown by 4.9% in the last 5 years. The second most common race or ethnicity in Enfield, NC is white, making up 12.5% of the population. Foreign-born residents account for 0.9% of the population in Enfield, NC, and this percentage has decreased by 64.0% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.

    Race and Ethnicity

    MetricLatest Census5-Year % Change
    % White
    		12.5%-0.8%
    % Black
    		82.0%4.9%
    % Hispanic
    		2.1%40.0%
    % Asian
    		0.0%-100.0%
    % Foreign Born
    		0.9%-64.0%
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    Mortgage and Risk — Enfield, NC

    According to HUD data as of 2023, there were 32 mortgage originations in Enfield, NC, of which 66.0% of loans were conventional mortgages. The average loan-to-value was 78.0%, with 59.0% above 90% LTV (very high). This implies large mortgage risk in Enfield, 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

    MetricZip Code Average
    Total Loan Originations
    		32
    % Conventional Loans
    		66.0%
    % Government Loans
    		34.0%
    % Investor Loans
    		3.0%
    % Second Loans
    		0.0%
    % Cash Out Refinance
    		9.0%
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    Rentals and Section 8 — Enfield, NC

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

    Section 8 Market Size

    Total Units under HUD
    		278
    Total Units Section 8
    		227
    % Rentals under Section 8
    		N/A
    % Occupied Section 8
    		73.5%

    Section 8 Opportunity

    Home SizeHUD PremiumMarket RentMax HUD Rent
    1 BedroomN/AN/A$760
    2 Bedroom$110$850$960
    3 Bedroom$380$800$1,180
    4 BedroomN/AN/A$1,430

    Affordability — Enfield, NC

    Home Price to Income Ratio

    MetricZip Code Average
    Home Price to Income Ratio2.5
    Median Home Price$75,000
    Median Household Income$33,500

    Enfield, NC — ZIP Code Boundary Map

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    Nearby ZIP Codes

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    27891

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    Frequently Asked Questions