Reba, NC—27829
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Reba, NC
As of Oct '25, the median home price in Reba, NC is $183,000, with a year-over-year change of 0.6%. This indicates that home prices in Reba, NC are flat. According to Zillow, the 1-year price projection is 3.1%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $183,000 | 0.6% |
| Single Family | $182,000 | 1.1% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $126,000 | 2.4% |
3 Bed | $181,000 | 0.6% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Reba, NC
Reba, NC lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,600 | $1,600 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | $1,600 | $1,600 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Reba, NC
As of Oct '25, Realtor.com reports that the median days on market for a home in Reba, NC is 106. This is a decrease of -10.0% from last year, suggesting that homes are sitting on the market shorter 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 | $156,000 | -21.0% |
Listing Count | 5 | 80.0% |
| Listings as % of Homes | 0.4% | 80.0% |
Days on Market | 106 | -10.0% |
Demographics — Reba, NC
As of the latest ACS Survey released in 2023, Reba, NC has a population of 1,520, which has increased by 3.0% over the past 5 years. Reba, NC is a less popular place for families, as children make up 11.5% of the population. The area has a moderately educated workforce, with 33.8% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 8.9% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 1,520 | 3.0% |
% Under 18 | 11.5% | -17.9% |
% Seniors | 43.3% | 85.8% |
% WFH | 8.9% | 29.0% |
% w/ College Degree | 33.8% | 133.1% |
As of the latest ACS Survey released in 2023, Reba, NC is a predominantly white area, with 66.0% of the population identifying as white. The white population has shrunk by 13.4% in the last 5 years. The second most common race or ethnicity in Reba, NC is black, making up 28.7% of the population. Foreign-born residents account for 0.7% of the population in Reba, NC, and this percentage has decreased by 30.0% 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 | 66.0% | -13.4% |
% Black | 28.7% | 57.7% |
% Hispanic | 0.7% | -75.9% |
% Asian | 0.0% | N/A |
% Foreign Born | 0.7% | -30.0% |
Mortgage and Risk — Reba, NC
According to HUD data as of 2023, there were 31 mortgage originations in Reba, NC, of which 74.0% of loans were conventional mortgages. The average loan-to-value was 72.0%, with 45.0% above 90% LTV (very high). This implies large mortgage risk in Reba, NC. Investor activity is low, as 0.0% of loans were by investors. 3.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 31 |
% Conventional Loans | 74.0% |
% Government Loans | 26.0% |
% Investor Loans | 0.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 3.0% |
Loan Activity
Rentals and Section 8 — Reba, NC
Reba, NC lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 45 |
Total Units Section 8 | 45 |
% Rentals under Section 8 | 23.6% |
% Occupied Section 8 | 77.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $840 |
| 2 Bedroom | N/A | N/A | $1,040 |
| 3 Bedroom | -$180 | $1,600 | $1,420 |
| 4 Bedroom | N/A | N/A | $1,770 |
Affordability — Reba, NC
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.8 |
| Median Home Price | $183,000 |
| Median Household Income | $58,400 |