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Grimesland, NC—27837

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$324,000
3.0% YoY Growth
Household Income
$77,800
10.4% YoY Growth
Days on Market
66
44.0% Shorter YoY
Home Price Forecast
1.6%
Median Rent
$4,500
87.5% YoY Growth
1-Bed Rent
N/A
N/A
2-Bed Rent
N/A
N/A
3-Bed Rent
N/A
N/A
  • Home Price Trends
  • Rental Trends
  • Property Listings
  • Demographics
  • Mortgage and Risk

Home Price Trends — Grimesland, NC

As of May '26, the median home price in Grimesland, NC is $324,000, with a year-over-year change of 3.0%. This indicates that home prices in Grimesland, NC are increasing. According to Zillow, the 1-year price projection is 1.6%, suggesting an increase housing market in the next year.

Cost per Home Type

Home TypeMedian Home ValueYoY % Change
All Homes
$324,0003.0%
Single Family $325,0003.2%
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
    		$156,0002.0%
    3 Bed
    		$283,0002.9%
    4 Bed
    		$459,0003.1%
    5 Bed N/AN/A
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    % of Housing Stock

    Studio
    0.1%
    1 Bedroom
    4.2%
    2 Bedrooms
    11.9%
    3 Bedrooms
    63.7%
    4 Bedrooms
    18.0%
    5+ Bedrooms
    2.0%

    Rental Trends — Grimesland, NC

    As of July '25, Rentcast reports the average rent in Grimesland, NC is $4,500, with a year-over-year rent change of 87.5%. Per bedroom, the median rent as of July '25 in Grimesland, NC is 4-bedrooms: $4,500. The most common rental property sizes in Grimesland, NC are 3-bedroom and 1-bedroom, accounting for 69.5% and 16.6% of the rental stock.

    TypeMedian RentAverage Rent
    Average Rent$4,500$4,500
    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 $4,500$4,500
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    % of Rental Stock

    Studio
    0.4%
    1 Bedroom
    16.6%
    2 Bedrooms
    12.2%
    3 Bedrooms
    69.5%
    4 Bedrooms
    1.3%

    Property Listings — Grimesland, NC

    As of May '26, Realtor.com reports that the median days on market for a home in Grimesland, NC is 66. This is a decrease of -44.0% 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 11.0%, representing a small inventory and little supply pressure on home prices.

    MetricZip Code AverageYear over Year % Change
    Median Listing Price
    		$425,0000.0%
    Listing Count
    		70-22.0%
    Listings as % of Homes0.9%-22.0%
    Days on Market
    		66-44.0%
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    Demographics — Grimesland, NC

    As of the latest ACS Survey released in 2023, Grimesland, NC has a population of 6,540, which has increased by 1.1% over the past 5 years. Grimesland, NC is a popular place for families, as children make up 30.8% of the population. The area has a moderately educated workforce, with 26.3% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 7.2% reporting working from home.

    MetricLatest CensusYoY % Change
    Population
    		6,5401.1%
    % Under 18
    		30.8%23.2%
    % Seniors
    		17.3%36.2%
    % WFH
    		7.2%84.6%
    % w/ College Degree
    		26.3%7.3%
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    As of the latest ACS Survey released in 2023, Grimesland, NC is a predominantly white area, with 67.9% of the population identifying as white. The white population has grown by 5.6% in the last 5 years. The second most common race or ethnicity in Grimesland, NC is hispanic, making up 15.7% of the population. Foreign-born residents account for 7.9% of the population in Grimesland, NC, and this percentage has increased by 38.6% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

    Race and Ethnicity

    MetricLatest Census5-Year % Change
    % White
    		67.9%5.6%
    % Black
    		11.4%-50.4%
    % Hispanic
    		15.7%115.1%
    % Asian
    		1.1%-59.3%
    % Foreign Born
    		7.9%38.6%
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    Mortgage and Risk — Grimesland, NC

    Grimesland, NC lacks sufficient mortgage origination data for analysis.

    Mortgages

    MetricZip Code Average
    Total Loan Originations
    		N/A
    % Conventional Loans
    		N/A
    % Government Loans
    		N/A
    % Investor Loans
    		N/A
    % Second Loans
    		N/A
    % Cash Out Refinance
    		N/A
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    Rentals and Section 8 — Grimesland, NC

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

    Section 8 Market Size

    Total Units under HUD
    		35
    Total Units Section 8
    		35
    % Rentals under Section 8
    		6.5%
    % Occupied Section 8
    		55.0%

    Section 8 Opportunity

    Home SizeHUD PremiumMarket RentMax HUD Rent
    1 BedroomN/AN/A$840
    2 BedroomN/AN/A$1,040
    3 BedroomN/AN/A$1,420
    4 Bedroom-$2,730$4,500$1,770

    Affordability — Grimesland, NC

    Home Price to Income Ratio

    MetricZip Code Average
    Home Price to Income Ratio3.6
    Median Home Price$324,000
    Median Household Income$77,800

    Grimesland, NC — ZIP Code Boundary Map

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    Nearby ZIP Codes

    Greenville, NC

    27858

    Simpson

    27879

    Chocowinity, NC

    27817

    Ayden, NC

    28513

    Washington, NC

    27889

    Frequently Asked Questions