Grimesland, NC—27837
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Grimesland, NC
As of Oct '25, the median home price in Grimesland, NC is $310,000, with a year-over-year change of 2.8%. This indicates that home prices in Grimesland, NC are increasing. According to Zillow, the 1-year price projection is 2.5%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $310,000 | 2.8% |
| Single Family | $311,000 | 3.0% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $151,000 | -0.7% |
3 Bed | $276,000 | 2.6% |
4 Bed | $459,000 | 3.8% |
| 5 Bed | N/A | N/A |
% of Housing Stock
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.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $4,500 | $4,500 |
| 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 | $4,500 | $4,500 |
% of Rental Stock
Property Listings — Grimesland, NC
As of Oct '25, Realtor.com reports that the median days on market for a home in Grimesland, NC is 135. This is a increase of 152.0% 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 17.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $390,000 | -6.0% |
Listing Count | 70 | 42.0% |
| Listings as % of Homes | 0.9% | 42.0% |
Days on Market | 135 | 152.0% |
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.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 6,540 | 1.1% |
% Under 18 | 30.8% | 23.2% |
% Seniors | 17.3% | 36.2% |
% WFH | 7.2% | 84.6% |
% w/ College Degree | 26.3% | 7.3% |
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
| Metric | Latest Census | 5-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% |
Mortgage and Risk — Grimesland, NC
Grimesland, NC lacks sufficient mortgage origination data for analysis.
Mortgages
| Metric | Zip 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 |
Loan Activity
No data available
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 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 | N/A | N/A | $1,420 |
| 4 Bedroom | -$2,730 | $4,500 | $1,770 |
Affordability — Grimesland, NC
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.5 |
| Median Home Price | $310,000 |
| Median Household Income | $77,800 |