Lucama, NC27851

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$205,000
0.1% YoY Growth
Median Household Income
$61,600
26.8% 5-Year Growth
Days on Market
35
25.0% Shorter than last year
Home Price Forecast
2.8%
Median Rent
$2,100
75.0% YoY Growth
1-Bed Rent
N/A
N/A
2-Bed Rent
N/A
N/A
3-Bed Rent
$2,100
N/A

Property Listings — Lucama, NC

As of Oct '25, Realtor.com reports that the median days on market for a home in Lucama, NC is 35. This is a decrease of -25.0% 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.

MetricZip Code AverageYear over Year % Change
Median Listing Price
$262,000-2.0%
Listing Count
1122.0%
Listings as % of Homes0.5%22.0%
Days on Market
35-25.0%
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Demographics — Lucama, NC

As of the latest ACS Survey released in 2023, Lucama, NC has a population of 5,370, which has remained stable by 0.2% over the past 5 years. Lucama, NC is a popular place for families, as children make up 25.9% of the population. The area has a poorly educated workforce, with 18.1% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 13.6% reporting working from home.

MetricLatest CensusYoY % Change
Population
5,3700.2%
% Under 18
25.9%18.8%
% Seniors
18.8%16.0%
% WFH
13.6%946.2%
% w/ College Degree
18.1%115.5%
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As of the latest ACS Survey released in 2023, Lucama, NC is a predominantly white area, with 64.6% of the population identifying as white. The white population has shrunk by 12.7% in the last 5 years. The second most common race or ethnicity in Lucama, NC is black, making up 22.9% of the population. Foreign-born residents account for 4.1% of the population in Lucama, NC, and this percentage has decreased by 34.9% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.

Race and Ethnicity

MetricLatest Census5-Year % Change
% White
64.6%-12.7%
% Black
22.9%51.7%
% Hispanic
6.9%-28.1%
% Asian
0.0%N/A
% Foreign Born
4.1%-34.9%
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Mortgage and Risk — Lucama, NC

According to HUD data as of 2023, there were 79 mortgage originations in Lucama, NC, of which 75.0% of loans were conventional mortgages. The average loan-to-value was 67.0%, with 44.0% above 90% LTV (very high). This implies large mortgage risk in Lucama, NC. Investor activity is low, as 1.0% of loans were by investors. 6.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

Mortgages

MetricZip Code Average
Total Loan Originations
79
% Conventional Loans
75.0%
% Government Loans
25.0%
% Investor Loans
1.0%
% Second Loans
0.0%
% Cash Out Refinance
6.0%

Loan Activity

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Rentals and Section 8 — Lucama, NC

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

Section 8 Market Size

Total Units under HUD
2
Total Units Section 8
2
% Rentals under Section 8
0.3%
% Occupied Section 8
N/A

Section 8 Opportunity

Home SizeHUD PremiumMarket RentMax HUD Rent
1 BedroomN/AN/A$750
2 BedroomN/AN/A$990
3 Bedroom-$870$2,100$1,230
4 BedroomN/AN/A$1,650

Affordability — Lucama, NC

Home Price to Income Ratio

MetricZip Code Average
Home Price to Income Ratio3
Median Home Price$205,000
Median Household Income$61,600

Lucama, NC — ZIP Code Boundary Map

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Frequently Asked Questions