Pikeville, NC 27863 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Pikeville, NC—27863

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$239,000

0.6% YoY Growth

Household Income

$78,100

37.6% YoY Growth

Days on Market

15.0% Longer YoY

Home Price Forecast

1.2%

Median Rent

$1,950

12.9% YoY Growth

1-Bed Rent

N/A

2-Bed Rent

$800

N/A

3-Bed Rent

$1,700

13.1% YoY Growth

Home Price Trends — Pikeville, NC

As of Dec '25, the median home price in Pikeville, NC is $239,000, with a year-over-year change of 0.6%. This indicates that home prices in Pikeville, NC are flat. According to Zillow, the 1-year price projection is 1.2%, suggesting an increase housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$239,000	0.6%
Single Family	$239,000	1.3%
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — Pikeville, NC

As of July '25, Rentcast reports the average rent in Pikeville, NC is $1,840, with a year-over-year rent change of 12.9%. Per bedroom, the median rent as of July '25 in Pikeville, NC is 2-bedrooms: $875, 3-bedrooms: $1,730, 4-bedrooms: $2,510. The most common rental property sizes in Pikeville, NC are 2-bedroom and 3-bedroom, accounting for 49.3% and 38.0% of the rental stock.

Type	Median Rent	Average Rent
Average Rent	$1,950	$1,840
Studio Rent	N/A	N/A
1 Bed Rent	N/A	N/A
2 Bed Rent	$800	$875
3 Bed Rent	$1,700	$1,730
4 Bed Rent	$2,500	$2,510

Loading chart...

% of Rental Stock

1 Bedroom

7.4%

2 Bedrooms

49.3%

3 Bedrooms

38.0%

4 Bedrooms

5.4%

Property Listings — Pikeville, NC

As of Dec '25, Realtor.com reports that the median days on market for a home in Pikeville, NC is 80. This is a increase of 29.0% 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 23.0%, representing a small inventory and little supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$307,000	-1.0%
Listing Count	86	2.0%
Listings as % of Homes	0.9%	2.0%
Days on Market	73	15.0%

Loading chart...

Demographics — Pikeville, NC

As of the latest ACS Survey released in 2023, Pikeville, NC has a population of 13,400, which has increased by 4.2% over the past 5 years. Pikeville, NC is a moderately popular place for families, as children make up 24.7% of the population. The area has a poorly educated workforce, with 18.2% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 2.5% reporting working from home.

Metric	Latest Census	YoY % Change
Population	13,400	4.2%
% Under 18	24.7%	-7.5%
% Seniors	13.1%	-7.7%
% WFH	2.5%	8.7%
% w/ College Degree	18.2%	4.6%

Loading chart...

As of the latest ACS Survey released in 2023, Pikeville, NC is a predominantly white area, with 73.1% of the population identifying as white. The white population has grown by 3.4% in the last 5 years. The second most common race or ethnicity in Pikeville, NC is black, making up 14.9% of the population. Foreign-born residents account for 3.3% of the population in Pikeville, NC, and this percentage has decreased by 25.0% 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	73.1%	3.4%
% Black	14.9%	-15.8%
% Hispanic	9.7%	-5.8%
% Asian	0.4%	300.0%
% Foreign Born	3.3%	-25.0%

Loading chart...

Mortgage and Risk — Pikeville, NC

According to HUD data as of 2023, there were 317 mortgage originations in Pikeville, NC, of which 50.0% of loans were conventional mortgages. The average loan-to-value was 74.0%, with 49.0% above 90% LTV (very high). This implies large mortgage risk in Pikeville, NC. Investor activity is low, as 1.0% of loans were by investors. 9.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	317
% Conventional Loans	50.0%
% Government Loans	50.0%
% Investor Loans	1.0%
% Second Loans	1.0%
% Cash Out Refinance	9.0%

Loading chart...

Rentals and Section 8 — Pikeville, NC

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

Section 8 Market Size

Total Units under HUD	12
Total Units Section 8	12
% Rentals under Section 8	1.2%
% Occupied Section 8	N/A

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	N/A	N/A	$1,320
2 Bedroom	$690	$800	$1,490
3 Bedroom	$140	$1,700	$1,840
4 Bedroom	-$60	$2,500	$2,440

Pikeville, NC—27863

Key Metrics at a Glance

Home Price Trends — Pikeville, NC

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Pikeville, NC

% of Rental Stock

Property Listings — Pikeville, NC

Demographics — Pikeville, NC

Race and Ethnicity

Mortgage and Risk — Pikeville, NC

Mortgages

Rentals and Section 8 — Pikeville, NC

Section 8 Market Size

Section 8 Opportunity

Affordability — Pikeville, NC

Home Price to Income Ratio

Pikeville, NC — ZIP Code Boundary Map

Nearby ZIP Codes

Fremont, NC

Westover

Goldsboro, NC

Seymour Johnson Homes

Black Creek

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	2.7
Median Home Price	$239,000
Median Household Income	$78,100

Pikeville, NC—27863

Key Metrics at a Glance

Home Price Trends — Pikeville, NC

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Pikeville, NC

% of Rental Stock

Property Listings — Pikeville, NC

Demographics — Pikeville, NC

Race and Ethnicity

Mortgage and Risk — Pikeville, NC

Mortgages

Rentals and Section 8 — Pikeville, NC

Section 8 Market Size

Section 8 Opportunity

Affordability — Pikeville, NC

Home Price to Income Ratio

Pikeville, NC — ZIP Code Boundary Map

Nearby ZIP Codes

Fremont, NC

Westover

Goldsboro, NC

Seymour Johnson Homes

Black Creek

Frequently Asked Questions

What is the average home price in Pikeville, NC 27863?

How have home prices in Pikeville, NC 27863 changed over the past year?

What is the home price projection for Pikeville, NC 27863?

What are the demographics of Pikeville, NC 27863?

How long does it take homes to sell in Pikeville, NC 27863?

What is the average rent price in Pikeville, NC 27863?