Pinetops, NC—27864
Real Estate Data & Market Trends
Key Metrics at a Glance
Other Zip Codes in Pinetops, NC
Home Price Trends — Pinetops, NC
As of Oct '25, the median home price in Pinetops, NC is $149,000, with a year-over-year change of -5.0%. This indicates that home prices in Pinetops, NC are decreasing. According to Zillow, the 1-year price projection is 2.4%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $149,000 | -5.0% |
| Single Family | $149,000 | -3.2% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | $152,000 | -4.4% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Pinetops, NC
As of July '25, Rentcast reports the average rent in Pinetops, NC is $913, with a year-over-year rent change of 11.8%. Per bedroom, the median rent as of July '25 in Pinetops, NC is 2-bedrooms: $913. The most common rental property sizes in Pinetops, NC are 3-bedroom and 2-bedroom, accounting for 63.5% and 19.0% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $895 | $913 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | $895 | $913 |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Pinetops, NC
As of Oct '25, Realtor.com reports that the median days on market for a home in Pinetops, NC is 80. This is a decrease of -9.0% 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 | $255,000 | 12.0% |
Listing Count | 7 | -42.0% |
| Listings as % of Homes | 0.1% | -42.0% |
Days on Market | 80 | -9.0% |
Demographics — Pinetops, NC
As of the latest ACS Survey released in 2023, Pinetops, NC has a population of 4,280, which has decreased by -12.8% over the past 5 years. Pinetops, NC is a moderately popular place for families, as children make up 22.1% of the population. The area has a poorly educated workforce, with 15.4% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 8.5% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 4,280 | -12.8% |
% Under 18 | 22.1% | -3.1% |
% Seniors | 19.1% | 8.5% |
% WFH | 8.5% | 372.2% |
% w/ College Degree | 15.4% | 26.2% |
As of the latest ACS Survey released in 2023, Pinetops, NC is a predominantly white area, with 57.3% of the population identifying as white. The white population has grown by 6.9% in the last 5 years. The second most common race or ethnicity in Pinetops, NC is black, making up 34.3% of the population. Foreign-born residents account for 0.0% of the population in Pinetops, NC, and this percentage has decreased by 100.0% 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 | 57.3% | 6.9% |
% Black | 34.3% | -14.5% |
% Hispanic | 3.6% | 2.9% |
% Asian | 0.0% | N/A |
% Foreign Born | 0.0% | -100.0% |
Mortgage and Risk — Pinetops, NC
According to HUD data as of 2023, there were 44 mortgage originations in Pinetops, NC, of which 80.0% of loans were conventional mortgages. The average loan-to-value was 69.0%, with 39.0% above 90% LTV (very high). This implies large mortgage risk in Pinetops, NC. Investor activity is low, as 0.0% of loans were by investors. 7.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 44 |
% Conventional Loans | 80.0% |
% Government Loans | 20.0% |
% Investor Loans | 0.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 7.0% |
Loan Activity
Rentals and Section 8 — Pinetops, NC
Pinetops, NC lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 54 |
Total Units Section 8 | 54 |
% Rentals under Section 8 | 8.1% |
% Occupied Section 8 | 98.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $780 |
| 2 Bedroom | $75 | $895 | $970 |
| 3 Bedroom | N/A | N/A | $1,320 |
| 4 Bedroom | N/A | N/A | $1,530 |
Affordability — Pinetops, NC
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.6 |
| Median Home Price | $149,000 |
| Median Household Income | $54,800 |