Scotland Neck, NC 27874 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Scotland Neck, NC—27874

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$75,000

8.5% YoY Growth

Household Income

$37,500

4.1% YoY Growth

Days on Market

74.0% Longer YoY

Home Price Forecast

0.3%

Median Rent

$1,000

63.0% YoY Growth

1-Bed Rent

N/A

2-Bed Rent

$1,000

N/A

3-Bed Rent

$1,000

63.0% YoY Growth

Home Price Trends — Scotland Neck, NC

As of Dec '25, the median home price in Scotland Neck, NC is $75,000, with a year-over-year change of -8.5%. This indicates that home prices in Scotland Neck, NC are decreasing. According to Zillow, the 1-year price projection is 0.3%, suggesting a relatively flat housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$75,000	-8.5%
Single Family	$75,000	-8.5%
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — Scotland Neck, NC

As of July '25, Rentcast reports the average rent in Scotland Neck, NC is $1,100, with a year-over-year rent change of 63.0%. Per bedroom, the median rent as of July '25 in Scotland Neck, NC is 2-bedrooms: $1,000, 3-bedrooms: $1,100, 4-bedrooms: $1,200. The most common rental property sizes in Scotland Neck, NC are 3-bedroom and 2-bedroom, accounting for 34.9% and 31.1% of the rental stock.

Type	Median Rent	Average Rent
Average Rent	$1,000	$1,100
Studio Rent	N/A	N/A
1 Bed Rent	N/A	N/A
2 Bed Rent	$1,000	$1,000
3 Bed Rent	$1,000	$1,100
4 Bed Rent	$1,200	$1,200

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% of Rental Stock

1 Bedroom

13.1%

2 Bedrooms

31.1%

3 Bedrooms

34.9%

4 Bedrooms

20.9%

Property Listings — Scotland Neck, NC

As of Dec '25, Realtor.com reports that the median days on market for a home in Scotland Neck, NC is 72. This is a increase of 130.0% 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 25.0%, representing a small inventory and little supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$165,000	27.0%
Listing Count	16	52.0%
Listings as % of Homes	0.5%	52.0%
Days on Market	90	74.0%

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Demographics — Scotland Neck, NC

As of the latest ACS Survey released in 2023, Scotland Neck, NC has a population of 3,680, which has decreased by -2.4% over the past 5 years. Scotland Neck, NC is a less popular place for families, as children make up 9.5% of the population. The area has a poorly educated workforce, with 12.6% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 12.1% reporting working from home.

Metric	Latest Census	YoY % Change
Population	3,680	-2.4%
% Under 18	9.5%	-34.9%
% Seniors	39.6%	55.3%
% WFH	12.1%	1,000.0%
% w/ College Degree	12.6%	10.5%

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As of the latest ACS Survey released in 2023, Scotland Neck, NC is a predominantly black area, with 73.8% of the population identifying as black. The black population has grown by 17.7% in the last 5 years. The second most common race or ethnicity in Scotland Neck, NC is white, making up 25.3% of the population. Foreign-born residents account for 1.4% of the population in Scotland Neck, NC, and this percentage has increased by 16.7% 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	25.3%	-20.7%
% Black	73.8%	17.7%
% Hispanic	0.4%	-84.0%
% Asian	0.0%	-100.0%
% Foreign Born	1.4%	16.7%

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Mortgage and Risk — Scotland Neck, NC

According to HUD data as of 2023, there were 43 mortgage originations in Scotland Neck, NC, of which 74.0% of loans were conventional mortgages. The average loan-to-value was 73.0%, with 35.0% above 90% LTV (very high). This implies large mortgage risk in Scotland Neck, NC. Investor activity is low, as 0.0% of loans were by investors. 12.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	43
% Conventional Loans	74.0%
% Government Loans	26.0%
% Investor Loans	0.0%
% Second Loans	9.0%
% Cash Out Refinance	12.0%

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Rentals and Section 8 — Scotland Neck, NC

Scotland Neck, NC lacks sufficient Section 8 program data for analysis.

Section 8 Market Size

Total Units under HUD	121
Total Units Section 8	81
% Rentals under Section 8	N/A
% Occupied Section 8	70.5%

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	N/A	N/A	$740
2 Bedroom	-$70	$1,000	$930
3 Bedroom	$140	$1,000	$1,140
4 Bedroom	$190	$1,200	$1,390

Scotland Neck, NC—27874

Key Metrics at a Glance

Home Price Trends — Scotland Neck, NC

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Scotland Neck, NC

% of Rental Stock

Property Listings — Scotland Neck, NC

Demographics — Scotland Neck, NC

Race and Ethnicity

Mortgage and Risk — Scotland Neck, NC

Mortgages

Rentals and Section 8 — Scotland Neck, NC

Section 8 Market Size

Section 8 Opportunity

Affordability — Scotland Neck, NC

Home Price to Income Ratio

Scotland Neck, NC — ZIP Code Boundary Map

Nearby ZIP Codes

Hobgood, NC

Rich Square, NC

Halifax, NC

Jackson, NC

Tarboro, NC

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	2.2
Median Home Price	$75,000
Median Household Income	$37,500

Scotland Neck, NC—27874

Key Metrics at a Glance

Home Price Trends — Scotland Neck, NC

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Scotland Neck, NC

% of Rental Stock

Property Listings — Scotland Neck, NC

Demographics — Scotland Neck, NC

Race and Ethnicity

Mortgage and Risk — Scotland Neck, NC

Mortgages

Rentals and Section 8 — Scotland Neck, NC

Section 8 Market Size

Section 8 Opportunity

Affordability — Scotland Neck, NC

Home Price to Income Ratio

Scotland Neck, NC — ZIP Code Boundary Map

Nearby ZIP Codes

Hobgood, NC

Rich Square, NC

Halifax, NC

Jackson, NC

Tarboro, NC

Frequently Asked Questions

What is the average home price in Scotland Neck, NC 27874?

How have home prices in Scotland Neck, NC 27874 changed over the past year?

What is the home price projection for Scotland Neck, NC 27874?

What are the demographics of Scotland Neck, NC 27874?

How long does it take homes to sell in Scotland Neck, NC 27874?

What is the average rent price in Scotland Neck, NC 27874?