Wilson, NC—27893
Real Estate Data & Market Trends
Key Metrics at a Glance
Other Zip Codes in Wilson, NC
Home Price Trends — Wilson, NC
As of Oct '25, the median home price in Wilson, NC is $171,000, with a year-over-year change of -1.4%. This indicates that home prices in Wilson, NC are decreasing. According to Zillow, the 1-year price projection is 3.1%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $171,000 | -1.4% |
| Single Family | $171,000 | -1.2% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $55,000 | -5.2% |
2 Bed | $109,000 | -4.4% |
3 Bed | $187,000 | -0.5% |
4 Bed | $276,000 | 1.1% |
| 5 Bed | $331,000 | 1.2% |
% of Housing Stock
Rental Trends — Wilson, NC
As of July '25, Rentcast reports the average rent in Wilson, NC is $1,260, with a year-over-year rent change of 2.4%. Per bedroom, the median rent as of July '25 in Wilson, NC is studios: $1,120, 1-bedrooms: $1,110, 2-bedrooms: $1,080, 3-bedrooms: $1,470, 4-bedrooms: $1,700. The most common rental property sizes in Wilson, NC are 2-bedroom and 3-bedroom, accounting for 38.7% and 33.7% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,250 | $1,260 |
| Studio Rent | $1,120 | $1,120 |
| 1 Bed Rent | $1,200 | $1,110 |
| 2 Bed Rent | $1,000 | $1,080 |
| 3 Bed Rent | $1,350 | $1,470 |
| 4 Bed Rent | $1,550 | $1,700 |
% of Rental Stock
Property Listings — Wilson, NC
As of Oct '25, Realtor.com reports that the median days on market for a home in Wilson, NC is 59. This is a increase of 2.0% 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 29.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $219,000 | -3.0% |
Listing Count | 159 | 50.0% |
| Listings as % of Homes | 0.4% | 50.0% |
Days on Market | 59 | 2.0% |
Demographics — Wilson, NC
As of the latest ACS Survey released in 2023, Wilson, NC has a population of 38,600, which has decreased by -1.9% over the past 5 years. Wilson, NC is a moderately popular place for families, as children make up 25.0% of the population. The area has a poorly educated workforce, with 14.5% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 6.0% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 38,600 | -1.9% |
% Under 18 | 25.0% | 0.4% |
% Seniors | 17.2% | 8.2% |
% WFH | 6.0% | 200.0% |
% w/ College Degree | 14.5% | -7.6% |
As of the latest ACS Survey released in 2023, Wilson, NC is a predominantly black area, with 54.8% of the population identifying as black. The black population has grown by 6.6% in the last 5 years. The second most common race or ethnicity in Wilson, NC is white, making up 26.6% of the population. Foreign-born residents account for 6.5% of the population in Wilson, NC, and this percentage has decreased by 13.3% 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 | 26.6% | -16.9% |
% Black | 54.8% | 6.6% |
% Hispanic | 15.5% | 18.3% |
% Asian | 0.5% | -16.7% |
% Foreign Born | 6.5% | -13.3% |
Mortgage and Risk — Wilson, NC
According to HUD data as of 2023, there were 465 mortgage originations in Wilson, NC, of which 71.0% 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 Wilson, NC. Investor activity is low, as 6.0% of loans were by investors. 10.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 465 |
% Conventional Loans | 71.0% |
% Government Loans | 29.0% |
% Investor Loans | 6.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 10.0% |
Loan Activity
Rentals and Section 8 — Wilson, NC
Wilson, NC lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 1,684 |
Total Units Section 8 | 1,002 |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | 89.5% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$400 | $1,200 | $800 |
| 2 Bedroom | $0 | $1,000 | $1,000 |
| 3 Bedroom | -$50 | $1,350 | $1,300 |
| 4 Bedroom | -$60 | $1,550 | $1,490 |
Affordability — Wilson, NC
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4 |
| Median Home Price | $171,000 |
| Median Household Income | $40,200 |