Cramerton, NC—28032
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Cramerton, NC
As of Oct '25, the median home price in Cramerton, NC is $289,000, with a year-over-year change of 0.1%. This indicates that home prices in Cramerton, NC are flat. According to Zillow, the 1-year price projection is 0.9%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $289,000 | 0.1% |
| Single Family | $289,000 | 0.0% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $234,000 | 0.9% |
3 Bed | $321,000 | 1.3% |
4 Bed | $641,000 | 3.2% |
| 5 Bed | $875,000 | 2.5% |
% of Housing Stock
Rental Trends — Cramerton, NC
As of July '25, Rentcast reports the average rent in Cramerton, NC is $1,820, with a year-over-year rent change of -6.7%. Per bedroom, the median rent as of July '25 in Cramerton, NC is 2-bedrooms: $1,510, 3-bedrooms: $2,220, 4-bedrooms: $2,250. The most common rental property sizes in Cramerton, NC are 2-bedroom and 1-bedroom, accounting for 35.7% and 35.4% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,750 | $1,820 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | $1,400 | $1,510 |
| 3 Bed Rent | $2,280 | $2,220 |
| 4 Bed Rent | $2,250 | $2,250 |
% of Rental Stock
Property Listings — Cramerton, NC
As of Oct '25, Realtor.com reports that the median days on market for a home in Cramerton, NC is 79. This is a increase of 37.0% 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 33.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $329,000 | -15.0% |
Listing Count | 36 | 7.0% |
| Listings as % of Homes | 1.2% | 7.0% |
Days on Market | 79 | 37.0% |
Demographics — Cramerton, NC
As of the latest ACS Survey released in 2023, Cramerton, NC has a population of 3,220, which has decreased by -2.2% over the past 5 years. Cramerton, NC is a moderately popular place for families, as children make up 21.7% of the population. The area has a moderately educated workforce, with 43.0% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 11.6% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 3,220 | -2.2% |
% Under 18 | 21.7% | -14.9% |
% Seniors | 21.8% | 55.7% |
% WFH | 11.6% | 176.2% |
% w/ College Degree | 43.0% | 64.8% |
As of the latest ACS Survey released in 2023, Cramerton, NC is a predominantly white area, with 83.3% of the population identifying as white. The white population has grown by 3.9% in the last 5 years. The second most common race or ethnicity in Cramerton, NC is black, making up 8.5% of the population. Foreign-born residents account for 4.6% of the population in Cramerton, NC, and this percentage has decreased by 44.6% 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 | 83.3% | 3.9% |
% Black | 8.5% | 214.8% |
% Hispanic | 2.9% | -43.1% |
% Asian | 1.1% | -71.1% |
% Foreign Born | 4.6% | -44.6% |
Mortgage and Risk — Cramerton, NC
According to HUD data as of 2023, there were 54 mortgage originations in Cramerton, NC, of which 85.0% of loans were conventional mortgages. The average loan-to-value was 66.0%, with 30.0% above 90% LTV (very high). This implies large mortgage risk in Cramerton, NC. Investor activity is low, as 6.0% of loans were by investors. 17.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 54 |
% Conventional Loans | 85.0% |
% Government Loans | 15.0% |
% Investor Loans | 6.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 17.0% |
Loan Activity
Rentals and Section 8 — Cramerton, NC
Cramerton, NC lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 23 |
Total Units Section 8 | 23 |
% Rentals under Section 8 | 4.7% |
% Occupied Section 8 | 83.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $1,330 |
| 2 Bedroom | $70 | $1,400 | $1,470 |
| 3 Bedroom | -$470 | $2,280 | $1,810 |
| 4 Bedroom | $50 | $2,250 | $2,300 |
Affordability — Cramerton, NC
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.8 |
| Median Home Price | $289,000 |
| Median Household Income | $74,100 |