Davidson, NC—28036
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Davidson, NC
As of Oct '25, the median home price in Davidson, NC is $650,000, with a year-over-year change of 1.1%. This indicates that home prices in Davidson, NC are increasing. According to Zillow, the 1-year price projection is 1.6%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $650,000 | 1.1% |
| Single Family | $691,000 | 0.7% |
| Condos | $476,000 | 3.9% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $376,000 | -0.3% |
3 Bed | $549,000 | 1.9% |
4 Bed | $846,000 | 1.9% |
| 5 Bed | $969,000 | 1.9% |
% of Housing Stock
Rental Trends — Davidson, NC
As of July '25, Rentcast reports the average rent in Davidson, NC is $2,680, with a year-over-year rent change of 7.6%. Per bedroom, the median rent as of July '25 in Davidson, NC is studios: $1,330, 1-bedrooms: $1,600, 2-bedrooms: $2,060, 3-bedrooms: $2,610, 4-bedrooms: $3,160. The most common rental property sizes in Davidson, NC are 2-bedroom and 1-bedroom, accounting for 44.8% and 24.1% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,600 | $2,680 |
| Studio Rent | $1,330 | $1,330 |
| 1 Bed Rent | $1,380 | $1,600 |
| 2 Bed Rent | $1,900 | $2,060 |
| 3 Bed Rent | $2,500 | $2,610 |
| 4 Bed Rent | $2,950 | $3,160 |
% of Rental Stock
Property Listings — Davidson, NC
As of Oct '25, Realtor.com reports that the median days on market for a home in Davidson, NC is 62. This is a increase of 8.0% 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 28.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $750,000 | 6.0% |
Listing Count | 194 | 10.0% |
| Listings as % of Homes | 1.3% | 10.0% |
Days on Market | 62 | 8.0% |
Demographics — Davidson, NC
As of the latest ACS Survey released in 2023, Davidson, NC has a population of 21,800, which has increased by 22.4% over the past 5 years. Davidson, NC is a moderately popular place for families, as children make up 22.2% of the population. The area has a highly educated workforce, with 67.8% of adult residents holding a bachelor’s degree or higher. There are many residents working remotely, with 25.6% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 21,800 | 22.4% |
% Under 18 | 22.2% | -14.6% |
% Seniors | 15.1% | 18.9% |
% WFH | 25.6% | 158.6% |
% w/ College Degree | 67.8% | 5.1% |
As of the latest ACS Survey released in 2023, Davidson, NC is a predominantly white area, with 74.5% of the population identifying as white. The white population has shrunk by 12.5% in the last 5 years. The second most common race or ethnicity in Davidson, NC is black, making up 7.8% of the population. Foreign-born residents account for 4.1% of the population in Davidson, NC, and this percentage has decreased by 26.8% 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 | 74.5% | -12.5% |
% Black | 7.8% | 62.5% |
% Hispanic | 7.3% | 25.9% |
% Asian | 2.4% | 41.2% |
% Foreign Born | 4.1% | -26.8% |
Mortgage and Risk — Davidson, NC
According to HUD data as of 2023, there were 684 mortgage originations in Davidson, NC, of which 92.0% of loans were conventional mortgages. The average loan-to-value was 57.0%, with 16.0% above 90% LTV (elevated). This implies medium mortgage risk in Davidson, NC. Investor activity is low, as 1.0% of loans were by investors. 8.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 684 |
% Conventional Loans | 92.0% |
% Government Loans | 8.0% |
% Investor Loans | 1.0% |
% Second Loans | 2.0% |
% Cash Out Refinance | 8.0% |
Loan Activity
Rentals and Section 8 — Davidson, NC
As of 2024, the percent of homes in Davidson, NC under the Section 8 program is 1.6%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. In Davidson, NC, all tracked home sizes have HUD payment amounts above market rent, suggesting strong Section 8 opportunity across the board.
Section 8 Market Size
Total Units under HUD | 16 |
Total Units Section 8 | 16 |
% Rentals under Section 8 | 1.6% |
% Occupied Section 8 | 61.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $490 | $1,380 | $1,870 |
| 2 Bedroom | $170 | $1,900 | $2,070 |
| 3 Bedroom | $70 | $2,500 | $2,570 |
| 4 Bedroom | $300 | $2,950 | $3,250 |
Affordability — Davidson, NC
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.1 |
| Median Home Price | $650,000 |
| Median Household Income | $145,000 |