Belwood, NC—28090
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Belwood, NC
As of Oct '25, the median home price in Belwood, NC is $159,000, with a year-over-year change of -7.2%. This indicates that home prices in Belwood, NC are decreasing. According to Zillow, the 1-year price projection is 0.2%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $159,000 | -7.2% |
| Single Family | $159,000 | -7.0% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | $265,000 | 0.8% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Belwood, NC
As of July '25, Rentcast reports the average rent in Belwood, NC is $900, with a year-over-year rent change of -15.9%. Per bedroom, the median rent as of July '25 in Belwood, NC is 2-bedrooms: $900. The most common rental property sizes in Belwood, NC are 3-bedroom and 2-bedroom, accounting for 44.2% and 41.3% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $800 | $900 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | $800 | $900 |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Belwood, NC
As of Oct '25, Realtor.com reports that the median days on market for a home in Belwood, NC is 69. This is a increase of 1.0% from last year, suggesting that homes are sitting on the market about the same amount of time 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 | $260,000 | -19.0% |
Listing Count | 27 | 148.0% |
| Listings as % of Homes | 0.5% | 148.0% |
Days on Market | 69 | 1.0% |
Demographics — Belwood, NC
As of the latest ACS Survey released in 2023, Belwood, NC has a population of 7,420, which has decreased by -12.4% over the past 5 years. Belwood, NC is a moderately popular place for families, as children make up 22.0% of the population. The area has a poorly educated workforce, with 19.3% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 2.9% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 7,420 | -12.4% |
% Under 18 | 22.0% | 11.1% |
% Seniors | 20.7% | 2.5% |
% WFH | 2.9% | -35.6% |
% w/ College Degree | 19.3% | 93.0% |
As of the latest ACS Survey released in 2023, Belwood, NC is a predominantly white area, with 79.5% of the population identifying as white. The white population has shrunk by 1.1% in the last 5 years. The second most common race or ethnicity in Belwood, NC is black, making up 12.4% of the population. Foreign-born residents account for 0.8% of the population in Belwood, NC, and this percentage has decreased by 20.0% 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 | 79.5% | -1.1% |
% Black | 12.4% | -23.5% |
% Hispanic | 2.8% | 55.6% |
% Asian | 0.8% | 166.7% |
% Foreign Born | 0.8% | -20.0% |
Mortgage and Risk — Belwood, NC
According to HUD data as of 2023, there were 151 mortgage originations in Belwood, NC, of which 77.0% of loans were conventional mortgages. The average loan-to-value was 60.0%, with 30.0% above 90% LTV (very high). This implies large mortgage risk in Belwood, NC. Investor activity is low, as 0.0% of loans were by investors. 11.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 151 |
% Conventional Loans | 77.0% |
% Government Loans | 23.0% |
% Investor Loans | 0.0% |
% Second Loans | 3.0% |
% Cash Out Refinance | 11.0% |
Loan Activity
Rentals and Section 8 — Belwood, NC
Belwood, NC lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 13 |
Total Units Section 8 | 13 |
% Rentals under Section 8 | 1.6% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $880 |
| 2 Bedroom | $190 | $800 | $990 |
| 3 Bedroom | N/A | N/A | $1,300 |
| 4 Bedroom | N/A | N/A | $1,400 |
Affordability — Belwood, NC
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.1 |
| Median Home Price | $159,000 |
| Median Household Income | $52,200 |