Lilesville, NC—28091
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Lilesville, NC
As of Oct '25, the median home price in Lilesville, NC is $108,000, with a year-over-year change of -8.4%. This indicates that home prices in Lilesville, NC are decreasing. According to Zillow, the 1-year price projection is 2.7%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $108,000 | -8.4% |
| Single Family | $108,000 | -6.9% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $96,000 | -2.0% |
3 Bed | $145,000 | -2.7% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Lilesville, NC
Lilesville, NC lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $850 | $850 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $850 | $850 |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Lilesville, NC
As of Oct '25, Realtor.com reports that the median days on market for a home in Lilesville, NC is 103. This is a increase of 94.0% 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 80.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $283,000 | 54.0% |
Listing Count | 5 | 27.0% |
| Listings as % of Homes | 0.3% | 27.0% |
Days on Market | 103 | 94.0% |
Demographics — Lilesville, NC
As of the latest ACS Survey released in 2023, Lilesville, NC has a population of 1,990, which has increased by 4.2% over the past 5 years. Lilesville, NC is a moderately popular place for families, as children make up 17.2% of the population. The area has a poorly educated workforce, with 13.2% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 7.3% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 1,990 | 4.2% |
% Under 18 | 17.2% | -17.3% |
% Seniors | 21.3% | 25.3% |
% WFH | 7.3% | ∞% |
% w/ College Degree | 13.2% | 73.7% |
As of the latest ACS Survey released in 2023, Lilesville, NC is a predominantly black area, with 45.3% of the population identifying as black. The black population has grown by 74.2% in the last 5 years. The second most common race or ethnicity in Lilesville, NC is white, making up 43.7% of the population. Foreign-born residents account for 4.5% of the population in Lilesville, NC, and this percentage has increased by Inf% 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 | 43.7% | -40.3% |
% Black | 45.3% | 74.2% |
% Hispanic | 3.9% | ∞% |
% Asian | 0.0% | N/A |
% Foreign Born | 4.5% | ∞% |
Mortgage and Risk — Lilesville, NC
According to HUD data as of 2023, there were 31 mortgage originations in Lilesville, NC, of which 84.0% of loans were conventional mortgages. The average loan-to-value was 68.0%, with 39.0% above 90% LTV (very high). This implies large mortgage risk in Lilesville, NC. Investor activity is low, as 3.0% 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 | 31 |
% Conventional Loans | 84.0% |
% Government Loans | 16.0% |
% Investor Loans | 3.0% |
% Second Loans | 3.0% |
% Cash Out Refinance | 10.0% |
Loan Activity
Rentals and Section 8 — Lilesville, NC
Lilesville, NC lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 5 |
Total Units Section 8 | 5 |
% Rentals under Section 8 | 2.0% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $0 | $850 | $850 |
| 2 Bedroom | N/A | N/A | $1,120 |
| 3 Bedroom | N/A | N/A | $1,350 |
| 4 Bedroom | N/A | N/A | $1,590 |
Affordability — Lilesville, NC
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2 |
| Median Home Price | $108,000 |
| Median Household Income | $54,300 |