Mount Ulla, NC—28125
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Mount Ulla, NC
As of Oct '25, the median home price in Mount Ulla, NC is $438,000, with a year-over-year change of -1.1%. This indicates that home prices in Mount Ulla, NC are decreasing. 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 | $438,000 | -1.1% |
| Single Family | $436,000 | -0.5% |
| 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 | $425,000 | 2.2% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Mount Ulla, NC
As of July '25, Rentcast reports the average rent in Mount Ulla, NC is $1,150, with a year-over-year rent change of -33.9%. Per bedroom, the median rent as of July '25 in Mount Ulla, NC is 2-bedrooms: $1,200, 3-bedrooms: $1,100. The most common rental property sizes in Mount Ulla, NC are 2-bedroom and 3-bedroom, accounting for 51.6% and 27.0% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,100 | $1,150 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | $1,200 | $1,200 |
| 3 Bed Rent | $1,100 | $1,100 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Mount Ulla, NC
As of Oct '25, Realtor.com reports that the median days on market for a home in Mount Ulla, NC is 134. This is a increase of 99.0% 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 0.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $537,000 | -34.0% |
Listing Count | 17 | 67.0% |
| Listings as % of Homes | 0.7% | 67.0% |
Days on Market | 134 | 99.0% |
Demographics — Mount Ulla, NC
As of the latest ACS Survey released in 2023, Mount Ulla, NC has a population of 2,770, which has increased by 22.4% over the past 5 years. Mount Ulla, NC is a moderately popular place for families, as children make up 21.8% of the population. The area has a moderately educated workforce, with 28.9% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 3.3% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 2,770 | 22.4% |
% Under 18 | 21.8% | 10.7% |
% Seniors | 22.0% | 43.8% |
% WFH | 3.3% | -61.6% |
% w/ College Degree | 28.9% | 43.1% |
As of the latest ACS Survey released in 2023, Mount Ulla, NC is a predominantly white area, with 95.3% of the population identifying as white. The white population has shrunk by 2.0% in the last 5 years. The second most common race or ethnicity in Mount Ulla, NC is hispanic, making up 2.4% of the population. Foreign-born residents account for 0.0% of the population in Mount Ulla, NC, and this percentage has decreased by 100.0% 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 | 95.3% | -2.0% |
% Black | 0.0% | N/A |
% Hispanic | 2.4% | 26.3% |
% Asian | 0.0% | -100.0% |
% Foreign Born | 0.0% | -100.0% |
Mortgage and Risk — Mount Ulla, NC
According to HUD data as of 2023, there were 103 mortgage originations in Mount Ulla, NC, of which 83.0% of loans were conventional mortgages. The average loan-to-value was 53.0%, with 21.0% above 90% LTV (very high). This implies large mortgage risk in Mount Ulla, NC. Investor activity is low, as 0.0% of loans were by investors. 14.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 103 |
% Conventional Loans | 83.0% |
% Government Loans | 17.0% |
% Investor Loans | 0.0% |
% Second Loans | 2.0% |
% Cash Out Refinance | 14.0% |
Loan Activity
Rentals and Section 8 — Mount Ulla, NC
Mount Ulla, NC lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | N/A |
Total Units Section 8 | N/A |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $1,200 |
| 2 Bedroom | $260 | $1,200 | $1,460 |
| 3 Bedroom | $830 | $1,100 | $1,930 |
| 4 Bedroom | N/A | N/A | $2,460 |
Affordability — Mount Ulla, NC
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.9 |
| Median Home Price | $438,000 |
| Median Household Income | $83,900 |