Vale, NC 28168 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Vale, NC—28168

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$284,000

1.2% YoY Growth

Household Income

$63,400

32.4% YoY Growth

Days on Market

111

35.0% Longer YoY

Home Price Forecast

2.9%

Median Rent

$1,250

19.4% YoY Growth

1-Bed Rent

N/A

2-Bed Rent

$1,300

30.3% YoY Growth

3-Bed Rent

$1,080

32.7% YoY Growth

Home Price Trends — Vale, NC

As of Dec '25, the median home price in Vale, NC is $284,000, with a year-over-year change of 1.2%. This indicates that home prices in Vale, NC are increasing. According to Zillow, the 1-year price projection is 2.9%, suggesting an increase housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$284,000	1.2%
Single Family	$283,000	1.8%
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — Vale, NC

As of July '25, Rentcast reports the average rent in Vale, NC is $1,290, with a year-over-year rent change of 19.4%. Per bedroom, the median rent as of July '25 in Vale, NC is 2-bedrooms: $1,300, 3-bedrooms: $1,040, 4-bedrooms: $2,000. The most common rental property sizes in Vale, NC are 3-bedroom and 2-bedroom, accounting for 48.4% and 44.7% of the rental stock.

Type	Median Rent	Average Rent
Average Rent	$1,250	$1,290
Studio Rent	N/A	N/A
1 Bed Rent	N/A	N/A
2 Bed Rent	$1,300	$1,300
3 Bed Rent	$1,080	$1,040
4 Bed Rent	$2,000	$2,000

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% of Rental Stock

Studio

0.9%

1 Bedroom

4.3%

2 Bedrooms

44.7%

3 Bedrooms

48.4%

4 Bedrooms

1.8%

Property Listings — Vale, NC

As of Dec '25, Realtor.com reports that the median days on market for a home in Vale, NC is 85. This is a decrease of -18.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 11.0%, representing a small inventory and little supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$401,000	13.0%
Listing Count	30	90.0%
Listings as % of Homes	0.4%	90.0%
Days on Market	111	35.0%

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Demographics — Vale, NC

As of the latest ACS Survey released in 2023, Vale, NC has a population of 10,400, which has increased by 3.8% over the past 5 years. Vale, NC is a moderately popular place for families, as children make up 19.1% of the population. The area has a poorly educated workforce, with 15.1% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 4.3% reporting working from home.

Metric	Latest Census	YoY % Change
Population	10,400	3.8%
% Under 18	19.1%	-11.6%
% Seniors	20.7%	12.5%
% WFH	4.3%	19.4%
% w/ College Degree	15.1%	42.5%

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As of the latest ACS Survey released in 2023, Vale, NC is a predominantly white area, with 84.3% of the population identifying as white. The white population has shrunk by 8.7% in the last 5 years. The second most common race or ethnicity in Vale, NC is hispanic, making up 7.1% of the population. Foreign-born residents account for 5.5% of the population in Vale, NC, and this percentage has increased by 96.4% 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	84.3%	-8.7%
% Black	6.3%	384.6%
% Hispanic	7.1%	121.9%
% Asian	0.6%	-66.7%
% Foreign Born	5.5%	96.4%

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Mortgage and Risk — Vale, NC

According to HUD data as of 2023, there were 195 mortgage originations in Vale, NC, of which 69.0% of loans were conventional mortgages. The average loan-to-value was 67.0%, with 35.0% above 90% LTV (very high). This implies large mortgage risk in Vale, NC. Investor activity is low, as 2.0% 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	195
% Conventional Loans	69.0%
% Government Loans	31.0%
% Investor Loans	2.0%
% Second Loans	1.0%
% Cash Out Refinance	10.0%

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Rentals and Section 8 — Vale, NC

Vale, NC lacks sufficient Section 8 program data for analysis.

Section 8 Market Size

Total Units under HUD	8
Total Units Section 8	8
% Rentals under Section 8	1.1%
% Occupied Section 8	N/A

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	N/A	N/A	$940
2 Bedroom	-$230	$1,300	$1,070
3 Bedroom	$380	$1,080	$1,460
4 Bedroom	-$410	$2,000	$1,590

Vale, NC—28168

Key Metrics at a Glance

Home Price Trends — Vale, NC

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Vale, NC

% of Rental Stock

Property Listings — Vale, NC

Demographics — Vale, NC

Race and Ethnicity

Mortgage and Risk — Vale, NC

Mortgages

Rentals and Section 8 — Vale, NC

Section 8 Market Size

Section 8 Opportunity

Affordability — Vale, NC

Home Price to Income Ratio

Vale, NC — ZIP Code Boundary Map

Nearby ZIP Codes

Hickory, NC

Cherryville, NC

Fallston

Pleasant Grove, NC

Hildebran, NC

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	4
Median Home Price	$284,000
Median Household Income	$63,400

Vale, NC—28168

Key Metrics at a Glance

Home Price Trends — Vale, NC

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Vale, NC

% of Rental Stock

Property Listings — Vale, NC

Demographics — Vale, NC

Race and Ethnicity

Mortgage and Risk — Vale, NC

Mortgages

Rentals and Section 8 — Vale, NC

Section 8 Market Size

Section 8 Opportunity

Affordability — Vale, NC

Home Price to Income Ratio

Vale, NC — ZIP Code Boundary Map

Nearby ZIP Codes

Hickory, NC

Cherryville, NC

Fallston

Pleasant Grove, NC

Hildebran, NC

Frequently Asked Questions

What is the average home price in Vale, NC 28168?

How have home prices in Vale, NC 28168 changed over the past year?

What is the home price projection for Vale, NC 28168?

What are the demographics of Vale, NC 28168?

How long does it take homes to sell in Vale, NC 28168?

What is the average rent price in Vale, NC 28168?