Wadesboro, NC 28170 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Wadesboro, NC—28170

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$125,000

9.7% YoY Growth

Household Income

$36,100

3.3% YoY Growth

Days on Market

6.0% Longer YoY

Home Price Forecast

0.9%

Median Rent

$1,100

3.8% YoY Growth

1-Bed Rent

$1,100

N/A

2-Bed Rent

$750

N/A

3-Bed Rent

$1,650

70.5% YoY Growth

Home Price Trends — Wadesboro, NC

As of Dec '25, the median home price in Wadesboro, NC is $125,000, with a year-over-year change of -9.7%. This indicates that home prices in Wadesboro, NC are decreasing. According to Zillow, the 1-year price projection is 0.9%, suggesting a relatively flat housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$125,000	-9.7%
Single Family	$125,000	-9.4%
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — Wadesboro, NC

As of July '25, Rentcast reports the average rent in Wadesboro, NC is $1,360, with a year-over-year rent change of 3.8%. Per bedroom, the median rent as of July '25 in Wadesboro, NC is 1-bedrooms: $1,100, 2-bedrooms: $825, 3-bedrooms: $2,080. The most common rental property sizes in Wadesboro, NC are 3-bedroom and 2-bedroom, accounting for 44.5% and 38.9% of the rental stock.

Type	Median Rent	Average Rent
Average Rent	$1,100	$1,360
Studio Rent	N/A	N/A
1 Bed Rent	$1,100	$1,100
2 Bed Rent	$750	$825
3 Bed Rent	$1,650	$2,080
4 Bed Rent	N/A	N/A

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% of Rental Stock

Studio

1.2%

1 Bedroom

7.2%

2 Bedrooms

38.9%

3 Bedrooms

44.5%

4 Bedrooms

7.0%

5+ Bedrooms

1.3%

Property Listings — Wadesboro, NC

As of Dec '25, Realtor.com reports that the median days on market for a home in Wadesboro, NC is 70. This is a decrease of -6.0% 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 15.0%, representing a small inventory and little supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$234,000	6.0%
Listing Count	53	14.0%
Listings as % of Homes	0.8%	14.0%
Days on Market	85	6.0%

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Demographics — Wadesboro, NC

As of the latest ACS Survey released in 2023, Wadesboro, NC has a population of 9,600, which has decreased by -19.1% over the past 5 years. Wadesboro, NC is a moderately popular place for families, as children make up 24.9% of the population. The area has a poorly educated workforce, with 13.4% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 7.4% reporting working from home.

Metric	Latest Census	YoY % Change
Population	9,600	-19.1%
% Under 18	24.9%	22.7%
% Seniors	19.9%	10.6%
% WFH	7.4%	236.4%
% w/ College Degree	13.4%	5.5%

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As of the latest ACS Survey released in 2023, Wadesboro, NC is a predominantly black area, with 53.9% of the population identifying as black. The black population has shrunk by 7.5% in the last 5 years. The second most common race or ethnicity in Wadesboro, NC is white, making up 38.0% of the population. Foreign-born residents account for 3.8% of the population in Wadesboro, NC, and this percentage has increased by 18.8% 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	38.0%	6.7%
% Black	53.9%	-7.5%
% Hispanic	1.8%	-48.6%
% Asian	3.4%	142.9%
% Foreign Born	3.8%	18.8%

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Mortgage and Risk — Wadesboro, NC

According to HUD data as of 2023, there were 144 mortgage originations in Wadesboro, NC, of which 69.0% of loans were conventional mortgages. The average loan-to-value was 70.0%, with 43.0% above 90% LTV (very high). This implies large mortgage risk in Wadesboro, NC. Investor activity is low, as 1.0% 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	144
% Conventional Loans	69.0%
% Government Loans	31.0%
% Investor Loans	1.0%
% Second Loans	1.0%
% Cash Out Refinance	10.0%

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Rentals and Section 8 — Wadesboro, NC

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

Section 8 Market Size

Total Units under HUD	355
Total Units Section 8	180
% Rentals under Section 8	12.1%
% Occupied Section 8	86.1%

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	-$190	$1,100	$910
2 Bedroom	$450	$750	$1,200
3 Bedroom	-$200	$1,650	$1,450
4 Bedroom	N/A	N/A	$1,710

Wadesboro, NC—28170

Key Metrics at a Glance

Home Price Trends — Wadesboro, NC

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Wadesboro, NC

% of Rental Stock

Property Listings — Wadesboro, NC

Demographics — Wadesboro, NC

Race and Ethnicity

Mortgage and Risk — Wadesboro, NC

Mortgages

Rentals and Section 8 — Wadesboro, NC

Section 8 Market Size

Section 8 Opportunity

Affordability — Wadesboro, NC

Home Price to Income Ratio

Wadesboro, NC — ZIP Code Boundary Map

Nearby ZIP Codes

Polkton, NC

Cedar Hill

Lilesville, NC

Morven, NC

Peachland, NC

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	3.5
Median Home Price	$125,000
Median Household Income	$36,100

Wadesboro, NC—28170

Key Metrics at a Glance

Home Price Trends — Wadesboro, NC

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Wadesboro, NC

% of Rental Stock

Property Listings — Wadesboro, NC

Demographics — Wadesboro, NC

Race and Ethnicity

Mortgage and Risk — Wadesboro, NC

Mortgages

Rentals and Section 8 — Wadesboro, NC

Section 8 Market Size

Section 8 Opportunity

Affordability — Wadesboro, NC

Home Price to Income Ratio

Wadesboro, NC — ZIP Code Boundary Map

Nearby ZIP Codes

Polkton, NC

Cedar Hill

Lilesville, NC

Morven, NC

Peachland, NC

Frequently Asked Questions

What is the average home price in Wadesboro, NC 28170?

How have home prices in Wadesboro, NC 28170 changed over the past year?

What is the home price projection for Wadesboro, NC 28170?

What are the demographics of Wadesboro, NC 28170?

How long does it take homes to sell in Wadesboro, NC 28170?

What is the average rent price in Wadesboro, NC 28170?