Waxhaw, NC 28173 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Waxhaw, NC—28173

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$692,000

0.6% YoY Growth

Household Income

$146,000

26.0% YoY Growth

Days on Market

0.0% Longer YoY

Home Price Forecast

2.2%

Median Rent

$2,590

7.3% YoY Growth

1-Bed Rent

$1,250

52.6% YoY Growth

2-Bed Rent

$1,520

3.2% YoY Growth

3-Bed Rent

$2,140

5.2% YoY Growth

Home Price Trends — Waxhaw, NC

As of Dec '25, the median home price in Waxhaw, NC is $692,000, with a year-over-year change of 0.6%. This indicates that home prices in Waxhaw, NC are flat. According to Zillow, the 1-year price projection is 2.2%, suggesting an increase housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$692,000	0.6%
Single Family	$694,000	0.4%
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — Waxhaw, NC

As of July '25, Rentcast reports the average rent in Waxhaw, NC is $2,780, with a year-over-year rent change of 7.3%. Per bedroom, the median rent as of July '25 in Waxhaw, NC is studios: $745, 1-bedrooms: $1,450, 2-bedrooms: $1,910, 3-bedrooms: $2,220, 4-bedrooms: $2,820. The most common rental property sizes in Waxhaw, NC are 3-bedroom and 4-bedroom, accounting for 39.6% and 26.3% of the rental stock.

Type	Median Rent	Average Rent
Average Rent	$2,590	$2,780
Studio Rent	$745	$745
1 Bed Rent	$1,250	$1,450
2 Bed Rent	$1,520	$1,910
3 Bed Rent	$2,140	$2,220
4 Bed Rent	$2,700	$2,820

Loading chart...

% of Rental Stock

Studio

0.7%

1 Bedroom

2.7%

2 Bedrooms

20.2%

3 Bedrooms

39.6%

4 Bedrooms

26.3%

5+ Bedrooms

10.5%

Property Listings — Waxhaw, NC

As of Dec '25, Realtor.com reports that the median days on market for a home in Waxhaw, NC is 68. This is a increase of 15.0% 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 26.0%, representing a large inventory and a lot of supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$745,000	2.0%
Listing Count	262	22.0%
Listings as % of Homes	1.0%	22.0%
Days on Market	67	0.0%

Loading chart...

Demographics — Waxhaw, NC

As of the latest ACS Survey released in 2023, Waxhaw, NC has a population of 63,500, which has increased by 11.6% over the past 5 years. Waxhaw, NC is a popular place for families, as children make up 29.6% of the population. The area has a highly educated workforce, with 57.0% of adult residents holding a bachelor’s degree or higher. There are many residents working remotely, with 28.2% reporting working from home.

Metric	Latest Census	YoY % Change
Population	63,500	11.6%
% Under 18	29.6%	-8.4%
% Seniors	11.2%	20.4%
% WFH	28.2%	129.3%
% w/ College Degree	57.0%	2.3%

Loading chart...

As of the latest ACS Survey released in 2023, Waxhaw, NC is a predominantly white area, with 72.0% of the population identifying as white. The white population has shrunk by 8.6% in the last 5 years. The second most common race or ethnicity in Waxhaw, NC is black, making up 8.1% of the population. Foreign-born residents account for 11.8% of the population in Waxhaw, NC, and this percentage has increased by 49.4% 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	72.0%	-8.6%
% Black	8.1%	12.5%
% Hispanic	7.9%	43.6%
% Asian	8.0%	40.4%
% Foreign Born	11.8%	49.4%

Loading chart...

Mortgage and Risk — Waxhaw, NC

According to HUD data as of 2023, there were 1754 mortgage originations in Waxhaw, NC, of which 93.0% of loans were conventional mortgages. The average loan-to-value was 48.0%, with 11.0% above 90% LTV (elevated). This implies medium mortgage risk in Waxhaw, NC. Investor activity is low, as 1.0% 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	1,754
% Conventional Loans	93.0%
% Government Loans	7.0%
% Investor Loans	1.0%
% Second Loans	1.0%
% Cash Out Refinance	11.0%

Loading chart...

Rentals and Section 8 — Waxhaw, NC

As of 2024, the percent of homes in Waxhaw, NC under the Section 8 program is 0.7%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. In Waxhaw, NC, all tracked home sizes have HUD payment amounts above market rent, suggesting strong Section 8 opportunity across the board.

Section 8 Market Size

Total Units under HUD	19
Total Units Section 8	19
% Rentals under Section 8	0.7%
% Occupied Section 8	N/A

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	$680	$1,250	$1,930
2 Bedroom	$620	$1,520	$2,140
3 Bedroom	$500	$2,140	$2,640
4 Bedroom	$650	$2,700	$3,350

Waxhaw, NC—28173

Key Metrics at a Glance

Home Price Trends — Waxhaw, NC

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Waxhaw, NC

% of Rental Stock

Property Listings — Waxhaw, NC

Demographics — Waxhaw, NC

Race and Ethnicity

Mortgage and Risk — Waxhaw, NC

Mortgages

Rentals and Section 8 — Waxhaw, NC

Section 8 Market Size

Section 8 Opportunity

Affordability — Waxhaw, NC

Home Price to Income Ratio

Waxhaw, NC — ZIP Code Boundary Map

Nearby ZIP Codes

Fort Mill, SC

Matthews, NC

Ballantyne, Charlotte, NC

Lancaster, SC

Monroe, NC

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	4.3
Median Home Price	$692,000
Median Household Income	$146,000

Waxhaw, NC—28173

Key Metrics at a Glance

Home Price Trends — Waxhaw, NC

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Waxhaw, NC

% of Rental Stock

Property Listings — Waxhaw, NC

Demographics — Waxhaw, NC

Race and Ethnicity

Mortgage and Risk — Waxhaw, NC

Mortgages

Rentals and Section 8 — Waxhaw, NC

Section 8 Market Size

Section 8 Opportunity

Affordability — Waxhaw, NC

Home Price to Income Ratio

Waxhaw, NC — ZIP Code Boundary Map

Nearby ZIP Codes

Fort Mill, SC

Matthews, NC

Ballantyne, Charlotte, NC

Lancaster, SC

Monroe, NC

Frequently Asked Questions

What is the average home price in Waxhaw, NC 28173?

How have home prices in Waxhaw, NC 28173 changed over the past year?

What is the home price projection for Waxhaw, NC 28173?

What are the demographics of Waxhaw, NC 28173?

How long does it take homes to sell in Waxhaw, NC 28173?

What is the average rent price in Waxhaw, NC 28173?