Hamlet, NC 28345 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Hamlet, NC—28345

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$117,000

2.1% YoY Growth

Household Income

$38,500

10.2% YoY Growth

Days on Market

5.0% Shorter YoY

Home Price Forecast

-0.3%

Median Rent

$900

15.2% YoY Growth

1-Bed Rent

N/A

2-Bed Rent

$900

N/A

3-Bed Rent

$1,000

0.0% YoY Growth

Home Price Trends — Hamlet, NC

As of Dec '25, the median home price in Hamlet, NC is $117,000, with a year-over-year change of -2.1%. This indicates that home prices in Hamlet, NC are decreasing. According to Zillow, the 1-year price projection is -0.3%, suggesting a relatively flat housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$117,000	-2.1%
Single Family	$117,000	-1.7%
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — Hamlet, NC

As of July '25, Rentcast reports the average rent in Hamlet, NC is $950, with a year-over-year rent change of 15.2%. Per bedroom, the median rent as of July '25 in Hamlet, NC is 2-bedrooms: $900, 3-bedrooms: $1,000. The most common rental property sizes in Hamlet, NC are 3-bedroom and 2-bedroom, accounting for 49.8% and 31.7% of the rental stock.

Type	Median Rent	Average Rent
Average Rent	$900	$950
Studio Rent	N/A	N/A
1 Bed Rent	N/A	N/A
2 Bed Rent	$900	$900
3 Bed Rent	$1,000	$1,000
4 Bed Rent	N/A	N/A

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% of Rental Stock

Studio

6.4%

1 Bedroom

9.1%

2 Bedrooms

31.7%

3 Bedrooms

49.8%

4 Bedrooms

2.7%

5+ Bedrooms

0.2%

Property Listings — Hamlet, NC

As of Dec '25, Realtor.com reports that the median days on market for a home in Hamlet, NC is 81. This is a decrease of -1.0% from last year, suggesting that homes are sitting on the market about the same amount of time than last year. The percentage of listed homes with a reduced price is 13.0%, representing a small inventory and little supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$208,000	17.0%
Listing Count	28	-3.0%
Listings as % of Homes	0.3%	-3.0%
Days on Market	76	-5.0%

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Demographics — Hamlet, NC

As of the latest ACS Survey released in 2023, Hamlet, NC has a population of 12,200, which has remained stable by 1.0% over the past 5 years. Hamlet, NC is a moderately popular place for families, as children make up 24.2% of the population. The area has a poorly educated workforce, with 8.1% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 6.0% reporting working from home.

Metric	Latest Census	YoY % Change
Population	12,200	1.0%
% Under 18	24.2%	-6.9%
% Seniors	16.0%	0.6%
% WFH	6.0%	361.5%
% w/ College Degree	8.1%	-40.0%

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As of the latest ACS Survey released in 2023, Hamlet, NC is a predominantly white area, with 57.5% of the population identifying as white. The white population has grown by 11.4% in the last 5 years. The second most common race or ethnicity in Hamlet, NC is black, making up 33.9% of the population. Foreign-born residents account for 1.4% of the population in Hamlet, NC, and this percentage has decreased by 44.0% 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	57.5%	11.4%
% Black	33.9%	-12.6%
% Hispanic	3.9%	21.9%
% Asian	0.0%	-100.0%
% Foreign Born	1.4%	-44.0%

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Mortgage and Risk — Hamlet, NC

According to HUD data as of 2023, there were 160 mortgage originations in Hamlet, NC, of which 74.0% of loans were conventional mortgages. The average loan-to-value was 70.0%, with 39.0% above 90% LTV (very high). This implies large mortgage risk in Hamlet, NC. Investor activity is low, as 1.0% of loans were by investors. 9.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	160
% Conventional Loans	74.0%
% Government Loans	26.0%
% Investor Loans	1.0%
% Second Loans	3.0%
% Cash Out Refinance	9.0%

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Rentals and Section 8 — Hamlet, NC

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

Section 8 Market Size

Total Units under HUD	399
Total Units Section 8	161
% Rentals under Section 8	N/A
% Occupied Section 8	84.7%

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	N/A	N/A	$840
2 Bedroom	$30	$900	$930
3 Bedroom	$300	$1,000	$1,300
4 Bedroom	N/A	N/A	$1,560

Hamlet, NC—28345

Key Metrics at a Glance

Home Price Trends — Hamlet, NC

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Hamlet, NC

% of Rental Stock

Property Listings — Hamlet, NC

Demographics — Hamlet, NC

Race and Ethnicity

Mortgage and Risk — Hamlet, NC

Mortgages

Rentals and Section 8 — Hamlet, NC

Section 8 Market Size

Section 8 Opportunity

Affordability — Hamlet, NC

Home Price to Income Ratio

Hamlet, NC — ZIP Code Boundary Map

Nearby ZIP Codes

Laurel Hill, NC

Rockingham, NC

Gibson, NC

Cordova

Wagram, NC

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	3
Median Home Price	$117,000
Median Household Income	$38,500

Hamlet, NC—28345

Key Metrics at a Glance

Home Price Trends — Hamlet, NC

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Hamlet, NC

% of Rental Stock

Property Listings — Hamlet, NC

Demographics — Hamlet, NC

Race and Ethnicity

Mortgage and Risk — Hamlet, NC

Mortgages

Rentals and Section 8 — Hamlet, NC

Section 8 Market Size

Section 8 Opportunity

Affordability — Hamlet, NC

Home Price to Income Ratio

Hamlet, NC — ZIP Code Boundary Map

Nearby ZIP Codes

Laurel Hill, NC

Rockingham, NC

Gibson, NC

Cordova

Wagram, NC

Frequently Asked Questions

What is the average home price in Hamlet, NC 28345?

How have home prices in Hamlet, NC 28345 changed over the past year?

What is the home price projection for Hamlet, NC 28345?

What are the demographics of Hamlet, NC 28345?

How long does it take homes to sell in Hamlet, NC 28345?

What is the average rent price in Hamlet, NC 28345?