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Hoffman, NC—28347

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$190,000
N/A
Household Income
$39,400
40.1% YoY Growth
Days on Market
12
64.0% Shorter YoY
Home Price Forecast
N/A
Median Rent
N/A
N/A
1-Bed Rent
N/A
N/A
2-Bed Rent
N/A
N/A
3-Bed Rent
N/A
N/A
  • Home Price Trends
  • Rental Trends
  • Property Listings
  • Demographics
  • Mortgage and Risk

Home Price Trends — Hoffman, NC

Hoffman, NC lacks sufficient home price data for analysis.

Cost per Home Type

Home TypeMedian Home ValueYoY % Change
All Homes
N/AN/A
Single Family N/AN/A
Condos N/AN/A

Cost per Home Size

Home SizeMedian Home ValueYoY % Change
1 Bed
N/AN/A
  • Affordability
  • Rentals and Section 8
    • 2 Bed
    N/A
    N/A
    3 Bed
    		N/AN/A
    4 Bed
    		N/AN/A
    5 Bed N/AN/A
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    % of Housing Stock

    1 Bedroom
    0.8%
    2 Bedrooms
    19.3%
    3 Bedrooms
    73.7%
    4 Bedrooms
    5.6%
    5+ Bedrooms
    0.6%

    Rental Trends — Hoffman, NC

    Hoffman, NC lacks sufficient rental market data for analysis.

    TypeMedian RentAverage Rent
    Average RentN/AN/A
    Studio Rent N/AN/A
    1 Bed Rent N/AN/A
    2 Bed Rent N/AN/A
    3 Bed Rent N/AN/A
    4 Bed Rent N/AN/A
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    % of Rental Stock

    2 Bedrooms
    48.4%
    3 Bedrooms
    51.6%

    Property Listings — Hoffman, NC

    As of May '26, Realtor.com reports that the median days on market for a home in Hoffman, NC is 12. This is a decrease of -64.0% 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 0.0%, representing a small inventory and little supply pressure on home prices.

    MetricZip Code AverageYear over Year % Change
    Median Listing Price
    		$190,000-3.0%
    Listing Count
    		10.0%
    Listings as % of HomesN/A0.0%
    Days on Market
    		12-64.0%
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    Demographics — Hoffman, NC

    As of the latest ACS Survey released in 2023, Hoffman, NC has a population of 1,970, which has decreased by -15.6% over the past 5 years. Hoffman, NC is a moderately popular place for families, as children make up 15.6% of the population. The area has a poorly educated workforce, with 6.9% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 1.5% reporting working from home.

    MetricLatest CensusYoY % Change
    Population
    		1,970-15.6%
    % Under 18
    		15.6%-44.3%
    % Seniors
    		5.4%10.2%
    % WFH
    		1.5%-50.0%
    % w/ College Degree
    		6.9%176.0%
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    As of the latest ACS Survey released in 2023, Hoffman, NC is a predominantly black area, with 56.1% of the population identifying as black. The black population has grown by 45.0% in the last 5 years. The second most common race or ethnicity in Hoffman, NC is white, making up 24.7% of the population. Foreign-born residents account for 6.8% of the population in Hoffman, NC, and this percentage has decreased by 64.6% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.

    Race and Ethnicity

    MetricLatest Census5-Year % Change
    % White
    		24.7%6.5%
    % Black
    		56.1%45.0%
    % Hispanic
    		10.8%-69.6%
    % Asian
    		0.3%∞%
    % Foreign Born
    		6.8%-64.6%
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    Mortgage and Risk — Hoffman, NC

    According to HUD data as of 2023, there were 44 mortgage originations in Hoffman, NC, of which 77.0% of loans were conventional mortgages. The average loan-to-value was 60.0%, with 34.0% above 90% LTV (very high). This implies large mortgage risk in Hoffman, NC. Investor activity is low, as 0.0% of loans were by investors. 7.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

    Mortgages

    MetricZip Code Average
    Total Loan Originations
    		44
    % Conventional Loans
    		77.0%
    % Government Loans
    		23.0%
    % Investor Loans
    		0.0%
    % Second Loans
    		0.0%
    % Cash Out Refinance
    		7.0%
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    Rentals and Section 8 — Hoffman, NC

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

    Section 8 Market Size

    Total Units under HUD
    		3
    Total Units Section 8
    		2
    % Rentals under Section 8
    		N/A
    % Occupied Section 8
    		N/A

    Section 8 Opportunity

    Home SizeHUD PremiumMarket RentMax HUD Rent
    1 BedroomN/AN/A$900
    2 BedroomN/AN/A$1,000
    3 BedroomN/AN/A$1,400
    4 BedroomN/AN/A$1,680

    Affordability — Hoffman, NC

    Home Price to Income Ratio

    MetricZip Code Average
    Home Price to Income RatioN/A
    Median Home PriceN/A
    Median Household Income$39,400

    Hoffman, NC — ZIP Code Boundary Map

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    Nearby ZIP Codes

    Pinebluff, NC

    28373

    Wagram, NC

    28363

    Aberdeen, NC

    28315

    Jackson Springs, NC

    27281

    Pinehurst, NC

    28374

    Frequently Asked Questions