Laurel Hill, NC—28351
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Laurel Hill, NC
As of Oct '25, the median home price in Laurel Hill, NC is $101,000, with a year-over-year change of -8.4%. This indicates that home prices in Laurel Hill, NC are decreasing. According to Zillow, the 1-year price projection is 3.0%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $101,000 | -8.4% |
| Single Family | $101,000 | -7.3% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $50,000 | -10.7% |
3 Bed | $125,000 | -6.7% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Laurel Hill, NC
As of July '25, Rentcast reports the average rent in Laurel Hill, NC is $1,200, with a year-over-year rent change of 84.6%. Per bedroom, the median rent as of July '25 in Laurel Hill, NC is 2-bedrooms: $1,200. The most common rental property sizes in Laurel Hill, NC are 2-bedroom and 3-bedroom, accounting for 44.7% and 40.9% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,200 | $1,200 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | $1,200 | $1,200 |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Laurel Hill, NC
As of Oct '25, Realtor.com reports that the median days on market for a home in Laurel Hill, NC is 353. This is a increase of 21.0% 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 0.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $138,000 | -23.0% |
Listing Count | 5 | -29.0% |
| Listings as % of Homes | 0.2% | -29.0% |
Days on Market | 353 | 21.0% |
Demographics — Laurel Hill, NC
As of the latest ACS Survey released in 2023, Laurel Hill, NC has a population of 4,790, which has increased by 2.0% over the past 5 years. Laurel Hill, NC is a moderately popular place for families, as children make up 24.8% of the population. The area has a poorly educated workforce, with 10.0% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 0.7% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 4,790 | 2.0% |
% Under 18 | 24.8% | 15.3% |
% Seniors | 15.9% | 1.3% |
% WFH | 0.7% | 0.0% |
% w/ College Degree | 10.0% | -26.5% |
As of the latest ACS Survey released in 2023, Laurel Hill, NC is a predominantly white area, with 59.8% of the population identifying as white. The white population has grown by 7.7% in the last 5 years. The second most common race or ethnicity in Laurel Hill, NC is black, making up 16.4% of the population. Foreign-born residents account for 1.9% of the population in Laurel Hill, NC, and this percentage has increased by 216.7% 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 | 59.8% | 7.7% |
% Black | 16.4% | -39.5% |
% Hispanic | 2.6% | 766.7% |
% Asian | 0.0% | -100.0% |
% Foreign Born | 1.9% | 216.7% |
Mortgage and Risk — Laurel Hill, NC
According to HUD data as of 2023, there were 103 mortgage originations in Laurel Hill, NC, of which 67.0% of loans were conventional mortgages. The average loan-to-value was 79.0%, with 48.0% above 90% LTV (very high). This implies large mortgage risk in Laurel Hill, NC. Investor activity is low, as 3.0% 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 | 103 |
% Conventional Loans | 67.0% |
% Government Loans | 33.0% |
% Investor Loans | 3.0% |
% Second Loans | 2.0% |
% Cash Out Refinance | 9.0% |
Loan Activity
Rentals and Section 8 — Laurel Hill, NC
Laurel Hill, NC lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 40 |
Total Units Section 8 | 41 |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | 82.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $790 |
| 2 Bedroom | -$270 | $1,200 | $930 |
| 3 Bedroom | N/A | N/A | $1,230 |
| 4 Bedroom | N/A | N/A | $1,310 |
Affordability — Laurel Hill, NC
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.2 |
| Median Home Price | $101,000 |
| Median Household Income | $46,200 |