Newton Grove, NC—28366
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Newton Grove, NC
Newton Grove, NC lacks sufficient home price data for analysis.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $155,000 | 4.1% |
| Single Family | $154,000 | 5.5% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $146,000 | 5.8% |
3 Bed | $212,000 | 2.9% |
4 Bed | $288,000 | 3.6% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Newton Grove, NC
As of July '25, Rentcast reports the average rent in Newton Grove, NC is $1,500, with a year-over-year rent change of 3.4%. Per bedroom, the median rent as of July '25 in Newton Grove, NC is 3-bedrooms: $1,500. The most common rental property sizes in Newton Grove, NC are 4-bedroom and 3-bedroom, accounting for 37.0% and 33.1% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,500 | $1,500 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | $1,500 | $1,500 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Newton Grove, NC
As of Oct '25, Realtor.com reports that the median days on market for a home in Newton Grove, NC is 83. This is a decrease of -35.0% 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 67.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $208,000 | -19.0% |
Listing Count | 6 | 75.0% |
| Listings as % of Homes | 0.2% | 75.0% |
Days on Market | 83 | -35.0% |
Demographics — Newton Grove, NC
As of the latest ACS Survey released in 2023, Newton Grove, NC has a population of 4,220, which has decreased by -24.1% over the past 5 years. Newton Grove, NC is a popular place for families, as children make up 28.5% of the population. The area has a poorly educated workforce, with 19.3% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 4.2% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 4,220 | -24.1% |
% Under 18 | 28.5% | 37.0% |
% Seniors | 22.8% | 20.6% |
% WFH | 4.2% | 44.8% |
% w/ College Degree | 19.3% | 70.8% |
As of the latest ACS Survey released in 2023, Newton Grove, NC is a predominantly white area, with 60.1% of the population identifying as white. The white population has grown by 17.4% in the last 5 years. The second most common race or ethnicity in Newton Grove, NC is black, making up 19.8% of the population. Foreign-born residents account for 5.6% of the population in Newton Grove, NC, and this percentage has decreased by 56.9% 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 | 60.1% | 17.4% |
% Black | 19.8% | 1.5% |
% Hispanic | 11.6% | -53.2% |
% Asian | 0.2% | -92.3% |
% Foreign Born | 5.6% | -56.9% |
Mortgage and Risk — Newton Grove, NC
According to HUD data as of 2023, there were 81 mortgage originations in Newton Grove, NC, of which 77.0% of loans were conventional mortgages. The average loan-to-value was 61.0%, with 28.0% above 90% LTV (very high). This implies large mortgage risk in Newton Grove, 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
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 81 |
% Conventional Loans | 77.0% |
% Government Loans | 23.0% |
% Investor Loans | 0.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 7.0% |
Loan Activity
Rentals and Section 8 — Newton Grove, NC
Newton Grove, NC lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 13 |
Total Units Section 8 | 13 |
% Rentals under Section 8 | 2.1% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $1,320 |
| 2 Bedroom | N/A | N/A | $1,490 |
| 3 Bedroom | $340 | $1,500 | $1,840 |
| 4 Bedroom | N/A | N/A | $2,440 |
Affordability — Newton Grove, NC
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.3 |
| Median Home Price | $155,000 |
| Median Household Income | $57,800 |