Raeford, NC 28376 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Raeford, NC—28376

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$288,000

0.1% YoY Growth

Household Income

$61,800

24.9% YoY Growth

Days on Market

14.0% Shorter YoY

Home Price Forecast

1.3%

Median Rent

$1,900

2.2% YoY Growth

1-Bed Rent

$1,320

7.4% YoY Growth

2-Bed Rent

$1,100

22.4% YoY Growth

3-Bed Rent

$1,780

1.1% YoY Growth

Home Price Trends — Raeford, NC

As of May '26, the median home price in Raeford, NC is $288,000, with a year-over-year change of -0.1%. This indicates that home prices in Raeford, NC are flat. According to Zillow, the 1-year price projection is 1.3%, suggesting an increase housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$288,000	-0.1%
Single Family	$288,000	-0.3%
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — Raeford, NC

As of July '25, Rentcast reports the average rent in Raeford, NC is $1,880, with a year-over-year rent change of 2.2%. Per bedroom, the median rent as of July '25 in Raeford, NC is 1-bedrooms: $1,260, 2-bedrooms: $1,040, 3-bedrooms: $1,760, 4-bedrooms: $2,150. The most common rental property sizes in Raeford, NC are 3-bedroom and 2-bedroom, accounting for 51.8% and 24.6% of the rental stock.

Type	Median Rent	Average Rent
Average Rent	$1,900	$1,880
Studio Rent	N/A	N/A
1 Bed Rent	$1,320	$1,260
2 Bed Rent	$1,100	$1,040
3 Bed Rent	$1,780	$1,760
4 Bed Rent	$2,200	$2,150

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% of Rental Stock

Studio

4.5%

1 Bedroom

4.9%

2 Bedrooms

24.6%

3 Bedrooms

51.8%

4 Bedrooms

10.1%

5+ Bedrooms

4.0%

Property Listings — Raeford, NC

As of May '26, Realtor.com reports that the median days on market for a home in Raeford, NC is 54. This is a decrease of -14.0% 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 15.0%, representing a small inventory and little supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$335,000	-3.0%
Listing Count	389	-22.0%
Listings as % of Homes	1.5%	-22.0%
Days on Market	54	-14.0%

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Demographics — Raeford, NC

As of the latest ACS Survey released in 2023, Raeford, NC has a population of 44,000, which has remained stable by -0.8% over the past 5 years. Raeford, NC is a popular place for families, as children make up 28.4% of the population. The area has a poorly educated workforce, with 22.9% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 5.8% reporting working from home.

Metric	Latest Census	YoY % Change
Population	44,000	-0.8%
% Under 18	28.4%	1.4%
% Seniors	10.9%	28.2%
% WFH	5.8%	70.6%
% w/ College Degree	22.9%	18.7%

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As of the latest ACS Survey released in 2023, Raeford, NC is a predominantly white area, with 37.6% of the population identifying as white. The white population has shrunk by 11.3% in the last 5 years. The second most common race or ethnicity in Raeford, NC is black, making up 36.6% of the population. Foreign-born residents account for 6.1% of the population in Raeford, NC, and this percentage has increased by 13.0% 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	37.6%	-11.3%
% Black	36.6%	0.3%
% Hispanic	15.4%	18.5%
% Asian	1.4%	-6.7%
% Foreign Born	6.1%	13.0%

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Mortgage and Risk — Raeford, NC

According to HUD data as of 2023, there were 1380 mortgage originations in Raeford, NC, of which 27.0% of loans were conventional mortgages. The average loan-to-value was 84.0%, with 66.0% above 90% LTV (very high). This implies large mortgage risk in Raeford, NC. Investor activity is low, as 2.0% of loans were by investors. 13.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	1,380
% Conventional Loans	27.0%
% Government Loans	73.0%
% Investor Loans	2.0%
% Second Loans	1.0%
% Cash Out Refinance	13.0%

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Rentals and Section 8 — Raeford, NC

As of 2024, the percent of homes in Raeford, NC under the Section 8 program is 5.3%. 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 Raeford, NC, none of the tracked home sizes currently have HUD payment amounts above market rent, suggesting limited Section 8 opportunity.

Section 8 Market Size

Total Units under HUD	275
Total Units Section 8	268
% Rentals under Section 8	5.3%
% Occupied Section 8	75.6%

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	-$500	$1,320	$820
2 Bedroom	-$30	$1,100	$1,070
3 Bedroom	-$280	$1,780	$1,500
4 Bedroom	-$400	$2,200	$1,800

Raeford, NC—28376

Key Metrics at a Glance

Home Price Trends — Raeford, NC

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Raeford, NC

% of Rental Stock

Property Listings — Raeford, NC

Demographics — Raeford, NC

Race and Ethnicity

Mortgage and Risk — Raeford, NC

Mortgages

Rentals and Section 8 — Raeford, NC

Section 8 Market Size

Section 8 Opportunity

Affordability — Raeford, NC

Home Price to Income Ratio

Raeford, NC — ZIP Code Boundary Map

Nearby ZIP Codes

Vass, NC

Nijmegen

Southern Pines, NC

Lumber Bridge, NC

Wagram, NC

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	4.1
Median Home Price	$288,000
Median Household Income	$61,800

Raeford, NC—28376

Key Metrics at a Glance

Home Price Trends — Raeford, NC

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Raeford, NC

% of Rental Stock

Property Listings — Raeford, NC

Demographics — Raeford, NC

Race and Ethnicity

Mortgage and Risk — Raeford, NC

Mortgages

Rentals and Section 8 — Raeford, NC

Section 8 Market Size

Section 8 Opportunity

Affordability — Raeford, NC

Home Price to Income Ratio

Raeford, NC — ZIP Code Boundary Map

Nearby ZIP Codes

Vass, NC

Nijmegen

Southern Pines, NC

Lumber Bridge, NC

Wagram, NC

Frequently Asked Questions

What is the average home price in Raeford, NC 28376?

How have home prices in Raeford, NC 28376 changed over the past year?

What is the home price projection for Raeford, NC 28376?

What are the demographics of Raeford, NC 28376?

How long does it take homes to sell in Raeford, NC 28376?

What is the average rent price in Raeford, NC 28376?