Stedman, NC—28391
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Stedman, NC
As of Oct '25, the median home price in Stedman, NC is $261,000, with a year-over-year change of -1.1%. This indicates that home prices in Stedman, NC are decreasing. According to Zillow, the 1-year price projection is 3.3%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $261,000 | -1.1% |
| Single Family | $261,000 | -1.1% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $178,000 | 2.3% |
3 Bed | $252,000 | -0.8% |
4 Bed | $347,000 | 1.5% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Stedman, NC
As of July '25, Rentcast reports the average rent in Stedman, NC is $1,630, with a year-over-year rent change of 4.5%. Per bedroom, the median rent as of July '25 in Stedman, NC is 2-bedrooms: $1,100, 3-bedrooms: $1,410, 4-bedrooms: $2,050. The most common rental property sizes in Stedman, NC are 3-bedroom and 2-bedroom, accounting for 54.4% and 38.2% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,750 | $1,630 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | $1,100 | $1,100 |
| 3 Bed Rent | $1,300 | $1,410 |
| 4 Bed Rent | $2,000 | $2,050 |
% of Rental Stock
Property Listings — Stedman, NC
As of Oct '25, Realtor.com reports that the median days on market for a home in Stedman, NC is 81. This is a increase of 55.0% 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 9.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $330,000 | -2.0% |
Listing Count | 22 | 40.0% |
| Listings as % of Homes | 1.5% | 40.0% |
Days on Market | 81 | 55.0% |
Demographics — Stedman, NC
As of the latest ACS Survey released in 2023, Stedman, NC has a population of 5,960, which has remained stable by -0.5% over the past 5 years. Stedman, NC is a moderately popular place for families, as children make up 22.3% of the population. The area has a poorly educated workforce, with 20.5% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 2.3% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 5,960 | -0.5% |
% Under 18 | 22.3% | -11.2% |
% Seniors | 14.5% | -12.1% |
% WFH | 2.3% | -37.8% |
% w/ College Degree | 20.5% | 24.2% |
As of the latest ACS Survey released in 2023, Stedman, NC is a predominantly white area, with 76.9% of the population identifying as white. The white population has shrunk by 1.3% in the last 5 years. The second most common race or ethnicity in Stedman, NC is black, making up 12.1% of the population. Foreign-born residents account for 2.3% of the population in Stedman, NC, and this percentage has increased by 64.3% 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 | 76.9% | -1.3% |
% Black | 12.1% | -8.3% |
% Hispanic | 2.2% | -61.4% |
% Asian | 0.7% | -12.5% |
% Foreign Born | 2.3% | 64.3% |
Mortgage and Risk — Stedman, NC
According to HUD data as of 2023, there were 151 mortgage originations in Stedman, NC, of which 44.0% of loans were conventional mortgages. The average loan-to-value was 76.0%, with 56.0% above 90% LTV (very high). This implies large mortgage risk in Stedman, 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 | 151 |
% Conventional Loans | 44.0% |
% Government Loans | 56.0% |
% Investor Loans | 2.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 13.0% |
Loan Activity
Rentals and Section 8 — Stedman, NC
Stedman, NC lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 2 |
Total Units Section 8 | 2 |
% Rentals under Section 8 | 0.4% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $1,010 |
| 2 Bedroom | $70 | $1,100 | $1,170 |
| 3 Bedroom | $290 | $1,300 | $1,590 |
| 4 Bedroom | -$20 | $2,000 | $1,980 |
Affordability — Stedman, NC
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.4 |
| Median Home Price | $261,000 |
| Median Household Income | $70,200 |