Bolivia, NC 28422 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Bolivia, NC—28422

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$331,000

0.2% YoY Growth

Household Income

$67,900

50.2% YoY Growth

Days on Market

31.0% Shorter YoY

Home Price Forecast

2.2%

Median Rent

$2,000

2.1% YoY Growth

1-Bed Rent

$1,520

46.2% YoY Growth

2-Bed Rent

$1,600

37.9% YoY Growth

3-Bed Rent

$1,950

3.4% YoY Growth

Home Price Trends — Bolivia, NC

As of Dec '25, the median home price in Bolivia, NC is $331,000, with a year-over-year change of -0.2%. This indicates that home prices in Bolivia, NC are flat. According to Zillow, the 1-year price projection is 2.2%, suggesting an increase housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$331,000	-0.2%
Single Family	$332,000	0.0%
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — Bolivia, NC

As of July '25, Rentcast reports the average rent in Bolivia, NC is $1,990, with a year-over-year rent change of 2.1%. Per bedroom, the median rent as of July '25 in Bolivia, NC is 1-bedrooms: $1,520, 2-bedrooms: $2,000, 3-bedrooms: $1,970, 4-bedrooms: $2,030. The most common rental property sizes in Bolivia, NC are 3-bedroom and 2-bedroom, accounting for 37.4% and 27.7% of the rental stock.

Type	Median Rent	Average Rent
Average Rent	$2,000	$1,990
Studio Rent	N/A	N/A
1 Bed Rent	$1,520	$1,520
2 Bed Rent	$1,600	$2,000
3 Bed Rent	$1,950	$1,970
4 Bed Rent	$2,000	$2,030

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% of Rental Stock

2 Bedrooms

27.7%

3 Bedrooms

37.4%

4 Bedrooms

18.2%

5+ Bedrooms

16.6%

Property Listings — Bolivia, NC

As of Dec '25, Realtor.com reports that the median days on market for a home in Bolivia, NC is 78. This is a decrease of -27.0% 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 21.0%, representing a small inventory and little supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$384,000	9.0%
Listing Count	305	6.0%
Listings as % of Homes	4.2%	6.0%
Days on Market	91	-31.0%

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Demographics — Bolivia, NC

As of the latest ACS Survey released in 2023, Bolivia, NC has a population of 8,590, which has increased by 2.2% over the past 5 years. Bolivia, NC is a moderately popular place for families, as children make up 16.7% of the population. The area has a moderately educated workforce, with 28.3% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 7.8% reporting working from home.

Metric	Latest Census	YoY % Change
Population	8,590	2.2%
% Under 18	16.7%	-0.6%
% Seniors	32.5%	6.6%
% WFH	7.8%	18.2%
% w/ College Degree	28.3%	21.5%

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As of the latest ACS Survey released in 2023, Bolivia, NC is a predominantly white area, with 80.3% of the population identifying as white. The white population has grown by 14.1% in the last 5 years. The second most common race or ethnicity in Bolivia, NC is black, making up 8.5% of the population. Foreign-born residents account for 3.4% of the population in Bolivia, NC, and this percentage has increased by 6.2% 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	80.3%	14.1%
% Black	8.5%	-61.0%
% Hispanic	3.1%	-16.2%
% Asian	0.9%	∞%
% Foreign Born	3.4%	6.2%

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Mortgage and Risk — Bolivia, NC

According to HUD data as of 2023, there were 677 mortgage originations in Bolivia, NC, of which 66.0% of loans were conventional mortgages. The average loan-to-value was 72.0%, with 38.0% above 90% LTV (very high). This implies large mortgage risk in Bolivia, NC. Investor activity is low, as 1.0% of loans were by investors. 3.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	677
% Conventional Loans	66.0%
% Government Loans	34.0%
% Investor Loans	1.0%
% Second Loans	7.0%
% Cash Out Refinance	3.0%

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Rentals and Section 8 — Bolivia, NC

As of 2024, the percent of homes in Bolivia, NC under the Section 8 program is 1.2%. 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. 4-bedroom units appear to be good home sizes to consider for Section 8 housing in Bolivia, NC, because HUD payments exceed market rent, while 1-bedroom and 2-bedroom and 3-bedroom units do not.

Section 8 Market Size

Total Units under HUD	8
Total Units Section 8	8
% Rentals under Section 8	1.2%
% Occupied Section 8	N/A

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	-$300	$1,520	$1,220
2 Bedroom	-$250	$1,600	$1,350
3 Bedroom	-$60	$1,950	$1,890
4 Bedroom	$270	$2,000	$2,270

Bolivia, NC—28422

Key Metrics at a Glance

Home Price Trends — Bolivia, NC

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Bolivia, NC

% of Rental Stock

Property Listings — Bolivia, NC

Demographics — Bolivia, NC

Race and Ethnicity

Mortgage and Risk — Bolivia, NC

Mortgages

Rentals and Section 8 — Bolivia, NC

Section 8 Market Size

Section 8 Opportunity

Affordability — Bolivia, NC

Home Price to Income Ratio

Bolivia, NC — ZIP Code Boundary Map

Nearby ZIP Codes

Supply, NC

Oak Island, NC

Southport, NC

Winnabow, NC

Leland, NC

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	5
Median Home Price	$331,000
Median Household Income	$67,900

Bolivia, NC—28422

Key Metrics at a Glance

Home Price Trends — Bolivia, NC

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Bolivia, NC

% of Rental Stock

Property Listings — Bolivia, NC

Demographics — Bolivia, NC

Race and Ethnicity

Mortgage and Risk — Bolivia, NC

Mortgages

Rentals and Section 8 — Bolivia, NC

Section 8 Market Size

Section 8 Opportunity

Affordability — Bolivia, NC

Home Price to Income Ratio

Bolivia, NC — ZIP Code Boundary Map

Nearby ZIP Codes

Supply, NC

Oak Island, NC

Southport, NC

Winnabow, NC

Leland, NC

Frequently Asked Questions

What is the average home price in Bolivia, NC 28422?

How have home prices in Bolivia, NC 28422 changed over the past year?

What is the home price projection for Bolivia, NC 28422?

What are the demographics of Bolivia, NC 28422?

How long does it take homes to sell in Bolivia, NC 28422?

What is the average rent price in Bolivia, NC 28422?