Hampstead, NC—28443
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Hampstead, NC
As of Oct '25, the median home price in Hampstead, NC is $488,000, with a year-over-year change of -0.1%. This indicates that home prices in Hampstead, NC are flat. According to Zillow, the 1-year price projection is 2.1%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $488,000 | -0.1% |
| Single Family | $491,000 | -0.6% |
| Condos | $233,000 | 0.4% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $268,000 | -1.5% |
3 Bed | $441,000 | -0.5% |
4 Bed | $569,000 | -0.7% |
| 5 Bed | $649,000 | -0.5% |
% of Housing Stock
Rental Trends — Hampstead, NC
As of July '25, Rentcast reports the average rent in Hampstead, NC is $2,370, with a year-over-year rent change of 0.9%. Per bedroom, the median rent as of July '25 in Hampstead, NC is studios: $1,180, 1-bedrooms: $1,370, 2-bedrooms: $1,500, 3-bedrooms: $2,350, 4-bedrooms: $2,800. The most common rental property sizes in Hampstead, NC are 2-bedroom and 3-bedroom, accounting for 36.3% and 36.2% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,400 | $2,370 |
| Studio Rent | $1,180 | $1,180 |
| 1 Bed Rent | $1,300 | $1,370 |
| 2 Bed Rent | $1,400 | $1,500 |
| 3 Bed Rent | $2,390 | $2,350 |
| 4 Bed Rent | $2,800 | $2,800 |
% of Rental Stock
Property Listings — Hampstead, NC
As of Oct '25, Realtor.com reports that the median days on market for a home in Hampstead, NC is 73. This is a increase of 18.0% 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 31.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $525,000 | -7.0% |
Listing Count | 325 | 23.0% |
| Listings as % of Homes | 2.2% | 23.0% |
Days on Market | 73 | 18.0% |
Demographics — Hampstead, NC
As of the latest ACS Survey released in 2023, Hampstead, NC has a population of 27,200, which has increased by 22.9% over the past 5 years. Hampstead, NC is a popular place for families, as children make up 25.2% of the population. The area has a moderately educated workforce, with 39.6% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 17.4% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 27,200 | 22.9% |
% Under 18 | 25.2% | 5.9% |
% Seniors | 18.3% | -9.0% |
% WFH | 17.4% | 114.8% |
% w/ College Degree | 39.6% | 5.9% |
As of the latest ACS Survey released in 2023, Hampstead, NC is a predominantly white area, with 81.7% of the population identifying as white. The white population has shrunk by 10.6% in the last 5 years. The second most common race or ethnicity in Hampstead, NC is black, making up 5.5% of the population. Foreign-born residents account for 4.0% of the population in Hampstead, NC, and this percentage has increased by 33.3% 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 | 81.7% | -10.6% |
% Black | 5.5% | 139.1% |
% Hispanic | 5.3% | 130.4% |
% Asian | 1.1% | 37.5% |
% Foreign Born | 4.0% | 33.3% |
Mortgage and Risk — Hampstead, NC
According to HUD data as of 2023, there were 1277 mortgage originations in Hampstead, NC, of which 75.0% of loans were conventional mortgages. The average loan-to-value was 63.0%, with 27.0% above 90% LTV (very high). This implies large mortgage risk in Hampstead, NC. Investor activity is low, as 0.0% of loans were by investors. 6.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 1,277 |
% Conventional Loans | 75.0% |
% Government Loans | 25.0% |
% Investor Loans | 0.0% |
% Second Loans | 4.0% |
% Cash Out Refinance | 6.0% |
Loan Activity
Rentals and Section 8 — Hampstead, NC
As of 2024, the percent of homes in Hampstead, NC under the Section 8 program is 0.5%. 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. 1-bedroom and 2-bedroom units appear to be good home sizes to consider for Section 8 housing in Hampstead, NC, because HUD payments exceed market rent, while 3-bedroom and 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 9 |
Total Units Section 8 | 9 |
% Rentals under Section 8 | 0.5% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $20 | $1,300 | $1,320 |
| 2 Bedroom | $60 | $1,400 | $1,460 |
| 3 Bedroom | -$340 | $2,390 | $2,050 |
| 4 Bedroom | -$350 | $2,800 | $2,450 |
Affordability — Hampstead, NC
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 5.2 |
| Median Home Price | $488,000 |
| Median Household Income | $89,400 |