Kure Beach, NC—28449
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Kure Beach, NC
As of Oct '25, the median home price in Kure Beach, NC is $736,000, with a year-over-year change of -3.4%. This indicates that home prices in Kure Beach, NC are decreasing. According to Zillow, the 1-year price projection is 2.4%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $736,000 | -3.4% |
| Single Family | $800,000 | -3.3% |
| Condos | $533,000 | -5.8% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $468,000 | -7.1% |
3 Bed | $670,000 | -4.0% |
4 Bed | $911,000 | -2.8% |
| 5 Bed | $1,143,000 | -4.0% |
% of Housing Stock
Rental Trends — Kure Beach, NC
As of July '25, Rentcast reports the average rent in Kure Beach, NC is $3,060, with a year-over-year rent change of 12.5%. Per bedroom, the median rent as of July '25 in Kure Beach, NC is 1-bedrooms: $1,900, 2-bedrooms: $2,460, 3-bedrooms: $2,970, 4-bedrooms: $3,780. The most common rental property sizes in Kure Beach, NC are 4-bedroom and 3-bedroom, accounting for 69.3% and 17.1% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,880 | $3,060 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,900 | $1,900 |
| 2 Bed Rent | $2,500 | $2,460 |
| 3 Bed Rent | $3,000 | $2,970 |
| 4 Bed Rent | $3,550 | $3,780 |
% of Rental Stock
Property Listings — Kure Beach, NC
As of Oct '25, Realtor.com reports that the median days on market for a home in Kure Beach, NC is 98. This is a increase of 23.0% 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 25.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $867,000 | -2.0% |
Listing Count | 64 | 45.0% |
| Listings as % of Homes | 1.4% | 45.0% |
Days on Market | 98 | 23.0% |
Demographics — Kure Beach, NC
As of the latest ACS Survey released in 2023, Kure Beach, NC has a population of 2,020, which has increased by 4.4% over the past 5 years. Kure Beach, NC is a less popular place for families, as children make up 7.8% of the population. The area has a highly educated workforce, with 50.9% of adult residents holding a bachelor’s degree or higher. There are many residents working remotely, with 28.1% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 2,020 | 4.4% |
% Under 18 | 7.8% | -23.5% |
% Seniors | 26.8% | -13.0% |
% WFH | 28.1% | 75.6% |
% w/ College Degree | 50.9% | 5.2% |
As of the latest ACS Survey released in 2023, Kure Beach, NC is a predominantly white area, with 97.0% of the population identifying as white. The white population has shrunk by 0.7% in the last 5 years. The second most common race or ethnicity in Kure Beach, NC is hispanic, making up 1.0% of the population. Foreign-born residents account for 3.2% of the population in Kure Beach, NC, and this percentage has decreased by 17.9% 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 | 97.0% | -0.7% |
% Black | 0.0% | N/A |
% Hispanic | 1.0% | -50.0% |
% Asian | 0.2% | ∞% |
% Foreign Born | 3.2% | -17.9% |
Mortgage and Risk — Kure Beach, NC
According to HUD data as of 2023, there were 77 mortgage originations in Kure Beach, NC, of which 94.0% of loans were conventional mortgages. The average loan-to-value was 52.0%, with 12.0% above 90% LTV (elevated). This implies medium mortgage risk in Kure Beach, NC. Investor activity is low, as 6.0% 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 | 77 |
% Conventional Loans | 94.0% |
% Government Loans | 6.0% |
% Investor Loans | 6.0% |
% Second Loans | 39.0% |
% Cash Out Refinance | 3.0% |
Loan Activity
Rentals and Section 8 — Kure Beach, NC
Kure Beach, NC lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | N/A |
Total Units Section 8 | N/A |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$330 | $1,900 | $1,570 |
| 2 Bedroom | -$760 | $2,500 | $1,740 |
| 3 Bedroom | -$700 | $3,000 | $2,300 |
| 4 Bedroom | -$760 | $3,550 | $2,790 |
Affordability — Kure Beach, NC
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 6.9 |
| Median Home Price | $736,000 |
| Median Household Income | $107,000 |