Leland, NC 28451 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Leland, NC—28451

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$374,000

0.2% YoY Growth

Household Income

$77,400

39.8% YoY Growth

Days on Market

14.0% Longer YoY

Home Price Forecast

1.4%

Median Rent

$1,900

7.7% YoY Growth

1-Bed Rent

$1,340

11.5% YoY Growth

2-Bed Rent

$1,350

11.5% YoY Growth

3-Bed Rent

$1,950

3.4% YoY Growth

Home Price Trends — Leland, NC

As of Dec '25, the median home price in Leland, NC is $374,000, with a year-over-year change of 0.2%. This indicates that home prices in Leland, NC are flat. According to Zillow, the 1-year price projection is 1.4%, suggesting an increase housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$374,000	0.2%
Single Family	$375,000	0.0%
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — Leland, NC

As of July '25, Rentcast reports the average rent in Leland, NC is $1,910, with a year-over-year rent change of -7.7%. Per bedroom, the median rent as of July '25 in Leland, NC is studios: $1,180, 1-bedrooms: $1,360, 2-bedrooms: $1,460, 3-bedrooms: $2,000, 4-bedrooms: $2,530. The most common rental property sizes in Leland, NC are 3-bedroom and 2-bedroom, accounting for 48.6% and 32.6% of the rental stock.

Type	Median Rent	Average Rent
Average Rent	$1,900	$1,910
Studio Rent	$1,170	$1,180
1 Bed Rent	$1,340	$1,360
2 Bed Rent	$1,350	$1,460
3 Bed Rent	$1,950	$2,000
4 Bed Rent	$2,440	$2,530

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% of Rental Stock

Studio

1.4%

1 Bedroom

9.4%

2 Bedrooms

32.6%

3 Bedrooms

48.6%

4 Bedrooms

7.8%

5+ Bedrooms

0.2%

Property Listings — Leland, NC

As of Dec '25, Realtor.com reports that the median days on market for a home in Leland, NC is 74. This is a increase of 12.0% 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 32.0%, representing a large inventory and a lot of supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$428,000	-4.0%
Listing Count	525	39.0%
Listings as % of Homes	1.1%	39.0%
Days on Market	75	14.0%

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Demographics — Leland, NC

As of the latest ACS Survey released in 2023, Leland, NC has a population of 44,300, which has increased by 32.4% over the past 5 years. Leland, NC is a moderately popular place for families, as children make up 18.4% of the population. The area has a moderately educated workforce, with 34.1% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 11.4% reporting working from home.

Metric	Latest Census	YoY % Change
Population	44,300	32.4%
% Under 18	18.4%	-4.7%
% Seniors	24.2%	21.0%
% WFH	11.4%	93.2%
% w/ College Degree	34.1%	25.4%

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As of the latest ACS Survey released in 2023, Leland, NC is a predominantly white area, with 71.3% of the population identifying as white. The white population has shrunk by 2.1% in the last 5 years. The second most common race or ethnicity in Leland, NC is black, making up 12.0% of the population. Foreign-born residents account for 5.0% of the population in Leland, NC, and this percentage has decreased by 20.6% 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	71.3%	-2.1%
% Black	12.0%	-21.6%
% Hispanic	10.5%	40.0%
% Asian	0.7%	-46.2%
% Foreign Born	5.0%	-20.6%

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Mortgage and Risk — Leland, NC

According to HUD data as of 2023, there were 1815 mortgage originations in Leland, NC, of which 74.0% of loans were conventional mortgages. The average loan-to-value was 62.0%, with 27.0% above 90% LTV (very high). This implies large mortgage risk in Leland, NC. Investor activity is low, as 1.0% of loans were by investors. 9.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	1,815
% Conventional Loans	74.0%
% Government Loans	26.0%
% Investor Loans	1.0%
% Second Loans	4.0%
% Cash Out Refinance	9.0%

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Rentals and Section 8 — Leland, NC

As of 2024, the percent of homes in Leland, NC under the Section 8 program is 2.8%. 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. 2-bedroom and 3-bedroom and 4-bedroom units appear to be good home sizes to consider for Section 8 housing in Leland, NC, because HUD payments exceed market rent, while 1-bedroom units do not.

Section 8 Market Size

Total Units under HUD	99
Total Units Section 8	99
% Rentals under Section 8	2.8%
% Occupied Section 8	66.0%

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	-$20	$1,340	$1,320
2 Bedroom	$110	$1,350	$1,460
3 Bedroom	$100	$1,950	$2,050
4 Bedroom	$10	$2,440	$2,450

Leland, NC—28451

Key Metrics at a Glance

Home Price Trends — Leland, NC

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Leland, NC

% of Rental Stock

Property Listings — Leland, NC

Demographics — Leland, NC

Race and Ethnicity

Mortgage and Risk — Leland, NC

Mortgages

Rentals and Section 8 — Leland, NC

Section 8 Market Size

Section 8 Opportunity

Affordability — Leland, NC

Home Price to Income Ratio

Leland, NC — ZIP Code Boundary Map

Nearby ZIP Codes

Wilmington, NC

Delco, NC

Winnabow, NC

Currie, NC

Bolivia, NC

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	4.7
Median Home Price	$374,000
Median Household Income	$77,400

Leland, NC—28451

Key Metrics at a Glance

Home Price Trends — Leland, NC

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Leland, NC

% of Rental Stock

Property Listings — Leland, NC

Demographics — Leland, NC

Race and Ethnicity

Mortgage and Risk — Leland, NC

Mortgages

Rentals and Section 8 — Leland, NC

Section 8 Market Size

Section 8 Opportunity

Affordability — Leland, NC

Home Price to Income Ratio

Leland, NC — ZIP Code Boundary Map

Nearby ZIP Codes

Wilmington, NC

Delco, NC

Winnabow, NC

Currie, NC

Bolivia, NC

Frequently Asked Questions

What is the average home price in Leland, NC 28451?

How have home prices in Leland, NC 28451 changed over the past year?

What is the home price projection for Leland, NC 28451?

What are the demographics of Leland, NC 28451?

How long does it take homes to sell in Leland, NC 28451?

What is the average rent price in Leland, NC 28451?