Riegelwood, NC—28456
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Riegelwood, NC
Riegelwood, NC lacks sufficient home price data for analysis.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $186,000 | -2.4% |
| Single Family | $186,000 | -2.6% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | N/A | N/A |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Riegelwood, NC
Riegelwood, NC lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | N/A | N/A |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Riegelwood, NC
As of Oct '25, Realtor.com reports that the median days on market for a home in Riegelwood, NC is 63. This is a increase of 59.0% 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 0.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $272,000 | -5.0% |
Listing Count | 7 | 320.0% |
| Listings as % of Homes | 0.2% | 320.0% |
Days on Market | 63 | 59.0% |
Demographics — Riegelwood, NC
As of the latest ACS Survey released in 2023, Riegelwood, NC has a population of 3,560, which has decreased by -6.2% over the past 5 years. Riegelwood, NC is a less popular place for families, as children make up 12.9% of the population. The area has a poorly educated workforce, with 12.5% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 10.9% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 3,560 | -6.2% |
% Under 18 | 12.9% | -45.1% |
% Seniors | 17.5% | 8.0% |
% WFH | 10.9% | 70.3% |
% w/ College Degree | 12.5% | 34.4% |
As of the latest ACS Survey released in 2023, Riegelwood, NC is a predominantly black area, with 50.4% of the population identifying as black. The black population has grown by 2.4% in the last 5 years. The second most common race or ethnicity in Riegelwood, NC is white, making up 39.6% of the population. Foreign-born residents account for 4.9% of the population in Riegelwood, NC, and this percentage has increased by 44.1% 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 | 39.6% | 6.5% |
% Black | 50.4% | 2.4% |
% Hispanic | 5.0% | -55.0% |
% Asian | 0.0% | N/A |
% Foreign Born | 4.9% | 44.1% |
Mortgage and Risk — Riegelwood, NC
According to HUD data as of 2023, there were 90 mortgage originations in Riegelwood, NC, of which 67.0% of loans were conventional mortgages. The average loan-to-value was 72.0%, with 40.0% above 90% LTV (very high). This implies large mortgage risk in Riegelwood, NC. Investor activity is low, as 1.0% of loans were by investors. 20.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 90 |
% Conventional Loans | 67.0% |
% Government Loans | 33.0% |
% Investor Loans | 1.0% |
% Second Loans | 2.0% |
% Cash Out Refinance | 20.0% |
Loan Activity
Rentals and Section 8 — Riegelwood, NC
Riegelwood, NC lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 35 |
Total Units Section 8 | 35 |
% Rentals under Section 8 | 16.7% |
% Occupied Section 8 | 86.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $910 |
| 2 Bedroom | N/A | N/A | $1,020 |
| 3 Bedroom | N/A | N/A | $1,440 |
| 4 Bedroom | N/A | N/A | $1,730 |
Affordability — Riegelwood, NC
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.5 |
| Median Home Price | $186,000 |
| Median Household Income | $48,200 |