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Riegelwood, NC—28456

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$203,000
0.8% YoY Growth
Household Income
$48,200
39.8% YoY Growth
Days on Market
94
14.0% Longer YoY
Home Price Forecast
N/A
Median 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
  • Home Price Trends
  • Rental Trends
  • Property Listings
  • Demographics
  • Mortgage and Risk

Home Price Trends — Riegelwood, NC

Riegelwood, NC lacks sufficient home price data for analysis.

Cost per Home Type

Home TypeMedian Home ValueYoY % Change
All Homes
$203,0000.8%
Single Family $203,0002.0%
Condos N/AN/A

Cost per Home Size

Home SizeMedian Home ValueYoY % Change
1 Bed
N/AN/A
  • Affordability
  • Rentals and Section 8
  • 2 Bed
    N/A
    N/A
    3 Bed
    N/AN/A
    4 Bed
    N/AN/A
    5 Bed N/AN/A
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    % of Housing Stock

    1 Bedroom
    3.1%
    2 Bedrooms
    9.7%
    3 Bedrooms
    66.7%
    4 Bedrooms
    18.9%
    5+ Bedrooms
    1.5%

    Rental Trends — Riegelwood, NC

    Riegelwood, NC lacks sufficient rental market data for analysis.

    TypeMedian RentAverage Rent
    Average RentN/AN/A
    Studio Rent N/AN/A
    1 Bed Rent N/AN/A
    2 Bed Rent N/AN/A
    3 Bed Rent N/AN/A
    4 Bed Rent N/AN/A
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    % of Rental Stock

    1 Bedroom
    3.3%
    2 Bedrooms
    37.9%
    3 Bedrooms
    54.2%
    4 Bedrooms
    4.6%

    Property Listings — Riegelwood, NC

    As of May '26, Realtor.com reports that the median days on market for a home in Riegelwood, NC is 94. This is a increase of 14.0% 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.

    MetricZip Code AverageYear over Year % Change
    Median Listing Price
    $285,00016.0%
    Listing Count
    2-36.0%
    Listings as % of Homes0.2%-36.0%
    Days on Market
    9414.0%
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    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.

    MetricLatest CensusYoY % 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%
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    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

    MetricLatest Census5-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%
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    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

    MetricZip 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%
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    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 SizeHUD PremiumMarket RentMax HUD Rent
    1 BedroomN/AN/A$910
    2 BedroomN/AN/A$1,020
    3 BedroomN/AN/A$1,440
    4 BedroomN/AN/A$1,730

    Affordability — Riegelwood, NC

    Home Price to Income Ratio

    MetricZip Code Average
    Home Price to Income Ratio3.6
    Median Home Price$203,000
    Median Household Income$48,200

    Riegelwood, NC — ZIP Code Boundary Map

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    Nearby ZIP Codes

    Delco, NC

    28436

    Kelly, NC

    28448

    Currie, NC

    28435

    Atkinson, NC

    28421

    Harrells, NC

    28447

    Frequently Asked Questions