Southport, NC—28461
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Southport, NC
As of Oct '25, the median home price in Southport, NC is $516,000, with a year-over-year change of -0.4%. This indicates that home prices in Southport, NC are flat. According to Zillow, the 1-year price projection is 1.2%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $516,000 | -0.4% |
| Single Family | $539,000 | -0.7% |
| Condos | $331,000 | -4.1% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $272,000 | -3.5% |
2 Bed | $325,000 | -3.8% |
3 Bed | $465,000 | -0.9% |
4 Bed | $847,000 | 0.8% |
| 5 Bed | $1,582,000 | 3.5% |
% of Housing Stock
Rental Trends — Southport, NC
As of July '25, Rentcast reports the average rent in Southport, NC is $2,040, with a year-over-year rent change of -6.4%. Per bedroom, the median rent as of July '25 in Southport, NC is studios: $1,100, 1-bedrooms: $1,340, 2-bedrooms: $2,020, 3-bedrooms: $2,120, 4-bedrooms: $3,100. The most common rental property sizes in Southport, NC are 3-bedroom and 2-bedroom, accounting for 46.2% and 39.5% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,000 | $2,040 |
| Studio Rent | $1,100 | $1,100 |
| 1 Bed Rent | $1,250 | $1,340 |
| 2 Bed Rent | $2,000 | $2,020 |
| 3 Bed Rent | $2,000 | $2,120 |
| 4 Bed Rent | $3,000 | $3,100 |
% of Rental Stock
Property Listings — Southport, NC
As of Oct '25, Realtor.com reports that the median days on market for a home in Southport, NC is 71. This is a increase of 2.0% 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 21.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $553,000 | 6.0% |
Listing Count | 489 | 35.0% |
| Listings as % of Homes | 2.1% | 35.0% |
Days on Market | 71 | 2.0% |
Demographics — Southport, NC
As of the latest ACS Survey released in 2023, Southport, NC has a population of 23,200, which has increased by 16.5% over the past 5 years. Southport, NC is a less popular place for families, as children make up 10.2% of the population. The area has a moderately educated workforce, with 39.4% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 19.1% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 23,200 | 16.5% |
% Under 18 | 10.2% | -34.6% |
% Seniors | 41.7% | 18.5% |
% WFH | 19.1% | 78.5% |
% w/ College Degree | 39.4% | -1.0% |
As of the latest ACS Survey released in 2023, Southport, NC is a predominantly white area, with 88.7% of the population identifying as white. The white population has shrunk by 0.1% in the last 5 years. The second most common race or ethnicity in Southport, NC is black, making up 3.9% of the population. Foreign-born residents account for 3.3% of the population in Southport, NC, and this percentage has decreased by 2.9% 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 | 88.7% | -0.1% |
% Black | 3.9% | 69.6% |
% Hispanic | 3.3% | -45.9% |
% Asian | 0.7% | 250.0% |
% Foreign Born | 3.3% | -2.9% |
Mortgage and Risk — Southport, NC
According to HUD data as of 2023, there were 1064 mortgage originations in Southport, NC, of which 84.0% of loans were conventional mortgages. The average loan-to-value was 57.0%, with 15.0% above 90% LTV (elevated). This implies medium mortgage risk in Southport, NC. Investor activity is low, as 2.0% 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 | 1,064 |
% Conventional Loans | 84.0% |
% Government Loans | 16.0% |
% Investor Loans | 2.0% |
% Second Loans | 14.0% |
% Cash Out Refinance | 9.0% |
Loan Activity
Rentals and Section 8 — Southport, NC
As of 2024, the percent of homes in Southport, NC under the Section 8 program is 4.0%. 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 3-bedroom units appear to be good home sizes to consider for Section 8 housing in Southport, NC, because HUD payments exceed market rent, while 2-bedroom and 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 73 |
Total Units Section 8 | 73 |
% Rentals under Section 8 | 4.0% |
% Occupied Section 8 | 78.3% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $60 | $1,250 | $1,310 |
| 2 Bedroom | -$550 | $2,000 | $1,450 |
| 3 Bedroom | $30 | $2,000 | $2,030 |
| 4 Bedroom | -$570 | $3,000 | $2,430 |
Affordability — Southport, NC
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 6.2 |
| Median Home Price | $516,000 |
| Median Household Income | $79,700 |