Supply, NC—28462
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Supply, NC
As of Oct '25, the median home price in Supply, NC is $476,000, with a year-over-year change of -1.1%. This indicates that home prices in Supply, NC are decreasing. According to Zillow, the 1-year price projection is 1.6%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $476,000 | -1.1% |
| Single Family | $484,000 | -1.0% |
| Condos | $427,000 | -3.6% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $263,000 | -5.7% |
3 Bed | $402,000 | -2.2% |
4 Bed | $799,000 | 2.7% |
| 5 Bed | $1,448,000 | 5.1% |
% of Housing Stock
Rental Trends — Supply, NC
As of July '25, Rentcast reports the average rent in Supply, NC is $2,060, with a year-over-year rent change of 11.4%. Per bedroom, the median rent as of July '25 in Supply, NC is 2-bedrooms: $2,110, 3-bedrooms: $2,000, 4-bedrooms: $1,920. The most common rental property sizes in Supply, NC are 3-bedroom and 2-bedroom, accounting for 54.3% and 40.9% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,900 | $2,060 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | $1,500 | $2,110 |
| 3 Bed Rent | $1,900 | $2,000 |
| 4 Bed Rent | $1,900 | $1,920 |
% of Rental Stock
Property Listings — Supply, NC
As of Oct '25, Realtor.com reports that the median days on market for a home in Supply, NC is 78. This is a increase of 3.0% 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 22.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $520,000 | 7.0% |
Listing Count | 212 | 11.0% |
| Listings as % of Homes | 0.9% | 11.0% |
Days on Market | 78 | 3.0% |
Demographics — Supply, NC
As of the latest ACS Survey released in 2023, Supply, NC has a population of 12,300, which has decreased by -2.6% over the past 5 years. Supply, NC is a moderately popular place for families, as children make up 15.6% of the population. The area has a poorly educated workforce, with 24.6% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 6.8% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 12,300 | -2.6% |
% Under 18 | 15.6% | 10.6% |
% Seniors | 31.7% | 14.0% |
% WFH | 6.8% | 183.3% |
% w/ College Degree | 24.6% | 20.0% |
As of the latest ACS Survey released in 2023, Supply, NC is a predominantly white area, with 87.3% of the population identifying as white. The white population has shrunk by 0.5% in the last 5 years. The second most common race or ethnicity in Supply, NC is black, making up 6.8% of the population. Foreign-born residents account for 1.1% of the population in Supply, NC, and this percentage has decreased by 21.4% 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 | 87.3% | -0.5% |
% Black | 6.8% | -26.1% |
% Hispanic | 1.8% | 125.0% |
% Asian | 0.1% | -80.0% |
% Foreign Born | 1.1% | -21.4% |
Mortgage and Risk — Supply, NC
According to HUD data as of 2023, there were 404 mortgage originations in Supply, NC, of which 78.0% of loans were conventional mortgages. The average loan-to-value was 66.0%, with 25.0% above 90% LTV (very high). This implies large mortgage risk in Supply, NC. Investor activity is low, as 2.0% of loans were by investors. 7.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 404 |
% Conventional Loans | 78.0% |
% Government Loans | 22.0% |
% Investor Loans | 2.0% |
% Second Loans | 22.0% |
% Cash Out Refinance | 7.0% |
Loan Activity
Rentals and Section 8 — Supply, NC
Supply, NC lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 23 |
Total Units Section 8 | 23 |
% Rentals under Section 8 | 4.1% |
% Occupied Section 8 | 66.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $910 |
| 2 Bedroom | -$480 | $1,500 | $1,020 |
| 3 Bedroom | -$460 | $1,900 | $1,440 |
| 4 Bedroom | -$170 | $1,900 | $1,730 |
Affordability — Supply, NC
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 7.7 |
| Median Home Price | $476,000 |
| Median Household Income | $58,500 |