Carolina Shores, NC—28467
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Carolina Shores, NC
As of Oct '25, the median home price in Carolina Shores, NC is $340,000, with a year-over-year change of -1.8%. This indicates that home prices in Carolina Shores, NC are decreasing. 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 | $340,000 | -1.8% |
| Single Family | $354,000 | -1.7% |
| Condos | $240,000 | -2.8% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $240,000 | -3.6% |
3 Bed | $340,000 | -1.4% |
4 Bed | $418,000 | -0.5% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Carolina Shores, NC
As of July '25, Rentcast reports the average rent in Carolina Shores, NC is $1,860, with a year-over-year rent change of -7.9%. Per bedroom, the median rent as of July '25 in Carolina Shores, NC is 1-bedrooms: $1,650, 2-bedrooms: $1,560, 3-bedrooms: $1,990, 4-bedrooms: $2,800. The most common rental property sizes in Carolina Shores, NC are 3-bedroom and 2-bedroom, accounting for 64.9% and 21.6% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,900 | $1,860 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,650 | $1,650 |
| 2 Bed Rent | $1,600 | $1,560 |
| 3 Bed Rent | $1,980 | $1,990 |
| 4 Bed Rent | $2,800 | $2,800 |
% of Rental Stock
Property Listings — Carolina Shores, NC
As of Oct '25, Realtor.com reports that the median days on market for a home in Carolina Shores, NC is 88. This is a increase of 22.0% 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 23.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $359,000 | 2.0% |
Listing Count | 530 | 27.0% |
| Listings as % of Homes | 3.0% | 27.0% |
Days on Market | 88 | 22.0% |
Demographics — Carolina Shores, NC
As of the latest ACS Survey released in 2023, Carolina Shores, NC has a population of 12,900, which has increased by 22.5% over the past 5 years. Carolina Shores, NC is a less popular place for families, as children make up 6.5% of the population. The area has a moderately educated workforce, with 31.2% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 13.8% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 12,900 | 22.5% |
% Under 18 | 6.5% | -33.7% |
% Seniors | 50.3% | 9.1% |
% WFH | 13.8% | 27.8% |
% w/ College Degree | 31.2% | 23.8% |
As of the latest ACS Survey released in 2023, Carolina Shores, NC is a predominantly white area, with 90.2% of the population identifying as white. The white population has grown by 3.8% in the last 5 years. The second most common race or ethnicity in Carolina Shores, NC is black, making up 2.7% of the population. Foreign-born residents account for 3.1% of the population in Carolina Shores, NC, and this percentage has decreased by 29.5% 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 | 90.2% | 3.8% |
% Black | 2.7% | -64.5% |
% Hispanic | 2.2% | 0.0% |
% Asian | 0.7% | 250.0% |
% Foreign Born | 3.1% | -29.5% |
Mortgage and Risk — Carolina Shores, NC
According to HUD data as of 2023, there were 750 mortgage originations in Carolina Shores, NC, of which 83.0% of loans were conventional mortgages. The average loan-to-value was 60.0%, with 17.0% above 90% LTV (elevated). This implies medium mortgage risk in Carolina Shores, NC. Investor activity is low, as 2.0% of loans were by investors. 6.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 750 |
% Conventional Loans | 83.0% |
% Government Loans | 17.0% |
% Investor Loans | 2.0% |
% Second Loans | 15.0% |
% Cash Out Refinance | 6.0% |
Loan Activity
Rentals and Section 8 — Carolina Shores, NC
As of 2024, the percent of homes in Carolina Shores, NC under the Section 8 program is 1.7%. 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. 3-bedroom units appear to be good home sizes to consider for Section 8 housing in Carolina Shores, NC, because HUD payments exceed market rent, while 1-bedroom and 2-bedroom and 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 11 |
Total Units Section 8 | 11 |
% Rentals under Section 8 | 1.7% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$370 | $1,650 | $1,280 |
| 2 Bedroom | -$180 | $1,600 | $1,420 |
| 3 Bedroom | $10 | $1,980 | $1,990 |
| 4 Bedroom | -$420 | $2,800 | $2,380 |
Affordability — Carolina Shores, NC
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.7 |
| Median Home Price | $340,000 |
| Median Household Income | $72,800 |