Shallotte, NC 28470 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Shallotte, NC—28470

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$313,000

0.5% YoY Growth

Household Income

$68,000

71.7% YoY Growth

Days on Market

106

25.0% Shorter YoY

Home Price Forecast

1.3%

Median Rent

$1,630

9.1% YoY Growth

1-Bed Rent

$1,320

N/A

2-Bed Rent

$1,450

2.8% YoY Growth

3-Bed Rent

$1,950

4.5% YoY Growth

Home Price Trends — Shallotte, NC

As of Dec '25, the median home price in Shallotte, NC is $313,000, with a year-over-year change of -0.5%. This indicates that home prices in Shallotte, NC are flat. According to Zillow, the 1-year price projection is 1.3%, suggesting an increase housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$313,000	-0.5%
Single Family	$315,000	-0.3%
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — Shallotte, NC

As of July '25, Rentcast reports the average rent in Shallotte, NC is $1,690, with a year-over-year rent change of -9.1%. Per bedroom, the median rent as of July '25 in Shallotte, NC is studios: $1,470, 1-bedrooms: $1,310, 2-bedrooms: $1,450, 3-bedrooms: $1,930. The most common rental property sizes in Shallotte, NC are 2-bedroom and 3-bedroom, accounting for 47.6% and 30.7% of the rental stock.

Type	Median Rent	Average Rent
Average Rent	$1,630	$1,690
Studio Rent	$1,470	$1,470
1 Bed Rent	$1,320	$1,310
2 Bed Rent	$1,450	$1,450
3 Bed Rent	$1,950	$1,930
4 Bed Rent	N/A	N/A

Loading chart...

% of Rental Stock

Studio

8.7%

1 Bedroom

8.4%

2 Bedrooms

47.6%

3 Bedrooms

30.7%

4 Bedrooms

4.5%

Property Listings — Shallotte, NC

As of Dec '25, Realtor.com reports that the median days on market for a home in Shallotte, NC is 93. This is a decrease of -32.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 32.0%, representing a large inventory and a lot of supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$371,000	11.0%
Listing Count	190	69.0%
Listings as % of Homes	0.8%	69.0%
Days on Market	106	-25.0%

Loading chart...

Demographics — Shallotte, NC

As of the latest ACS Survey released in 2023, Shallotte, NC has a population of 11,000, which has decreased by -9.3% over the past 5 years. Shallotte, NC is a moderately popular place for families, as children make up 19.5% of the population. The area has a poorly educated workforce, with 22.4% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 8.0% reporting working from home.

Metric	Latest Census	YoY % Change
Population	11,000	-9.3%
% Under 18	19.5%	4.3%
% Seniors	26.3%	9.1%
% WFH	8.0%	233.3%
% w/ College Degree	22.4%	47.4%

Loading chart...

As of the latest ACS Survey released in 2023, Shallotte, NC is a predominantly white area, with 73.5% of the population identifying as white. The white population has shrunk by 1.6% in the last 5 years. The second most common race or ethnicity in Shallotte, NC is black, making up 13.9% of the population. Foreign-born residents account for 2.5% of the population in Shallotte, NC, and this percentage has decreased by 46.8% 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	73.5%	-1.6%
% Black	13.9%	-9.2%
% Hispanic	8.5%	14.9%
% Asian	0.1%	-83.3%
% Foreign Born	2.5%	-46.8%

Loading chart...

Mortgage and Risk — Shallotte, NC

According to HUD data as of 2023, there were 275 mortgage originations in Shallotte, NC, of which 71.0% of loans were conventional mortgages. The average loan-to-value was 68.0%, with 35.0% above 90% LTV (very high). This implies large mortgage risk in Shallotte, NC. Investor activity is low, as 1.0% of loans were by investors. 10.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	275
% Conventional Loans	71.0%
% Government Loans	29.0%
% Investor Loans	1.0%
% Second Loans	5.0%
% Cash Out Refinance	10.0%

Loading chart...

Rentals and Section 8 — Shallotte, NC

Shallotte, NC lacks sufficient Section 8 program data for analysis.

Section 8 Market Size

Total Units under HUD	199
Total Units Section 8	199
% Rentals under Section 8	17.8%
% Occupied Section 8	66.0%

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	-$290	$1,320	$1,030
2 Bedroom	-$310	$1,450	$1,140
3 Bedroom	-$350	$1,950	$1,600
4 Bedroom	N/A	N/A	$1,910

Shallotte, NC—28470

Key Metrics at a Glance

Home Price Trends — Shallotte, NC

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Shallotte, NC

% of Rental Stock

Property Listings — Shallotte, NC

Demographics — Shallotte, NC

Race and Ethnicity

Mortgage and Risk — Shallotte, NC

Mortgages

Rentals and Section 8 — Shallotte, NC

Section 8 Market Size

Section 8 Opportunity

Affordability — Shallotte, NC

Home Price to Income Ratio

Shallotte, NC — ZIP Code Boundary Map

Nearby ZIP Codes

Ocean Isle Beach, NC

Supply, NC

Ash, NC

Sunset Beach, NC

Longwood, NC

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	4.5
Median Home Price	$313,000
Median Household Income	$68,000

Shallotte, NC—28470

Key Metrics at a Glance

Home Price Trends — Shallotte, NC

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Shallotte, NC

% of Rental Stock

Property Listings — Shallotte, NC

Demographics — Shallotte, NC

Race and Ethnicity

Mortgage and Risk — Shallotte, NC

Mortgages

Rentals and Section 8 — Shallotte, NC

Section 8 Market Size

Section 8 Opportunity

Affordability — Shallotte, NC

Home Price to Income Ratio

Shallotte, NC — ZIP Code Boundary Map

Nearby ZIP Codes

Ocean Isle Beach, NC

Supply, NC

Ash, NC

Sunset Beach, NC

Longwood, NC

Frequently Asked Questions

What is the average home price in Shallotte, NC 28470?

How have home prices in Shallotte, NC 28470 changed over the past year?

What is the home price projection for Shallotte, NC 28470?

What are the demographics of Shallotte, NC 28470?

How long does it take homes to sell in Shallotte, NC 28470?

What is the average rent price in Shallotte, NC 28470?