Kinston, NC 28504 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Kinston, NC—28504

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$184,000

2.0% YoY Growth

Household Income

$50,600

5.8% YoY Growth

Days on Market

3.0% Shorter YoY

Home Price Forecast

4.1%

Median Rent

$950

9.8% YoY Growth

1-Bed Rent

N/A

2-Bed Rent

$800

10.2% YoY Growth

3-Bed Rent

$1,200

0.0% YoY Growth

Other Zip Codes in Kinston, NC

28501

Home Price Trends — Kinston, NC

As of Dec '25, the median home price in Kinston, NC is $184,000, with a year-over-year change of 2.0%. This indicates that home prices in Kinston, NC are increasing. According to Zillow, the 1-year price projection is 4.1%, suggesting an increase housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$184,000	2.0%
Single Family	$184,000	2.2%
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — Kinston, NC

As of July '25, Rentcast reports the average rent in Kinston, NC is $1,010, with a year-over-year rent change of -9.8%. Per bedroom, the median rent as of July '25 in Kinston, NC is 2-bedrooms: $838, 3-bedrooms: $1,350. The most common rental property sizes in Kinston, NC are 2-bedroom and 3-bedroom, accounting for 47.8% and 32.2% of the rental stock.

Type	Median Rent	Average Rent
Average Rent	$950	$1,010
Studio Rent	N/A	N/A
1 Bed Rent	N/A	N/A
2 Bed Rent	$800	$838
3 Bed Rent	$1,200	$1,350
4 Bed Rent	N/A	N/A

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% of Rental Stock

Studio

8.9%

1 Bedroom

5.9%

2 Bedrooms

47.8%

3 Bedrooms

32.2%

4 Bedrooms

4.3%

5+ Bedrooms

0.8%

Property Listings — Kinston, NC

As of Dec '25, Realtor.com reports that the median days on market for a home in Kinston, NC is 68. This is a decrease of -14.0% 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 19.0%, representing a small inventory and little supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$250,000	4.0%
Listing Count	62	-18.0%
Listings as % of Homes	0.7%	-18.0%
Days on Market	64	-3.0%

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Demographics — Kinston, NC

As of the latest ACS Survey released in 2023, Kinston, NC has a population of 20,300, which has decreased by -7.0% over the past 5 years. Kinston, NC is a moderately popular place for families, as children make up 19.6% of the population. The area has a poorly educated workforce, with 17.6% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 2.3% reporting working from home.

Metric	Latest Census	YoY % Change
Population	20,300	-7.0%
% Under 18	19.6%	-12.1%
% Seniors	22.8%	14.6%
% WFH	2.3%	-14.8%
% w/ College Degree	17.6%	-1.7%

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As of the latest ACS Survey released in 2023, Kinston, NC is a predominantly white area, with 58.9% of the population identifying as white. The white population has grown by 2.6% in the last 5 years. The second most common race or ethnicity in Kinston, NC is black, making up 32.8% of the population. Foreign-born residents account for 4.8% of the population in Kinston, NC, and this percentage has increased by 14.3% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

Race and Ethnicity

Metric	Latest Census	5-Year % Change
% White	58.9%	2.6%
% Black	32.8%	6.1%
% Hispanic	5.3%	-8.6%
% Asian	0.8%	-27.3%
% Foreign Born	4.8%	14.3%

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Mortgage and Risk — Kinston, NC

According to HUD data as of 2023, there were 264 mortgage originations in Kinston, NC, of which 64.0% of loans were conventional mortgages. The average loan-to-value was 71.0%, with 39.0% above 90% LTV (very high). This implies large mortgage risk in Kinston, NC. Investor activity is low, as 1.0% 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	264
% Conventional Loans	64.0%
% Government Loans	36.0%
% Investor Loans	1.0%
% Second Loans	2.0%
% Cash Out Refinance	9.0%

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Rentals and Section 8 — Kinston, NC

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

Section 8 Market Size

Total Units under HUD	179
Total Units Section 8	179
% Rentals under Section 8	5.4%
% Occupied Section 8	86.0%

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	N/A	N/A	$760
2 Bedroom	$150	$800	$950
3 Bedroom	$130	$1,200	$1,330
4 Bedroom	N/A	N/A	$1,530

Kinston, NC—28504

Key Metrics at a Glance

Other Zip Codes in Kinston, NC

Home Price Trends — Kinston, NC

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Kinston, NC

% of Rental Stock

Property Listings — Kinston, NC

Demographics — Kinston, NC

Race and Ethnicity

Mortgage and Risk — Kinston, NC

Mortgages

Rentals and Section 8 — Kinston, NC

Section 8 Market Size

Section 8 Opportunity

Affordability — Kinston, NC

Home Price to Income Ratio

Kinston, NC — ZIP Code Boundary Map

Nearby ZIP Codes

Kinston, NC

Deep Run, NC

La Grange, NC

Hookerton, NC

Pink Hill, NC

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	3.2
Median Home Price	$184,000
Median Household Income	$50,600

Kinston, NC—28504

Key Metrics at a Glance

Other Zip Codes in Kinston, NC

Home Price Trends — Kinston, NC

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Kinston, NC

% of Rental Stock

Property Listings — Kinston, NC

Demographics — Kinston, NC

Race and Ethnicity

Mortgage and Risk — Kinston, NC

Mortgages

Rentals and Section 8 — Kinston, NC

Section 8 Market Size

Section 8 Opportunity

Affordability — Kinston, NC

Home Price to Income Ratio

Kinston, NC — ZIP Code Boundary Map

Nearby ZIP Codes

Kinston, NC

Deep Run, NC

La Grange, NC

Hookerton, NC

Pink Hill, NC

Frequently Asked Questions

What is the average home price in Kinston, NC 28504?

How have home prices in Kinston, NC 28504 changed over the past year?

What is the home price projection for Kinston, NC 28504?

What are the demographics of Kinston, NC 28504?

How long does it take homes to sell in Kinston, NC 28504?

What is the average rent price in Kinston, NC 28504?