Minnesott Beach, NC—28510
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Minnesott Beach, NC
As of Oct '25, the median home price in Minnesott Beach, NC is $333,000, with a year-over-year change of 4.3%. This indicates that home prices in Minnesott Beach, NC are increasing. According to Zillow, the 1-year price projection is 2.8%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $333,000 | 4.3% |
| Single Family | $335,000 | 4.7% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $265,000 | 6.4% |
3 Bed | $361,000 | 4.6% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Minnesott Beach, NC
As of July '25, Rentcast reports the average rent in Minnesott Beach, NC is $2,400, with a year-over-year rent change of 100.0%. Per bedroom, the median rent as of July '25 in Minnesott Beach, NC is 3-bedrooms: $2,400. The most common rental property sizes in Minnesott Beach, NC are 3-bedroom and 2-bedroom, accounting for 82.3% and 16.3% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,300 | $2,400 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | $2,300 | $2,400 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Minnesott Beach, NC
As of Oct '25, Realtor.com reports that the median days on market for a home in Minnesott Beach, NC is 48. This is a decrease of -24.0% 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 17.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $490,000 | 16.0% |
Listing Count | 24 | -31.0% |
| Listings as % of Homes | 0.9% | -31.0% |
Days on Market | 48 | -24.0% |
Demographics — Minnesott Beach, NC
As of the latest ACS Survey released in 2023, Minnesott Beach, NC has a population of 1,450, which has decreased by -3.4% over the past 5 years. Minnesott Beach, NC is a less popular place for families, as children make up 11.6% of the population. The area has a moderately educated workforce, with 29.7% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 10.7% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 1,450 | -3.4% |
% Under 18 | 11.6% | -4.1% |
% Seniors | 32.2% | -10.8% |
% WFH | 10.7% | -14.4% |
% w/ College Degree | 29.7% | -1.0% |
As of the latest ACS Survey released in 2023, Minnesott Beach, NC is a predominantly white area, with 75.8% of the population identifying as white. The white population has shrunk by 12.5% in the last 5 years. The second most common race or ethnicity in Minnesott Beach, NC is black, making up 13.8% of the population. Foreign-born residents account for 4.2% of the population in Minnesott Beach, NC, and this percentage has increased by 100.0% 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 | 75.8% | -12.5% |
% Black | 13.8% | 79.2% |
% Hispanic | 5.2% | 40.5% |
% Asian | 0.0% | -100.0% |
% Foreign Born | 4.2% | 100.0% |
Mortgage and Risk — Minnesott Beach, NC
According to HUD data as of 2023, there were 41 mortgage originations in Minnesott Beach, NC, of which 83.0% of loans were conventional mortgages. The average loan-to-value was 75.0%, with 15.0% above 90% LTV (elevated). This implies medium mortgage risk in Minnesott Beach, NC. Investor activity is low, as 0.0% 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 | 41 |
% Conventional Loans | 83.0% |
% Government Loans | 17.0% |
% Investor Loans | 0.0% |
% Second Loans | 15.0% |
% Cash Out Refinance | 7.0% |
Loan Activity
Rentals and Section 8 — Minnesott Beach, NC
Minnesott Beach, NC lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | N/A |
Total Units Section 8 | N/A |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $1,010 |
| 2 Bedroom | N/A | N/A | $1,320 |
| 3 Bedroom | -$660 | $2,300 | $1,640 |
| 4 Bedroom | N/A | N/A | $1,880 |
Affordability — Minnesott Beach, NC
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.5 |
| Median Home Price | $333,000 |
| Median Household Income | $62,900 |