Coastal Shores, NC—28512
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Coastal Shores, NC
As of Oct '25, the median home price in Coastal Shores, NC is $599,000, with a year-over-year change of -1.7%. This indicates that home prices in Coastal Shores, NC are decreasing. According to Zillow, the 1-year price projection is 3.7%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $599,000 | -1.7% |
| Single Family | $822,000 | 0.0% |
| Condos | $504,000 | -2.3% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $193,000 | -3.5% |
2 Bed | $474,000 | -3.1% |
3 Bed | $665,000 | -1.0% |
4 Bed | $984,000 | -0.5% |
| 5 Bed | $1,570,000 | 3.8% |
% of Housing Stock
Rental Trends — Coastal Shores, NC
As of July '25, Rentcast reports the average rent in Coastal Shores, NC is $2,120, with a year-over-year rent change of -19.1%. Per bedroom, the median rent as of July '25 in Coastal Shores, NC is 1-bedrooms: $1,740, 2-bedrooms: $1,780, 3-bedrooms: $2,600. The most common rental property sizes in Coastal Shores, NC are 2-bedroom and 3-bedroom, accounting for 55.1% and 27.7% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,850 | $2,120 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,650 | $1,740 |
| 2 Bed Rent | $1,650 | $1,780 |
| 3 Bed Rent | $2,500 | $2,600 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Coastal Shores, NC
As of Oct '25, Realtor.com reports that the median days on market for a home in Coastal Shores, NC is 105. This is a increase of 42.0% 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 26.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $572,000 | -10.0% |
Listing Count | 145 | 7.0% |
| Listings as % of Homes | 1.2% | 7.0% |
Days on Market | 105 | 42.0% |
Demographics — Coastal Shores, NC
As of the latest ACS Survey released in 2023, Coastal Shores, NC has a population of 3,450, which has increased by 6.7% over the past 5 years. Coastal Shores, NC is a less popular place for families, as children make up 9.6% of the population. The area has a highly educated workforce, with 56.2% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 21.2% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 3,450 | 6.7% |
% Under 18 | 9.6% | -10.3% |
% Seniors | 42.7% | 21.3% |
% WFH | 21.2% | 190.4% |
% w/ College Degree | 56.2% | 17.8% |
As of the latest ACS Survey released in 2023, Coastal Shores, NC is a predominantly white area, with 93.5% of the population identifying as white. The white population has shrunk by 2.3% in the last 5 years. The second most common race or ethnicity in Coastal Shores, NC is hispanic, making up 1.2% of the population. Foreign-born residents account for 1.1% of the population in Coastal Shores, NC, and this percentage has decreased by 42.1% 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 | 93.5% | -2.3% |
% Black | 0.6% | -53.8% |
% Hispanic | 1.2% | -40.0% |
% Asian | 0.2% | ∞% |
% Foreign Born | 1.1% | -42.1% |
Mortgage and Risk — Coastal Shores, NC
According to HUD data as of 2023, there were 227 mortgage originations in Coastal Shores, NC, of which 98.0% of loans were conventional mortgages. The average loan-to-value was 55.0%, with 7.0% above 90% LTV (normal). This implies small mortgage risk in Coastal Shores, NC. Investor activity is low, as 6.0% of loans were by investors. 5.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 227 |
% Conventional Loans | 98.0% |
% Government Loans | 2.0% |
% Investor Loans | 6.0% |
% Second Loans | 52.0% |
% Cash Out Refinance | 5.0% |
Loan Activity
Rentals and Section 8 — Coastal Shores, NC
Coastal Shores, 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 | -$710 | $1,650 | $940 |
| 2 Bedroom | -$420 | $1,650 | $1,230 |
| 3 Bedroom | -$900 | $2,500 | $1,600 |
| 4 Bedroom | N/A | N/A | $2,020 |
Affordability — Coastal Shores, NC
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 7.3 |
| Median Home Price | $599,000 |
| Median Household Income | $80,400 |