Chinquapin, NC—28521
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Chinquapin, NC
Chinquapin, NC lacks sufficient home price data for analysis.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $210,000 | 4.7% |
| Single Family | $210,000 | 5.5% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | $213,000 | 5.4% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Chinquapin, NC
As of July '25, Rentcast reports the average rent in Chinquapin, NC is $1,700, with a year-over-year rent change of 21.4%. Per bedroom, the median rent as of July '25 in Chinquapin, NC is 3-bedrooms: $1,700. The most common rental property sizes in Chinquapin, NC are 3-bedroom and 2-bedroom, accounting for 72.5% and 27.5% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,700 | $1,700 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | $1,700 | $1,700 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Chinquapin, NC
As of Oct '25, Realtor.com reports that the median days on market for a home in Chinquapin, NC is 42. This is a decrease of -11.0% 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 0.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $328,000 | 4.0% |
Listing Count | 9 | 64.0% |
| Listings as % of Homes | 0.4% | 64.0% |
Days on Market | 42 | -11.0% |
Demographics — Chinquapin, NC
As of the latest ACS Survey released in 2023, Chinquapin, NC has a population of 1,550, which has decreased by -46.0% over the past 5 years. Chinquapin, NC is a moderately popular place for families, as children make up 20.7% of the population. The area has a poorly educated workforce, with 9.5% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 1.2% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 1,550 | -46.0% |
% Under 18 | 20.7% | 18.3% |
% Seniors | 25.9% | 35.6% |
% WFH | 1.2% | -42.9% |
% w/ College Degree | 9.5% | 31.9% |
As of the latest ACS Survey released in 2023, Chinquapin, NC is a predominantly white area, with 75.5% of the population identifying as white. The white population has shrunk by 1.7% in the last 5 years. The second most common race or ethnicity in Chinquapin, NC is black, making up 12.5% of the population. Foreign-born residents account for 3.0% of the population in Chinquapin, NC, and this percentage has increased by 7.1% 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 | 75.5% | -1.7% |
% Black | 12.5% | -1.6% |
% Hispanic | 6.4% | -39.6% |
% Asian | 0.0% | N/A |
% Foreign Born | 3.0% | 7.1% |
Mortgage and Risk — Chinquapin, NC
According to HUD data as of 2023, there were 36 mortgage originations in Chinquapin, NC, of which 56.0% of loans were conventional mortgages. The average loan-to-value was 72.0%, with 39.0% above 90% LTV (very high). This implies large mortgage risk in Chinquapin, NC. Investor activity is low, as 3.0% of loans were by investors. 11.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 36 |
% Conventional Loans | 56.0% |
% Government Loans | 44.0% |
% Investor Loans | 3.0% |
% Second Loans | 6.0% |
% Cash Out Refinance | 11.0% |
Loan Activity
Rentals and Section 8 — Chinquapin, NC
Chinquapin, NC lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 7 |
Total Units Section 8 | 7 |
% Rentals under Section 8 | 7.8% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $930 |
| 2 Bedroom | N/A | N/A | $1,160 |
| 3 Bedroom | -$80 | $1,700 | $1,620 |
| 4 Bedroom | N/A | N/A | $1,950 |
Affordability — Chinquapin, NC
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.5 |
| Median Home Price | $210,000 |
| Median Household Income | $50,400 |