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Chinquapin, NC—28521

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$224,000
3.3% YoY Growth
Household Income
$50,400
11.3% YoY Growth
Days on Market
85
32.0% Longer YoY
Home Price Forecast
N/A
Median Rent
$1,700
21.4% YoY Growth
1-Bed Rent
N/A
N/A
2-Bed Rent
N/A
N/A
3-Bed Rent
$1,700
21.4% YoY Growth
  • Home Price Trends
  • Rental Trends
  • Property Listings
  • Demographics
  • Mortgage and Risk

Home Price Trends — Chinquapin, NC

Chinquapin, NC lacks sufficient home price data for analysis.

Cost per Home Type

Home TypeMedian Home ValueYoY % Change
All Homes
$224,0003.3%
Single Family $224,0003.2%
Condos N/AN/A

Cost per Home Size

Home SizeMedian Home ValueYoY % Change
1 Bed
N/AN/A
  • Affordability
  • Rentals and Section 8
    • 2 Bed
    N/A
    N/A
    3 Bed
    		$225,0003.7%
    4 Bed
    		N/AN/A
    5 Bed N/AN/A
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    % of Housing Stock

    2 Bedrooms
    19.0%
    3 Bedrooms
    66.6%
    4 Bedrooms
    13.8%
    5+ Bedrooms
    0.6%

    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.

    TypeMedian RentAverage Rent
    Average Rent$1,700$1,700
    Studio Rent N/AN/A
    1 Bed Rent N/AN/A
    2 Bed Rent N/AN/A
    3 Bed Rent $1,700$1,700
    4 Bed Rent N/AN/A
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    % of Rental Stock

    2 Bedrooms
    27.5%
    3 Bedrooms
    72.5%

    Property Listings — Chinquapin, NC

    As of May '26, Realtor.com reports that the median days on market for a home in Chinquapin, NC is 85. This is a increase of 32.0% 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 0.0%, representing a small inventory and little supply pressure on home prices.

    MetricZip Code AverageYear over Year % Change
    Median Listing Price
    		$325,00023.0%
    Listing Count
    		5-6.0%
    Listings as % of Homes0.4%-6.0%
    Days on Market
    		8532.0%
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    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.

    MetricLatest CensusYoY % 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%
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    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

    MetricLatest Census5-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%
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    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

    MetricZip 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%
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    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 SizeHUD PremiumMarket RentMax HUD Rent
    1 BedroomN/AN/A$930
    2 BedroomN/AN/A$1,160
    3 Bedroom-$80$1,700$1,620
    4 BedroomN/AN/A$1,950

    Affordability — Chinquapin, NC

    Home Price to Income Ratio

    MetricZip Code Average
    Home Price to Income Ratio3.7
    Median Home Price$224,000
    Median Household Income$50,400

    Chinquapin, NC — ZIP Code Boundary Map

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    Nearby ZIP Codes

    Beulaville, NC

    28518

    Richlands, NC

    28574

    Maple Hill, NC

    28454

    Wallace, NC

    28466

    Pink Hill, NC

    28572

    Frequently Asked Questions