Oriental, NC—28571
Real Estate Data & Market Trends
Key Metrics at a Glance
Other Zip Codes in Oriental, NC
Home Price Trends — Oriental, NC
As of Oct '25, the median home price in Oriental, NC is $392,000, with a year-over-year change of 1.4%. This indicates that home prices in Oriental, NC are increasing. According to Zillow, the 1-year price projection is 2.4%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $392,000 | 1.4% |
| Single Family | $408,000 | 1.2% |
| Condos | $289,000 | -0.3% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $295,000 | 1.4% |
3 Bed | $428,000 | 1.2% |
4 Bed | $598,000 | 0.7% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Oriental, NC
As of July '25, Rentcast reports the average rent in Oriental, NC is $1,970, with a year-over-year rent change of -0.5%. Per bedroom, the median rent as of July '25 in Oriental, NC is 2-bedrooms: $1,200, 3-bedrooms: $1,950, 4-bedrooms: $2,500. The most common rental property sizes in Oriental, NC are 2-bedroom and 3-bedroom, accounting for 67.1% and 27.1% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,950 | $1,970 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | $1,200 | $1,200 |
| 3 Bed Rent | $1,950 | $1,950 |
| 4 Bed Rent | $2,500 | $2,500 |
% of Rental Stock
Property Listings — Oriental, NC
As of Oct '25, Realtor.com reports that the median days on market for a home in Oriental, NC is 84. This is a increase of 31.0% 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 19.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $431,000 | -13.0% |
Listing Count | 64 | 49.0% |
| Listings as % of Homes | 2.0% | 49.0% |
Days on Market | 84 | 31.0% |
Demographics — Oriental, NC
As of the latest ACS Survey released in 2023, Oriental, NC has a population of 2,680, which has decreased by -3.0% over the past 5 years. Oriental, NC is a less popular place for families, as children make up 7.4% of the population. The area has a moderately educated workforce, with 41.7% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 17.0% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 2,680 | -3.0% |
% Under 18 | 7.4% | -22.9% |
% Seniors | 46.2% | 2.7% |
% WFH | 17.0% | 3.0% |
% w/ College Degree | 41.7% | 15.5% |
As of the latest ACS Survey released in 2023, Oriental, NC is a predominantly white area, with 80.1% of the population identifying as white. The white population has shrunk by 3.1% in the last 5 years. The second most common race or ethnicity in Oriental, NC is black, making up 13.0% of the population. Foreign-born residents account for 4.8% of the population in Oriental, NC, and this percentage has increased by 23.1% 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 | 80.1% | -3.1% |
% Black | 13.0% | 11.1% |
% Hispanic | 4.2% | 82.6% |
% Asian | 1.3% | 116.7% |
% Foreign Born | 4.8% | 23.1% |
Mortgage and Risk — Oriental, NC
According to HUD data as of 2023, there were 116 mortgage originations in Oriental, NC, of which 84.0% of loans were conventional mortgages. The average loan-to-value was 59.0%, with 14.0% above 90% LTV (elevated). This implies medium mortgage risk in Oriental, 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 | 116 |
% Conventional Loans | 84.0% |
% Government Loans | 16.0% |
% Investor Loans | 1.0% |
% Second Loans | 24.0% |
% Cash Out Refinance | 9.0% |
Loan Activity
Rentals and Section 8 — Oriental, NC
Oriental, 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 | 0.6% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $1,110 |
| 2 Bedroom | $250 | $1,200 | $1,450 |
| 3 Bedroom | -$200 | $1,950 | $1,750 |
| 4 Bedroom | -$580 | $2,500 | $1,920 |
Affordability — Oriental, NC
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 5.2 |
| Median Home Price | $392,000 |
| Median Household Income | $68,000 |