Seven Springs, NC—28578
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Seven Springs, NC
As of Oct '25, the median home price in Seven Springs, NC is $123,000, with a year-over-year change of -12.7%. This indicates that home prices in Seven Springs, NC are decreasing. According to Zillow, the 1-year price projection is -0.7%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $123,000 | -12.7% |
| Single Family | $122,000 | -10.3% |
| 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 | $208,000 | 3.0% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Seven Springs, NC
Seven Springs, NC lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $250 | $250 |
| Studio Rent | $250 | $250 |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Seven Springs, NC
As of Oct '25, Realtor.com reports that the median days on market for a home in Seven Springs, NC is 107. This is a increase of 116.0% 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.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $272,000 | 10.0% |
Listing Count | 4 | 0.0% |
| Listings as % of Homes | 0.2% | 0.0% |
Days on Market | 107 | 116.0% |
Demographics — Seven Springs, NC
As of the latest ACS Survey released in 2023, Seven Springs, NC has a population of 4,580, which has decreased by -33.1% over the past 5 years. Seven Springs, NC is a popular place for families, as children make up 34.5% of the population. The area has a poorly educated workforce, with 10.6% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 2.3% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 4,580 | -33.1% |
% Under 18 | 34.5% | 29.7% |
% Seniors | 10.1% | -5.6% |
% WFH | 2.3% | -67.1% |
% w/ College Degree | 10.6% | -15.9% |
As of the latest ACS Survey released in 2023, Seven Springs, NC is a predominantly hispanic area, with 51.4% of the population identifying as hispanic. The hispanic population has grown by 19.8% in the last 5 years. The second most common race or ethnicity in Seven Springs, NC is white, making up 38.0% of the population. Foreign-born residents account for 25.2% of the population in Seven Springs, NC, and this percentage has increased by 20.0% 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 | 38.0% | -25.2% |
% Black | 5.4% | -20.6% |
% Hispanic | 51.4% | 19.8% |
% Asian | 0.2% | ∞% |
% Foreign Born | 25.2% | 20.0% |
Mortgage and Risk — Seven Springs, NC
According to HUD data as of 2023, there were 23 mortgage originations in Seven Springs, NC, of which 52.0% of loans were conventional mortgages. The average loan-to-value was 84.0%, with 65.0% above 90% LTV (very high). This implies large mortgage risk in Seven Springs, NC. Investor activity is low, as 0.0% 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 | 23 |
% Conventional Loans | 52.0% |
% Government Loans | 48.0% |
% Investor Loans | 0.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 9.0% |
Loan Activity
Rentals and Section 8 — Seven Springs, NC
Seven Springs, NC lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 1 |
Total Units Section 8 | 1 |
% Rentals under Section 8 | 0.2% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $780 |
| 2 Bedroom | N/A | N/A | $1,020 |
| 3 Bedroom | N/A | N/A | $1,280 |
| 4 Bedroom | N/A | N/A | $1,650 |
Affordability — Seven Springs, NC
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.6 |
| Median Home Price | $123,000 |
| Median Household Income | $56,000 |