Peletier, NC 28584 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Peletier, NC—28584

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$396,000

2.2% YoY Growth

Household Income

$81,600

38.0% YoY Growth

Days on Market

26.0% Longer YoY

Home Price Forecast

3.3%

Median Rent

$1,780

8.8% YoY Growth

1-Bed Rent

$950

1.8% YoY Growth

2-Bed Rent

$1,400

1.3% YoY Growth

3-Bed Rent

$2,100

0.0% YoY Growth

Home Price Trends — Peletier, NC

As of Dec '25, the median home price in Peletier, NC is $396,000, with a year-over-year change of 2.2%. This indicates that home prices in Peletier, NC are increasing. According to Zillow, the 1-year price projection is 3.3%, suggesting an increase housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$396,000	2.2%
Single Family	$406,000	2.3%
Condos	$301,000	0.0%

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — Peletier, NC

As of July '25, Rentcast reports the average rent in Peletier, NC is $1,860, with a year-over-year rent change of -8.8%. Per bedroom, the median rent as of July '25 in Peletier, NC is 1-bedrooms: $950, 2-bedrooms: $1,520, 3-bedrooms: $2,130, 4-bedrooms: $2,580. The most common rental property sizes in Peletier, NC are 3-bedroom and 2-bedroom, accounting for 41.9% and 35.9% of the rental stock.

Type	Median Rent	Average Rent
Average Rent	$1,780	$1,860
Studio Rent	N/A	N/A
1 Bed Rent	$950	$950
2 Bed Rent	$1,400	$1,520
3 Bed Rent	$2,100	$2,130
4 Bed Rent	$2,600	$2,580

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% of Rental Stock

Studio

0.9%

1 Bedroom

4.1%

2 Bedrooms

35.9%

3 Bedrooms

41.9%

4 Bedrooms

14.8%

5+ Bedrooms

2.3%

Property Listings — Peletier, NC

As of Dec '25, Realtor.com reports that the median days on market for a home in Peletier, NC is 92. This is a increase of 26.0% 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 11.0%, representing a small inventory and little supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$415,000	0.0%
Listing Count	114	-13.0%
Listings as % of Homes	1.1%	-13.0%
Days on Market	93	26.0%

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Demographics — Peletier, NC

As of the latest ACS Survey released in 2023, Peletier, NC has a population of 14,700, which has increased by 19.6% over the past 5 years. Peletier, NC is a moderately popular place for families, as children make up 21.1% of the population. The area has a moderately educated workforce, with 31.6% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 13.4% reporting working from home.

Metric	Latest Census	YoY % Change
Population	14,700	19.6%
% Under 18	21.1%	-10.6%
% Seniors	24.5%	25.0%
% WFH	13.4%	197.8%
% w/ College Degree	31.6%	-8.1%

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As of the latest ACS Survey released in 2023, Peletier, NC is a predominantly white area, with 88.3% of the population identifying as white. The white population has grown by 2.7% in the last 5 years. The second most common race or ethnicity in Peletier, NC is hispanic, making up 4.0% of the population. Foreign-born residents account for 2.3% of the population in Peletier, NC, and this percentage has decreased by 45.2% 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	88.3%	2.7%
% Black	2.1%	40.0%
% Hispanic	4.0%	-39.4%
% Asian	0.8%	-77.1%
% Foreign Born	2.3%	-45.2%

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Mortgage and Risk — Peletier, NC

According to HUD data as of 2023, there were 535 mortgage originations in Peletier, NC, of which 67.0% of loans were conventional mortgages. The average loan-to-value was 64.0%, with 30.0% above 90% LTV (very high). This implies large mortgage risk in Peletier, NC. Investor activity is low, as 1.0% of loans were by investors. 10.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	535
% Conventional Loans	67.0%
% Government Loans	33.0%
% Investor Loans	1.0%
% Second Loans	8.0%
% Cash Out Refinance	10.0%

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Rentals and Section 8 — Peletier, NC

As of 2024, the percent of homes in Peletier, NC under the Section 8 program is 4.6%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. 1-bedroom and 2-bedroom units appear to be good home sizes to consider for Section 8 housing in Peletier, NC, because HUD payments exceed market rent, while 3-bedroom and 4-bedroom units do not.

Section 8 Market Size

Total Units under HUD	64
Total Units Section 8	64
% Rentals under Section 8	4.6%
% Occupied Section 8	88.3%

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	$180	$950	$1,130
2 Bedroom	$70	$1,400	$1,470
3 Bedroom	-$130	$2,100	$1,970
4 Bedroom	-$160	$2,600	$2,440

Peletier, NC—28584

Key Metrics at a Glance

Home Price Trends — Peletier, NC

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Peletier, NC

% of Rental Stock

Property Listings — Peletier, NC

Demographics — Peletier, NC

Race and Ethnicity

Mortgage and Risk — Peletier, NC

Mortgages

Rentals and Section 8 — Peletier, NC

Section 8 Market Size

Section 8 Opportunity

Affordability — Peletier, NC

Home Price to Income Ratio

Peletier, NC — ZIP Code Boundary Map

Nearby ZIP Codes

Stella, NC

Emerald Isle, NC

Hubert, NC

Maysville, NC

Midway Park, NC

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	4.4
Median Home Price	$396,000
Median Household Income	$81,600

Peletier, NC—28584

Key Metrics at a Glance

Home Price Trends — Peletier, NC

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Peletier, NC

% of Rental Stock

Property Listings — Peletier, NC

Demographics — Peletier, NC

Race and Ethnicity

Mortgage and Risk — Peletier, NC

Mortgages

Rentals and Section 8 — Peletier, NC

Section 8 Market Size

Section 8 Opportunity

Affordability — Peletier, NC

Home Price to Income Ratio

Peletier, NC — ZIP Code Boundary Map

Nearby ZIP Codes

Stella, NC

Emerald Isle, NC

Hubert, NC

Maysville, NC

Midway Park, NC

Frequently Asked Questions

What is the average home price in Peletier, NC 28584?

How have home prices in Peletier, NC 28584 changed over the past year?

What is the home price projection for Peletier, NC 28584?

What are the demographics of Peletier, NC 28584?

How long does it take homes to sell in Peletier, NC 28584?

What is the average rent price in Peletier, NC 28584?