Vanceboro, NC—28586
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Vanceboro, NC
As of Oct '25, the median home price in Vanceboro, NC is $195,000, with a year-over-year change of 0.7%. This indicates that home prices in Vanceboro, NC are flat. According to Zillow, the 1-year price projection is 3.1%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $195,000 | 0.7% |
| Single Family | $195,000 | 1.6% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $132,000 | -2.9% |
3 Bed | $215,000 | 0.9% |
4 Bed | $298,000 | 0.7% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Vanceboro, NC
As of July '25, Rentcast reports the average rent in Vanceboro, NC is $1,360, with a year-over-year rent change of 23.6%. Per bedroom, the median rent as of July '25 in Vanceboro, NC is 2-bedrooms: $1,140, 3-bedrooms: $1,530. The most common rental property sizes in Vanceboro, NC are 3-bedroom and 2-bedroom, accounting for 58.2% and 24.2% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,360 | $1,360 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | $1,260 | $1,140 |
| 3 Bed Rent | $1,360 | $1,530 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Vanceboro, NC
As of Oct '25, Realtor.com reports that the median days on market for a home in Vanceboro, NC is 59. This is a decrease of -17.0% 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 19.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $277,000 | -2.0% |
Listing Count | 21 | 22.0% |
| Listings as % of Homes | 0.2% | 22.0% |
Days on Market | 59 | -17.0% |
Demographics — Vanceboro, NC
As of the latest ACS Survey released in 2023, Vanceboro, NC has a population of 8,090, which has increased by 11.5% over the past 5 years. Vanceboro, NC is a moderately popular place for families, as children make up 23.5% of the population. The area has a poorly educated workforce, with 8.4% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 5.8% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 8,090 | 11.5% |
% Under 18 | 23.5% | 11.4% |
% Seniors | 15.9% | -14.5% |
% WFH | 5.8% | 81.2% |
% w/ College Degree | 8.4% | -34.9% |
As of the latest ACS Survey released in 2023, Vanceboro, NC is a predominantly white area, with 66.2% of the population identifying as white. The white population has shrunk by 3.5% in the last 5 years. The second most common race or ethnicity in Vanceboro, NC is black, making up 28.5% of the population. Foreign-born residents account for 1.6% of the population in Vanceboro, NC, and this percentage has increased by 128.6% 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 | 66.2% | -3.5% |
% Black | 28.5% | 0.0% |
% Hispanic | 3.1% | 72.2% |
% Asian | 0.1% | -66.7% |
% Foreign Born | 1.6% | 128.6% |
Mortgage and Risk — Vanceboro, NC
According to HUD data as of 2023, there were 82 mortgage originations in Vanceboro, NC, of which 76.0% of loans were conventional mortgages. The average loan-to-value was 63.0%, with 29.0% above 90% LTV (very high). This implies large mortgage risk in Vanceboro, NC. Investor activity is low, as 1.0% of loans were by investors. 6.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 82 |
% Conventional Loans | 76.0% |
% Government Loans | 24.0% |
% Investor Loans | 1.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 6.0% |
Loan Activity
Rentals and Section 8 — Vanceboro, NC
Vanceboro, NC lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 151 |
Total Units Section 8 | 151 |
% Rentals under Section 8 | 19.6% |
% Occupied Section 8 | 96.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $850 |
| 2 Bedroom | -$150 | $1,260 | $1,110 |
| 3 Bedroom | $140 | $1,360 | $1,500 |
| 4 Bedroom | N/A | N/A | $1,880 |
Affordability — Vanceboro, NC
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.7 |
| Median Home Price | $195,000 |
| Median Household Income | $46,500 |