Winterville, NC—28590
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Winterville, NC
As of Oct '25, the median home price in Winterville, NC is $277,000, with a year-over-year change of 1.6%. This indicates that home prices in Winterville, NC are increasing. According to Zillow, the 1-year price projection is 2.3%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $277,000 | 1.6% |
| Single Family | $288,000 | 1.8% |
| Condos | $161,000 | 6.6% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $143,000 | 3.6% |
3 Bed | $262,000 | 1.9% |
4 Bed | $392,000 | 1.8% |
| 5 Bed | $446,000 | 0.9% |
% of Housing Stock
Rental Trends — Winterville, NC
As of July '25, Rentcast reports the average rent in Winterville, NC is $1,570, with a year-over-year rent change of -3.7%. Per bedroom, the median rent as of July '25 in Winterville, NC is 1-bedrooms: $867, 2-bedrooms: $1,230, 3-bedrooms: $1,710, 4-bedrooms: $2,680. The most common rental property sizes in Winterville, NC are 2-bedroom and 3-bedroom, accounting for 43.4% and 35.6% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,600 | $1,570 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $695 | $867 |
| 2 Bed Rent | $1,200 | $1,230 |
| 3 Bed Rent | $1,800 | $1,710 |
| 4 Bed Rent | $2,600 | $2,680 |
% of Rental Stock
Property Listings — Winterville, NC
As of Oct '25, Realtor.com reports that the median days on market for a home in Winterville, NC is 76. This is a increase of 17.0% 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 20.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $342,000 | -1.0% |
Listing Count | 163 | 5.0% |
| Listings as % of Homes | 1.1% | 5.0% |
Days on Market | 76 | 17.0% |
Demographics — Winterville, NC
As of the latest ACS Survey released in 2023, Winterville, NC has a population of 27,000, which has increased by 9.7% over the past 5 years. Winterville, NC is a popular place for families, as children make up 26.4% of the population. The area has a moderately educated workforce, with 42.0% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 11.3% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 27,000 | 9.7% |
% Under 18 | 26.4% | 1.1% |
% Seniors | 12.8% | 13.3% |
% WFH | 11.3% | 232.4% |
% w/ College Degree | 42.0% | 1.4% |
As of the latest ACS Survey released in 2023, Winterville, NC is a predominantly white area, with 58.0% of the population identifying as white. The white population has shrunk by 3.3% in the last 5 years. The second most common race or ethnicity in Winterville, NC is black, making up 31.5% of the population. Foreign-born residents account for 6.4% of the population in Winterville, NC, and this percentage has increased by 3.2% 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 | 58.0% | -3.3% |
% Black | 31.5% | 9.8% |
% Hispanic | 4.3% | -15.7% |
% Asian | 2.4% | -41.5% |
% Foreign Born | 6.4% | 3.2% |
Mortgage and Risk — Winterville, NC
According to HUD data as of 2023, there were 807 mortgage originations in Winterville, NC, of which 75.0% of loans were conventional mortgages. The average loan-to-value was 63.0%, with 32.0% above 90% LTV (very high). This implies large mortgage risk in Winterville, NC. Investor activity is low, as 1.0% of loans were by investors. 8.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 807 |
% Conventional Loans | 75.0% |
% Government Loans | 25.0% |
% Investor Loans | 1.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 8.0% |
Loan Activity
Rentals and Section 8 — Winterville, NC
As of 2024, the percent of homes in Winterville, NC under the Section 8 program is 4.8%. 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 units appear to be good home sizes to consider for Section 8 housing in Winterville, NC, because HUD payments exceed market rent, while 2-bedroom and 3-bedroom and 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 150 |
Total Units Section 8 | 150 |
% Rentals under Section 8 | 4.8% |
% Occupied Section 8 | 67.4% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $245 | $695 | $940 |
| 2 Bedroom | -$30 | $1,200 | $1,170 |
| 3 Bedroom | -$220 | $1,800 | $1,580 |
| 4 Bedroom | -$620 | $2,600 | $1,980 |
Affordability — Winterville, NC
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3 |
| Median Home Price | $277,000 |
| Median Household Income | $83,300 |