Catawba, NC 28609 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Catawba, NC—28609

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$305,000

0.3% YoY Growth

Household Income

$81,800

37.4% YoY Growth

Days on Market

24.0% Shorter YoY

Home Price Forecast

2.6%

Median Rent

$2,070

30.9% YoY Growth

1-Bed Rent

N/A

2-Bed Rent

N/A

3-Bed Rent

$1,650

N/A

Home Price Trends — Catawba, NC

As of Dec '25, the median home price in Catawba, NC is $305,000, with a year-over-year change of 0.3%. This indicates that home prices in Catawba, NC are flat. According to Zillow, the 1-year price projection is 2.6%, suggesting an increase housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$305,000	0.3%
Single Family	$305,000	0.7%
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — Catawba, NC

As of July '25, Rentcast reports the average rent in Catawba, NC is $2,120, with a year-over-year rent change of 30.9%. Per bedroom, the median rent as of July '25 in Catawba, NC is 3-bedrooms: $1,700, 4-bedrooms: $2,140. The most common rental property sizes in Catawba, NC are 3-bedroom and 2-bedroom, accounting for 51.3% and 44.0% of the rental stock.

Type	Median Rent	Average Rent
Average Rent	$2,070	$2,120
Studio Rent	N/A	N/A
1 Bed Rent	N/A	N/A
2 Bed Rent	N/A	N/A
3 Bed Rent	$1,650	$1,700
4 Bed Rent	$2,120	$2,140

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% of Rental Stock

1 Bedroom

3.1%

2 Bedrooms

44.0%

3 Bedrooms

51.3%

4 Bedrooms

1.6%

Property Listings — Catawba, NC

As of Dec '25, Realtor.com reports that the median days on market for a home in Catawba, NC is 47. This is a decrease of -24.0% 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 10.0%, representing a small inventory and little supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$413,000	3.0%
Listing Count	40	-6.0%
Listings as % of Homes	0.5%	-6.0%
Days on Market	56	-24.0%

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Demographics — Catawba, NC

As of the latest ACS Survey released in 2023, Catawba, NC has a population of 6,620, which has increased by 14.3% over the past 5 years. Catawba, NC is a moderately popular place for families, as children make up 19.8% of the population. The area has a poorly educated workforce, with 17.2% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 9.6% reporting working from home.

Metric	Latest Census	YoY % Change
Population	6,620	14.3%
% Under 18	19.8%	-4.3%
% Seniors	20.5%	9.0%
% WFH	9.6%	433.3%
% w/ College Degree	17.2%	9.6%

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As of the latest ACS Survey released in 2023, Catawba, NC is a predominantly white area, with 78.3% of the population identifying as white. The white population has shrunk by 17.0% in the last 5 years. The second most common race or ethnicity in Catawba, NC is hispanic, making up 13.3% of the population. Foreign-born residents account for 4.7% of the population in Catawba, NC, and this percentage has increased by 261.5% 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	78.3%	-17.0%
% Black	5.2%	44.4%
% Hispanic	13.3%	2,116.7%
% Asian	0.0%	-100.0%
% Foreign Born	4.7%	261.5%

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Mortgage and Risk — Catawba, NC

According to HUD data as of 2023, there were 335 mortgage originations in Catawba, NC, of which 76.0% of loans were conventional mortgages. The average loan-to-value was 60.0%, with 25.0% above 90% LTV (very high). This implies large mortgage risk in Catawba, 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	335
% Conventional Loans	76.0%
% Government Loans	24.0%
% Investor Loans	1.0%
% Second Loans	4.0%
% Cash Out Refinance	8.0%

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Rentals and Section 8 — Catawba, NC

Catawba, NC lacks sufficient Section 8 program data for analysis.

Section 8 Market Size

Total Units under HUD	3
Total Units Section 8	3
% Rentals under Section 8	0.8%
% Occupied Section 8	N/A

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	N/A	N/A	$1,050
2 Bedroom	N/A	N/A	$1,290
3 Bedroom	$0	$1,650	$1,650
4 Bedroom	-$190	$2,120	$1,930

Catawba, NC—28609

Key Metrics at a Glance

Home Price Trends — Catawba, NC

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Catawba, NC

% of Rental Stock

Property Listings — Catawba, NC

Demographics — Catawba, NC

Race and Ethnicity

Mortgage and Risk — Catawba, NC

Mortgages

Rentals and Section 8 — Catawba, NC

Section 8 Market Size

Section 8 Opportunity

Affordability — Catawba, NC

Home Price to Income Ratio

Catawba, NC — ZIP Code Boundary Map

Nearby ZIP Codes

Sherrills Ford, NC

Claremont, NC

Terrell, NC

Statesville, NC

Maiden, NC

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	3.4
Median Home Price	$305,000
Median Household Income	$81,800

Catawba, NC—28609

Key Metrics at a Glance

Home Price Trends — Catawba, NC

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Catawba, NC

% of Rental Stock

Property Listings — Catawba, NC

Demographics — Catawba, NC

Race and Ethnicity

Mortgage and Risk — Catawba, NC

Mortgages

Rentals and Section 8 — Catawba, NC

Section 8 Market Size

Section 8 Opportunity

Affordability — Catawba, NC

Home Price to Income Ratio

Catawba, NC — ZIP Code Boundary Map

Nearby ZIP Codes

Sherrills Ford, NC

Claremont, NC

Terrell, NC

Statesville, NC

Maiden, NC

Frequently Asked Questions

What is the average home price in Catawba, NC 28609?

How have home prices in Catawba, NC 28609 changed over the past year?

What is the home price projection for Catawba, NC 28609?

What are the demographics of Catawba, NC 28609?

How long does it take homes to sell in Catawba, NC 28609?

What is the average rent price in Catawba, NC 28609?