Claremont, NC—28610
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Claremont, NC
As of Oct '25, the median home price in Claremont, NC is $247,000, with a year-over-year change of -0.0%. This indicates that home prices in Claremont, NC are flat. According to Zillow, the 1-year price projection is 1.8%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $247,000 | -0.0% |
| Single Family | $249,000 | 0.4% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $193,000 | -1.0% |
3 Bed | $280,000 | 1.4% |
4 Bed | $406,000 | 3.3% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Claremont, NC
As of July '25, Rentcast reports the average rent in Claremont, NC is $1,460, with a year-over-year rent change of -7.6%. Per bedroom, the median rent as of July '25 in Claremont, NC is 2-bedrooms: $1,150, 3-bedrooms: $1,620. The most common rental property sizes in Claremont, NC are 2-bedroom and 3-bedroom, accounting for 47.7% and 34.2% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,550 | $1,460 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | $1,150 | $1,150 |
| 3 Bed Rent | $1,550 | $1,620 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Claremont, NC
As of Oct '25, Realtor.com reports that the median days on market for a home in Claremont, NC is 68. This is a increase of 3.0% 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 19.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $350,000 | 5.0% |
Listing Count | 31 | 66.0% |
| Listings as % of Homes | 0.3% | 66.0% |
Days on Market | 68 | 3.0% |
Demographics — Claremont, NC
As of the latest ACS Survey released in 2023, Claremont, NC has a population of 10,900, which has increased by 7.9% over the past 5 years. Claremont, NC is a moderately popular place for families, as children make up 23.7% of the population. The area has a poorly educated workforce, with 16.0% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 5.5% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 10,900 | 7.9% |
% Under 18 | 23.7% | 7.7% |
% Seniors | 14.2% | -7.8% |
% WFH | 5.5% | 61.8% |
% w/ College Degree | 16.0% | 32.2% |
As of the latest ACS Survey released in 2023, Claremont, NC is a predominantly white area, with 77.3% of the population identifying as white. The white population has shrunk by 1.5% in the last 5 years. The second most common race or ethnicity in Claremont, NC is black, making up 8.2% of the population. Foreign-born residents account for 4.0% of the population in Claremont, NC, and this percentage has decreased by 2.4% 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 | 77.3% | -1.5% |
% Black | 8.2% | -14.6% |
% Hispanic | 6.2% | 59.0% |
% Asian | 6.0% | 1.7% |
% Foreign Born | 4.0% | -2.4% |
Mortgage and Risk — Claremont, NC
According to HUD data as of 2023, there were 275 mortgage originations in Claremont, NC, of which 79.0% of loans were conventional mortgages. The average loan-to-value was 58.0%, with 27.0% above 90% LTV (very high). This implies large mortgage risk in Claremont, NC. Investor activity is low, as 0.0% of loans were by investors. 12.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 275 |
% Conventional Loans | 79.0% |
% Government Loans | 21.0% |
% Investor Loans | 0.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 12.0% |
Loan Activity
Rentals and Section 8 — Claremont, NC
Claremont, NC lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 38 |
Total Units Section 8 | 38 |
% Rentals under Section 8 | 3.5% |
% Occupied Section 8 | 82.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $890 |
| 2 Bedroom | -$60 | $1,150 | $1,090 |
| 3 Bedroom | -$160 | $1,550 | $1,390 |
| 4 Bedroom | N/A | N/A | $1,630 |
Affordability — Claremont, NC
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.6 |
| Median Home Price | $247,000 |
| Median Household Income | $62,300 |