Harmony, NC—28634
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Harmony, NC
As of Oct '25, the median home price in Harmony, NC is $270,000, with a year-over-year change of 1.8%. This indicates that home prices in Harmony, NC are increasing. According to Zillow, the 1-year price projection is 2.0%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $270,000 | 1.8% |
| Single Family | $270,000 | 2.7% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $176,000 | -0.6% |
3 Bed | $286,000 | 2.5% |
4 Bed | $313,000 | 2.0% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Harmony, NC
As of July '25, Rentcast reports the average rent in Harmony, NC is $1,890, with a year-over-year rent change of 18.9%. Per bedroom, the median rent as of July '25 in Harmony, NC is 3-bedrooms: $1,890. The most common rental property sizes in Harmony, NC are 2-bedroom and 3-bedroom, accounting for 56.8% and 32.7% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,890 | $1,890 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | $1,890 | $1,890 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Harmony, NC
As of Oct '25, Realtor.com reports that the median days on market for a home in Harmony, NC is 40. This is a increase of 21.0% 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 30.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $425,000 | -5.0% |
Listing Count | 27 | 25.0% |
| Listings as % of Homes | 0.6% | 25.0% |
Days on Market | 40 | 21.0% |
Demographics — Harmony, NC
As of the latest ACS Survey released in 2023, Harmony, NC has a population of 5,060, which has decreased by -3.3% over the past 5 years. Harmony, NC is a moderately popular place for families, as children make up 20.4% of the population. The area has a poorly educated workforce, with 15.7% 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 | 5,060 | -3.3% |
% Under 18 | 20.4% | -16.7% |
% Seniors | 16.3% | -3.6% |
% WFH | 9.6% | 255.6% |
% w/ College Degree | 15.7% | 49.5% |
As of the latest ACS Survey released in 2023, Harmony, NC is a predominantly white area, with 85.2% of the population identifying as white. The white population has grown by 11.1% in the last 5 years. The second most common race or ethnicity in Harmony, NC is black, making up 8.1% of the population. Foreign-born residents account for 2.4% of the population in Harmony, NC, and this percentage has decreased by 64.2% 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 | 85.2% | 11.1% |
% Black | 8.1% | -11.0% |
% Hispanic | 4.6% | -59.3% |
% Asian | 0.9% | 200.0% |
% Foreign Born | 2.4% | -64.2% |
Mortgage and Risk — Harmony, NC
According to HUD data as of 2023, there were 122 mortgage originations in Harmony, NC, of which 75.0% of loans were conventional mortgages. The average loan-to-value was 68.0%, with 39.0% above 90% LTV (very high). This implies large mortgage risk in Harmony, NC. Investor activity is low, as 0.0% of loans were by investors. 7.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 122 |
% Conventional Loans | 75.0% |
% Government Loans | 25.0% |
% Investor Loans | 0.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 7.0% |
Loan Activity
Rentals and Section 8 — Harmony, NC
Harmony, NC lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 5 |
Total Units Section 8 | 5 |
% Rentals under Section 8 | 1.4% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $970 |
| 2 Bedroom | N/A | N/A | $1,090 |
| 3 Bedroom | -$400 | $1,890 | $1,490 |
| 4 Bedroom | N/A | N/A | $1,850 |
Affordability — Harmony, NC
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.5 |
| Median Home Price | $270,000 |
| Median Household Income | $70,400 |