Hays, NC—28635
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Hays, NC
As of Oct '25, the median home price in Hays, NC is $196,000, with a year-over-year change of 1.7%. This indicates that home prices in Hays, 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 | $196,000 | 1.7% |
| Single Family | $196,000 | 2.6% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | $240,000 | 3.4% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Hays, NC
Hays, NC lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | N/A | N/A |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Hays, NC
As of Oct '25, Realtor.com reports that the median days on market for a home in Hays, NC is 86. This is a increase of 38.0% 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 22.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $270,000 | -6.0% |
Listing Count | 9 | 7.0% |
| Listings as % of Homes | 0.4% | 7.0% |
Days on Market | 86 | 38.0% |
Demographics — Hays, NC
As of the latest ACS Survey released in 2023, Hays, NC has a population of 3,110, which has decreased by -1.7% over the past 5 years. Hays, NC is a moderately popular place for families, as children make up 16.5% of the population. The area has a poorly educated workforce, with 9.4% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 7.6% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 3,110 | -1.7% |
% Under 18 | 16.5% | -21.1% |
% Seniors | 26.9% | 28.1% |
% WFH | 7.6% | ∞% |
% w/ College Degree | 9.4% | -19.7% |
As of the latest ACS Survey released in 2023, Hays, NC is a predominantly white area, with 92.0% of the population identifying as white. The white population has grown by 2.1% in the last 5 years. The second most common race or ethnicity in Hays, NC is hispanic, making up 6.9% of the population. Foreign-born residents account for 2.6% of the population in Hays, NC, and this percentage has decreased by 7.1% 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 | 92.0% | 2.1% |
% Black | 0.0% | -100.0% |
% Hispanic | 6.9% | -25.8% |
% Asian | 0.0% | N/A |
% Foreign Born | 2.6% | -7.1% |
Mortgage and Risk — Hays, NC
According to HUD data as of 2023, there were 43 mortgage originations in Hays, NC, of which 81.0% of loans were conventional mortgages. The average loan-to-value was 68.0%, with 33.0% above 90% LTV (very high). This implies large mortgage risk in Hays, NC. Investor activity is low, as 0.0% of loans were by investors. 9.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 43 |
% Conventional Loans | 81.0% |
% Government Loans | 19.0% |
% Investor Loans | 0.0% |
% Second Loans | 7.0% |
% Cash Out Refinance | 9.0% |
Loan Activity
Rentals and Section 8 — Hays, NC
Hays, NC lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 35 |
Total Units Section 8 | 35 |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | 87.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $820 |
| 2 Bedroom | N/A | N/A | $950 |
| 3 Bedroom | N/A | N/A | $1,260 |
| 4 Bedroom | N/A | N/A | $1,420 |
Affordability — Hays, NC
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4 |
| Median Home Price | $196,000 |
| Median Household Income | $44,500 |