North Wilkesboro, NC—28659
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — North Wilkesboro, NC
As of Oct '25, the median home price in North Wilkesboro, NC is $203,000, with a year-over-year change of 0.4%. This indicates that home prices in North Wilkesboro, NC are flat. According to Zillow, the 1-year price projection is 2.2%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $203,000 | 0.4% |
| Single Family | $203,000 | 1.0% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $164,000 | -0.6% |
3 Bed | $225,000 | 0.9% |
4 Bed | $283,000 | 3.7% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — North Wilkesboro, NC
As of July '25, Rentcast reports the average rent in North Wilkesboro, NC is $1,310, with a year-over-year rent change of 49.7%. Per bedroom, the median rent as of July '25 in North Wilkesboro, NC is 1-bedrooms: $950, 2-bedrooms: $1,080, 3-bedrooms: $1,650. The most common rental property sizes in North Wilkesboro, NC are 2-bedroom and 3-bedroom, accounting for 42.5% and 29.7% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,350 | $1,310 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $950 | $950 |
| 2 Bed Rent | $900 | $1,080 |
| 3 Bed Rent | $1,500 | $1,650 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — North Wilkesboro, NC
As of Oct '25, Realtor.com reports that the median days on market for a home in North Wilkesboro, NC is 49. This is a increase of 12.0% 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 16.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $295,000 | 5.0% |
Listing Count | 50 | -9.0% |
| Listings as % of Homes | 0.2% | -9.0% |
Days on Market | 49 | 12.0% |
Demographics — North Wilkesboro, NC
As of the latest ACS Survey released in 2023, North Wilkesboro, NC has a population of 21,600, which has increased by 1.5% over the past 5 years. North Wilkesboro, NC is a moderately popular place for families, as children make up 21.4% of the population. The area has a poorly educated workforce, with 17.5% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 7.0% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 21,600 | 1.5% |
% Under 18 | 21.4% | -3.6% |
% Seniors | 20.0% | 9.3% |
% WFH | 7.0% | 288.9% |
% w/ College Degree | 17.5% | 40.0% |
As of the latest ACS Survey released in 2023, North Wilkesboro, NC is a predominantly white area, with 79.9% of the population identifying as white. The white population has shrunk by 3.2% in the last 5 years. The second most common race or ethnicity in North Wilkesboro, NC is hispanic, making up 11.0% of the population. Foreign-born residents account for 5.4% of the population in North Wilkesboro, NC, and this percentage has decreased by 12.9% 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 | 79.9% | -3.2% |
% Black | 5.0% | -16.7% |
% Hispanic | 11.0% | 8.9% |
% Asian | 0.9% | 350.0% |
% Foreign Born | 5.4% | -12.9% |
Mortgage and Risk — North Wilkesboro, NC
According to HUD data as of 2023, there were 337 mortgage originations in North Wilkesboro, NC, of which 79.0% of loans were conventional mortgages. The average loan-to-value was 63.0%, with 33.0% above 90% LTV (very high). This implies large mortgage risk in North Wilkesboro, 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 | 337 |
% Conventional Loans | 79.0% |
% Government Loans | 21.0% |
% Investor Loans | 1.0% |
% Second Loans | 2.0% |
% Cash Out Refinance | 8.0% |
Loan Activity
Rentals and Section 8 — North Wilkesboro, NC
North Wilkesboro, NC lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 643 |
Total Units Section 8 | 435 |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | 90.2% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$60 | $950 | $890 |
| 2 Bedroom | $120 | $900 | $1,020 |
| 3 Bedroom | -$140 | $1,500 | $1,360 |
| 4 Bedroom | N/A | N/A | $1,520 |
Affordability — North Wilkesboro, NC
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.7 |
| Median Home Price | $203,000 |
| Median Household Income | $49,600 |