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Traphill, NC—28685

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$187,000
4.1% YoY Growth
Household Income
$45,000
19.1% YoY Growth
Days on Market
45
65.0% Shorter YoY
Home Price Forecast
0.8%
Median 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
  • Home Price Trends
  • Rental Trends
  • Property Listings
  • Demographics
  • Mortgage and Risk

Home Price Trends — Traphill, NC

As of May '26, the median home price in Traphill, NC is $187,000, with a year-over-year change of 4.1%. This indicates that home prices in Traphill, NC are increasing. According to Zillow, the 1-year price projection is 0.8%, suggesting a relatively flat housing market in the next year.

Cost per Home Type

Home TypeMedian Home ValueYoY % Change
All Homes
$187,0004.1%
Single Family $187,0005.1%
Condos N/AN/A

Cost per Home Size

Home SizeMedian Home ValueYoY % Change
1 Bed
  • Affordability
  • Rentals and Section 8
    • N/A
    N/A
    2 Bed
    		N/AN/A
    3 Bed
    		N/AN/A
    4 Bed
    		N/AN/A
    5 Bed N/AN/A
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    % of Housing Stock

    Studio
    1.1%
    1 Bedroom
    2.6%
    2 Bedrooms
    30.9%
    3 Bedrooms
    46.2%
    4 Bedrooms
    13.4%
    5+ Bedrooms
    5.8%

    Rental Trends — Traphill, NC

    Traphill, NC lacks sufficient rental market data for analysis.

    TypeMedian RentAverage Rent
    Average RentN/AN/A
    Studio Rent N/AN/A
    1 Bed Rent N/AN/A
    2 Bed Rent N/AN/A
    3 Bed Rent N/AN/A
    4 Bed Rent N/AN/A
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    % of Rental Stock

    2 Bedrooms
    78.1%
    3 Bedrooms
    5.5%
    4 Bedrooms
    16.4%

    Property Listings — Traphill, NC

    As of May '26, Realtor.com reports that the median days on market for a home in Traphill, NC is 45. This is a decrease of -65.0% 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 0.0%, representing a small inventory and little supply pressure on home prices.

    MetricZip Code AverageYear over Year % Change
    Median Listing Price
    		$368,0003.0%
    Listing Count
    		14162.0%
    Listings as % of Homes0.2%162.0%
    Days on Market
    		45-65.0%
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    Demographics — Traphill, NC

    As of the latest ACS Survey released in 2023, Traphill, NC has a population of 2,340, which has increased by 18.5% over the past 5 years. Traphill, NC is a moderately popular place for families, as children make up 20.3% of the population. The area has a poorly educated workforce, with 4.2% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 1.3% reporting working from home.

    MetricLatest CensusYoY % Change
    Population
    		2,34018.5%
    % Under 18
    		20.3%18.0%
    % Seniors
    		21.5%-8.5%
    % WFH
    		1.3%-63.9%
    % w/ College Degree
    		4.2%-54.3%
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    As of the latest ACS Survey released in 2023, Traphill, NC is a predominantly white area, with 92.3% of the population identifying as white. The white population has grown by 4.5% in the last 5 years. The second most common race or ethnicity in Traphill, NC is hispanic, making up 2.2% of the population. Foreign-born residents account for 0.7% of the population in Traphill, NC, and this percentage has decreased by 46.2% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.

    Race and Ethnicity

    MetricLatest Census5-Year % Change
    % White
    		92.3%4.5%
    % Black
    		0.0%-100.0%
    % Hispanic
    		2.2%214.3%
    % Asian
    		0.0%-100.0%
    % Foreign Born
    		0.7%-46.2%
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    Mortgage and Risk — Traphill, NC

    According to HUD data as of 2023, there were 42 mortgage originations in Traphill, NC, of which 81.0% of loans were conventional mortgages. The average loan-to-value was 64.0%, with 29.0% above 90% LTV (very high). This implies large mortgage risk in Traphill, 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

    MetricZip Code Average
    Total Loan Originations
    		42
    % Conventional Loans
    		81.0%
    % Government Loans
    		19.0%
    % Investor Loans
    		0.0%
    % Second Loans
    		5.0%
    % Cash Out Refinance
    		12.0%
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    Rentals and Section 8 — Traphill, NC

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

    Section 8 Market Size

    Total Units under HUD
    		9
    Total Units Section 8
    		9
    % Rentals under Section 8
    		N/A
    % Occupied Section 8
    		N/A

    Section 8 Opportunity

    Home SizeHUD PremiumMarket RentMax HUD Rent
    1 BedroomN/AN/A$810
    2 BedroomN/AN/A$930
    3 BedroomN/AN/A$1,240
    4 BedroomN/AN/A$1,390

    Affordability — Traphill, NC

    Home Price to Income Ratio

    MetricZip Code Average
    Home Price to Income Ratio3.6
    Median Home Price$187,000
    Median Household Income$45,000

    Traphill, NC — ZIP Code Boundary Map

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    Nearby ZIP Codes

    Hays, NC

    28635

    Roaring River, NC

    28669

    Thurmond, NC

    28683

    McGrady, NC

    28649

    North Wilkesboro, NC

    28659

    Frequently Asked Questions