Traphill, NC 28685 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Traphill, NC—28685

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$167,000

0.8% YoY Growth

Household Income

$45,000

19.1% YoY Growth

Days on Market

38.0% Longer YoY

Home Price Forecast

2.8%

Median Rent

N/A

1-Bed Rent

N/A

2-Bed Rent

N/A

3-Bed Rent

N/A

Home Price Trends — Traphill, NC

As of Dec '25, the median home price in Traphill, NC is $167,000, with a year-over-year change of 0.8%. This indicates that home prices in Traphill, NC are flat. According to Zillow, the 1-year price projection is 2.8%, suggesting an increase housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$167,000	0.8%
Single Family	$167,000	0.6%
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — Traphill, NC

Traphill, 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

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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 Dec '25, Realtor.com reports that the median days on market for a home in Traphill, NC is 67. This is a increase of 36.0% 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 31.0%, representing a large inventory and a lot of supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$340,000	-15.0%
Listing Count	10	150.0%
Listings as % of Homes	0.2%	150.0%
Days on Market	76	38.0%

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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.

Metric	Latest Census	YoY % Change
Population	2,340	18.5%
% 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

Metric	Latest Census	5-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

Metric	Zip 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 Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	N/A	N/A	$810
2 Bedroom	N/A	N/A	$930
3 Bedroom	N/A	N/A	$1,240
4 Bedroom	N/A	N/A	$1,390

Traphill, NC—28685

Key Metrics at a Glance

Home Price Trends — Traphill, NC

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Traphill, NC

% of Rental Stock

Property Listings — Traphill, NC

Demographics — Traphill, NC

Race and Ethnicity

Mortgage and Risk — Traphill, NC

Mortgages

Rentals and Section 8 — Traphill, NC

Section 8 Market Size

Section 8 Opportunity

Affordability — Traphill, NC

Home Price to Income Ratio

Traphill, NC — ZIP Code Boundary Map

Nearby ZIP Codes

Hays, NC

Roaring River, NC

Thurmond, NC

McGrady, NC

North Wilkesboro, NC

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	3.4
Median Home Price	$167,000
Median Household Income	$45,000

Traphill, NC—28685

Key Metrics at a Glance

Home Price Trends — Traphill, NC

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Traphill, NC

% of Rental Stock

Property Listings — Traphill, NC

Demographics — Traphill, NC

Race and Ethnicity

Mortgage and Risk — Traphill, NC

Mortgages

Rentals and Section 8 — Traphill, NC

Section 8 Market Size

Section 8 Opportunity

Affordability — Traphill, NC

Home Price to Income Ratio

Traphill, NC — ZIP Code Boundary Map

Nearby ZIP Codes

Hays, NC

Roaring River, NC

Thurmond, NC

McGrady, NC

North Wilkesboro, NC

Frequently Asked Questions

What is the average home price in Traphill, NC 28685?

How have home prices in Traphill, NC 28685 changed over the past year?

What is the home price projection for Traphill, NC 28685?

What are the demographics of Traphill, NC 28685?

How long does it take homes to sell in Traphill, NC 28685?

What is the average rent price in Traphill, NC 28685?