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Sugar Grove, NC—28692

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$432,000
0.4% YoY Growth
Household Income
$48,800
13.5% YoY Growth
Days on Market
43
1.0% Longer YoY
Home Price Forecast
1.3%
Median Rent
$2,510
14.2% YoY Growth
1-Bed Rent
N/A
N/A
2-Bed Rent
$1,950
N/A
3-Bed Rent
$2,510
4.7% YoY Growth

Other Zip Codes in Sugar Grove, NC

28679
  • Home Price Trends
  • Rental Trends
  • Property Listings
  • Demographics
  • Mortgage and Risk

Home Price Trends — Sugar Grove, NC

As of May '26, the median home price in Sugar Grove, NC is $432,000, with a year-over-year change of -0.4%. This indicates that home prices in Sugar Grove, NC are flat. According to Zillow, the 1-year price projection is 1.3%, suggesting an increase housing market in the next year.

Cost per Home Type

Home TypeMedian Home ValueYoY % Change
All Homes
$432,000-0.4%
Single Family $434,000-0.2%
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
    		$372,0000.0%
    3 Bed
    		$462,0000.2%
    4 Bed
    		$594,0000.3%
    5 Bed N/AN/A
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    % of Housing Stock

    Studio
    1.1%
    1 Bedroom
    5.6%
    2 Bedrooms
    25.1%
    3 Bedrooms
    53.1%
    4 Bedrooms
    12.2%
    5+ Bedrooms
    2.8%

    Rental Trends — Sugar Grove, NC

    As of July '25, Rentcast reports the average rent in Sugar Grove, NC is $2,530, with a year-over-year rent change of -14.2%. Per bedroom, the median rent as of July '25 in Sugar Grove, NC is 2-bedrooms: $2,380, 3-bedrooms: $2,810, 4-bedrooms: $2,010. The most common rental property sizes in Sugar Grove, NC are 3-bedroom and 2-bedroom, accounting for 47.9% and 37.0% of the rental stock.

    TypeMedian RentAverage Rent
    Average Rent$2,510$2,530
    Studio Rent N/AN/A
    1 Bed Rent N/AN/A
    2 Bed Rent $1,950$2,380
    3 Bed Rent $2,510$2,810
    4 Bed Rent $2,010$2,010
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    % of Rental Stock

    Studio
    5.8%
    1 Bedroom
    2.2%
    2 Bedrooms
    37.0%
    3 Bedrooms
    47.9%
    4 Bedrooms
    7.1%

    Property Listings — Sugar Grove, NC

    As of May '26, Realtor.com reports that the median days on market for a home in Sugar Grove, NC is 43. This is a increase of 1.0% from last year, suggesting that homes are sitting on the market about the same amount of time than last year. The percentage of listed homes with a reduced price is 9.0%, representing a small inventory and little supply pressure on home prices.

    MetricZip Code AverageYear over Year % Change
    Median Listing Price
    		$604,000-10.0%
    Listing Count
    		44180.0%
    Listings as % of Homes0.5%180.0%
    Days on Market
    		431.0%
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    Demographics — Sugar Grove, NC

    As of the latest ACS Survey released in 2023, Sugar Grove, NC has a population of 4,460, which has increased by 13.2% over the past 5 years. Sugar Grove, NC is a moderately popular place for families, as children make up 15.0% of the population. The area has a moderately educated workforce, with 40.1% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 8.4% reporting working from home.

    MetricLatest CensusYoY % Change
    Population
    		4,46013.2%
    % Under 18
    		15.0%-13.8%
    % Seniors
    		16.3%-24.5%
    % WFH
    		8.4%546.2%
    % w/ College Degree
    		40.1%6.6%
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    As of the latest ACS Survey released in 2023, Sugar Grove, NC is a predominantly white area, with 94.7% of the population identifying as white. The white population has shrunk by 0.1% in the last 5 years. The second most common race or ethnicity in Sugar Grove, NC is hispanic, making up 2.2% of the population. Foreign-born residents account for 1.4% of the population in Sugar Grove, NC, and this percentage has decreased by 66.7% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.

    Race and Ethnicity

    MetricLatest Census5-Year % Change
    % White
    		94.7%-0.1%
    % Black
    		0.3%-88.0%
    % Hispanic
    		2.2%37.5%
    % Asian
    		1.9%∞%
    % Foreign Born
    		1.4%-66.7%
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    Mortgage and Risk — Sugar Grove, NC

    According to HUD data as of 2023, there were 97 mortgage originations in Sugar Grove, NC, of which 95.0% of loans were conventional mortgages. The average loan-to-value was 50.0%, with 16.0% above 90% LTV (elevated). This implies medium mortgage risk in Sugar Grove, NC. Investor activity is low, as 3.0% of loans were by investors. 5.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

    Mortgages

    MetricZip Code Average
    Total Loan Originations
    		97
    % Conventional Loans
    		95.0%
    % Government Loans
    		5.0%
    % Investor Loans
    		3.0%
    % Second Loans
    		15.0%
    % Cash Out Refinance
    		5.0%
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    Rentals and Section 8 — Sugar Grove, NC

    Sugar Grove, NC lacks sufficient Section 8 program data for analysis.

    Section 8 Market Size

    Total Units under HUD
    		13
    Total Units Section 8
    		13
    % Rentals under Section 8
    		N/A
    % Occupied Section 8
    		87.0%

    Section 8 Opportunity

    Home SizeHUD PremiumMarket RentMax HUD Rent
    1 BedroomN/AN/A$990
    2 Bedroom-$690$1,950$1,260
    3 Bedroom-$970$2,510$1,540
    4 Bedroom$110$2,010$2,120

    Affordability — Sugar Grove, NC

    Home Price to Income Ratio

    MetricZip Code Average
    Home Price to Income Ratio8.1
    Median Home Price$432,000
    Median Household Income$48,800

    Sugar Grove, NC — ZIP Code Boundary Map

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    Nearby ZIP Codes

    Zionville, NC

    28698

    Sugar Grove, NC

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    28605

    Frequently Asked Questions