Sugar Grove, NC—28692
Real Estate Data & Market Trends
Key Metrics at a Glance
Other Zip Codes in Sugar Grove, NC
Home Price Trends — Sugar Grove, NC
As of Oct '25, the median home price in Sugar Grove, NC is $416,000, with a year-over-year change of -2.2%. This indicates that home prices in Sugar Grove, NC are decreasing. According to Zillow, the 1-year price projection is 3.2%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $416,000 | -2.2% |
| Single Family | $419,000 | -2.8% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $359,000 | -3.2% |
3 Bed | $447,000 | -2.2% |
4 Bed | $573,000 | -1.7% |
| 5 Bed | N/A | N/A |
% of Housing Stock
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.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,510 | $2,530 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | $1,950 | $2,380 |
| 3 Bed Rent | $2,510 | $2,810 |
| 4 Bed Rent | $2,010 | $2,010 |
% of Rental Stock
Property Listings — Sugar Grove, NC
As of Oct '25, Realtor.com reports that the median days on market for a home in Sugar Grove, NC is 77. This is a increase of 3.0% 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 25.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $675,000 | 17.0% |
Listing Count | 32 | 11.0% |
| Listings as % of Homes | 0.5% | 11.0% |
Days on Market | 77 | 3.0% |
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.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 4,460 | 13.2% |
% Under 18 | 15.0% | -13.8% |
% Seniors | 16.3% | -24.5% |
% WFH | 8.4% | 546.2% |
% w/ College Degree | 40.1% | 6.6% |
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
| Metric | Latest Census | 5-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% |
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
| Metric | Zip 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% |
Loan Activity
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 Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/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
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 7.9 |
| Median Home Price | $416,000 |
| Median Household Income | $48,800 |