Barnardsville, NC—28709
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Barnardsville, NC
As of Oct '25, the median home price in Barnardsville, NC is $352,000, with a year-over-year change of -2.5%. This indicates that home prices in Barnardsville, NC are decreasing. According to Zillow, the 1-year price projection is 0.9%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $352,000 | -2.5% |
| Single Family | $352,000 | -3.3% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $296,000 | -3.0% |
3 Bed | $428,000 | -1.2% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Barnardsville, NC
As of July '25, Rentcast reports the average rent in Barnardsville, NC is $995, with a year-over-year rent change of -56.7%. Per bedroom, the median rent as of July '25 in Barnardsville, NC is 1-bedrooms: $995. The most common rental property sizes in Barnardsville, NC are 3-bedroom and 2-bedroom, accounting for 80.2% and 17.1% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $995 | $995 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $995 | $995 |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Barnardsville, NC
As of Oct '25, Realtor.com reports that the median days on market for a home in Barnardsville, NC is 42. This is a decrease of -46.0% 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 44.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $653,000 | -40.0% |
Listing Count | 9 | 225.0% |
| Listings as % of Homes | 0.4% | 225.0% |
Days on Market | 42 | -46.0% |
Demographics — Barnardsville, NC
As of the latest ACS Survey released in 2023, Barnardsville, NC has a population of 2,270, which has decreased by -1.4% over the past 5 years. Barnardsville, NC is a moderately popular place for families, as children make up 18.8% of the population. The area has a moderately educated workforce, with 39.5% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 19.4% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 2,270 | -1.4% |
% Under 18 | 18.8% | -12.6% |
% Seniors | 34.5% | 91.7% |
% WFH | 19.4% | 68.7% |
% w/ College Degree | 39.5% | 74.0% |
As of the latest ACS Survey released in 2023, Barnardsville, NC is a predominantly white area, with 95.8% of the population identifying as white. The white population has shrunk by 1.3% in the last 5 years. The second most common race or ethnicity in Barnardsville, NC is hispanic, making up 3.9% of the population. Foreign-born residents account for 1.4% of the population in Barnardsville, NC, and this percentage has increased by 100.0% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 95.8% | -1.3% |
% Black | 0.0% | N/A |
% Hispanic | 3.9% | 143.8% |
% Asian | 0.0% | -100.0% |
% Foreign Born | 1.4% | 100.0% |
Mortgage and Risk — Barnardsville, NC
According to HUD data as of 2023, there were 58 mortgage originations in Barnardsville, NC, of which 88.0% of loans were conventional mortgages. The average loan-to-value was 57.0%, with 16.0% above 90% LTV (elevated). This implies medium mortgage risk in Barnardsville, NC. Investor activity is low, as 3.0% of loans were by investors. 14.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 58 |
% Conventional Loans | 88.0% |
% Government Loans | 12.0% |
% Investor Loans | 3.0% |
% Second Loans | 7.0% |
% Cash Out Refinance | 14.0% |
Loan Activity
Rentals and Section 8 — Barnardsville, NC
Barnardsville, NC lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | N/A |
Total Units Section 8 | N/A |
% Rentals under Section 8 | 0.4% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $585 | $995 | $1,580 |
| 2 Bedroom | N/A | N/A | $1,750 |
| 3 Bedroom | N/A | N/A | $2,180 |
| 4 Bedroom | N/A | N/A | $2,940 |
Affordability — Barnardsville, NC
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.4 |
| Median Home Price | $352,000 |
| Median Household Income | $75,400 |