Candler, NC—28715
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Candler, NC
As of Oct '25, the median home price in Candler, NC is $414,000, with a year-over-year change of -2.0%. This indicates that home prices in Candler, NC are decreasing. According to Zillow, the 1-year price projection is 0.7%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $414,000 | -2.0% |
| Single Family | $422,000 | -2.5% |
| Condos | $261,000 | -3.3% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $225,000 | -5.5% |
2 Bed | $295,000 | -3.3% |
3 Bed | $424,000 | -2.3% |
4 Bed | $630,000 | -2.3% |
| 5 Bed | $878,000 | -1.8% |
% of Housing Stock
Rental Trends — Candler, NC
As of July '25, Rentcast reports the average rent in Candler, NC is $1,910, with a year-over-year rent change of -18.7%. Per bedroom, the median rent as of July '25 in Candler, NC is studios: $360, 1-bedrooms: $1,440, 2-bedrooms: $1,540, 3-bedrooms: $2,120, 4-bedrooms: $3,350. The most common rental property sizes in Candler, NC are 2-bedroom and 3-bedroom, accounting for 50.1% and 33.8% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,800 | $1,910 |
| Studio Rent | $360 | $360 |
| 1 Bed Rent | $1,400 | $1,440 |
| 2 Bed Rent | $1,580 | $1,540 |
| 3 Bed Rent | $2,100 | $2,120 |
| 4 Bed Rent | $3,200 | $3,350 |
% of Rental Stock
Property Listings — Candler, NC
As of Oct '25, Realtor.com reports that the median days on market for a home in Candler, NC is 69. This is a increase of 27.0% 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 33.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $539,000 | 4.0% |
Listing Count | 168 | 45.0% |
| Listings as % of Homes | 0.8% | 45.0% |
Days on Market | 69 | 27.0% |
Demographics — Candler, NC
As of the latest ACS Survey released in 2023, Candler, NC has a population of 28,800, which has increased by 9.3% over the past 5 years. Candler, NC is a moderately popular place for families, as children make up 21.6% of the population. The area has a moderately educated workforce, with 31.5% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 11.0% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 28,800 | 9.3% |
% Under 18 | 21.6% | 0.9% |
% Seniors | 20.1% | 9.8% |
% WFH | 11.0% | 64.2% |
% w/ College Degree | 31.5% | 6.8% |
As of the latest ACS Survey released in 2023, Candler, NC is a predominantly white area, with 87.0% of the population identifying as white. The white population has shrunk by 1.7% in the last 5 years. The second most common race or ethnicity in Candler, NC is hispanic, making up 8.0% of the population. Foreign-born residents account for 6.2% of the population in Candler, NC, and this percentage has increased by 31.9% 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 | 87.0% | -1.7% |
% Black | 0.5% | -61.5% |
% Hispanic | 8.0% | 1.3% |
% Asian | 0.5% | 0.0% |
% Foreign Born | 6.2% | 31.9% |
Mortgage and Risk — Candler, NC
According to HUD data as of 2023, there were 545 mortgage originations in Candler, NC, of which 87.0% of loans were conventional mortgages. The average loan-to-value was 59.0%, with 22.0% above 90% LTV (very high). This implies large mortgage risk in Candler, NC. Investor activity is low, as 3.0% 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 | 545 |
% Conventional Loans | 87.0% |
% Government Loans | 13.0% |
% Investor Loans | 3.0% |
% Second Loans | 4.0% |
% Cash Out Refinance | 12.0% |
Loan Activity
Rentals and Section 8 — Candler, NC
As of 2024, the percent of homes in Candler, NC under the Section 8 program is 5.4%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. In Candler, NC, none of the tracked home sizes currently have HUD payment amounts above market rent, suggesting limited Section 8 opportunity.
Section 8 Market Size
Total Units under HUD | 196 |
Total Units Section 8 | 196 |
% Rentals under Section 8 | 5.4% |
% Occupied Section 8 | 84.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$50 | $1,400 | $1,350 |
| 2 Bedroom | -$60 | $1,580 | $1,520 |
| 3 Bedroom | -$150 | $2,100 | $1,950 |
| 4 Bedroom | -$630 | $3,200 | $2,570 |
Affordability — Candler, NC
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 5.5 |
| Median Home Price | $414,000 |
| Median Household Income | $71,000 |