Saluda, NC 28773 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Saluda, NC—28773

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$366,000

0.3% YoY Growth

Household Income

$80,600

56.4% YoY Growth

Days on Market

112

6.0% Shorter YoY

Home Price Forecast

N/A

Median Rent

$2,300

31.7% YoY Growth

1-Bed Rent

N/A

2-Bed Rent

$2,300

8.0% YoY Growth

3-Bed Rent

$2,000

45.6% YoY Growth

Home Price Trends — Saluda, NC

Saluda, NC lacks sufficient home price data for analysis.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$366,000	0.3%
Single Family	$367,000	0.5%
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed	N/A	N/A

Rental Trends — Saluda, NC

As of July '25, Rentcast reports the average rent in Saluda, NC is $2,200, with a year-over-year rent change of -31.7%. Per bedroom, the median rent as of July '25 in Saluda, NC is 2-bedrooms: $2,300, 3-bedrooms: $2,150. The most common rental property sizes in Saluda, NC are 3-bedroom and 2-bedroom, accounting for 58.6% and 23.0% of the rental stock.

Type	Median Rent	Average Rent
Average Rent	$2,300	$2,200
Studio Rent	N/A	N/A
1 Bed Rent	N/A	N/A
2 Bed Rent	$2,300	$2,300
3 Bed Rent	$2,000	$2,150
4 Bed Rent	N/A	N/A

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% of Rental Stock

Studio

4.6%

1 Bedroom

13.8%

2 Bedrooms

23.0%

3 Bedrooms

58.6%

Property Listings — Saluda, NC

As of Dec '25, Realtor.com reports that the median days on market for a home in Saluda, NC is 99. This is a decrease of -7.0% 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 20.0%, representing a small inventory and little supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$625,000	-3.0%
Listing Count	54	91.0%
Listings as % of Homes	0.9%	91.0%
Days on Market	112	-6.0%

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Demographics — Saluda, NC

As of the latest ACS Survey released in 2023, Saluda, NC has a population of 3,200, which has increased by 4.6% over the past 5 years. Saluda, NC is a moderately popular place for families, as children make up 19.0% of the population. The area has a moderately educated workforce, with 37.2% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 11.3% reporting working from home.

Metric	Latest Census	YoY % Change
Population	3,200	4.6%
% Under 18	19.0%	11.1%
% Seniors	30.9%	14.0%
% WFH	11.3%	117.3%
% w/ College Degree	37.2%	15.9%

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As of the latest ACS Survey released in 2023, Saluda, NC is a predominantly white area, with 96.8% of the population identifying as white. The white population has grown by 1.5% in the last 5 years. The second most common race or ethnicity in Saluda, NC is hispanic, making up 0.6% of the population. Foreign-born residents account for 1.8% of the population in Saluda, NC, and this percentage has decreased by 10.0% 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	96.8%	1.5%
% Black	0.4%	-71.4%
% Hispanic	0.6%	-70.0%
% Asian	0.4%	-33.3%
% Foreign Born	1.8%	-10.0%

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Mortgage and Risk — Saluda, NC

According to HUD data as of 2023, there were 46 mortgage originations in Saluda, NC, of which 89.0% of loans were conventional mortgages. The average loan-to-value was 60.0%, with 22.0% above 90% LTV (very high). This implies large mortgage risk in Saluda, NC. Investor activity is low, as 4.0% of loans were by investors. 13.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	46
% Conventional Loans	89.0%
% Government Loans	11.0%
% Investor Loans	4.0%
% Second Loans	13.0%
% Cash Out Refinance	13.0%

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Rentals and Section 8 — Saluda, NC

Saluda, NC lacks sufficient Section 8 program data for analysis.

Section 8 Market Size

Total Units under HUD	6
Total Units Section 8	6
% Rentals under Section 8	3.9%
% Occupied Section 8	N/A

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	N/A	N/A	$1,360
2 Bedroom	-$770	$2,300	$1,530
3 Bedroom	-$40	$2,000	$1,960
4 Bedroom	N/A	N/A	$2,590

Saluda, NC—28773

Key Metrics at a Glance

Home Price Trends — Saluda, NC

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Saluda, NC

% of Rental Stock

Property Listings — Saluda, NC

Demographics — Saluda, NC

Race and Ethnicity

Mortgage and Risk — Saluda, NC

Mortgages

Rentals and Section 8 — Saluda, NC

Section 8 Market Size

Section 8 Opportunity

Affordability — Saluda, NC

Home Price to Income Ratio

Saluda, NC — ZIP Code Boundary Map

Nearby ZIP Codes

Flat Rock, NC

East Flat Rock, NC

Landrum, SC

Hendersonville, NC

Sunny View, NC

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	4.2
Median Home Price	$366,000
Median Household Income	$80,600

Saluda, NC—28773

Key Metrics at a Glance

Home Price Trends — Saluda, NC

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Saluda, NC

% of Rental Stock

Property Listings — Saluda, NC

Demographics — Saluda, NC

Race and Ethnicity

Mortgage and Risk — Saluda, NC

Mortgages

Rentals and Section 8 — Saluda, NC

Section 8 Market Size

Section 8 Opportunity

Affordability — Saluda, NC

Home Price to Income Ratio

Saluda, NC — ZIP Code Boundary Map

Nearby ZIP Codes

Flat Rock, NC

East Flat Rock, NC

Landrum, SC

Hendersonville, NC

Sunny View, NC

Frequently Asked Questions

What is the average home price in Saluda, NC 28773?

How have home prices in Saluda, NC 28773 changed over the past year?

What is the home price projection for Saluda, NC 28773?

What are the demographics of Saluda, NC 28773?

How long does it take homes to sell in Saluda, NC 28773?

What is the average rent price in Saluda, NC 28773?