University Hill—29208
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — University Hill
University Hill lacks sufficient home price data for analysis.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | N/A | N/A |
| Single Family | N/A | N/A |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | N/A | N/A |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
No data available
Rental Trends — University Hill
University Hill lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | N/A | N/A |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
No data available
Property Listings — University Hill
University Hill lacks sufficient listing trend data for analysis.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | N/A | N/A |
Listing Count | N/A | N/A |
| Listings as % of Homes | N/A | N/A |
Days on Market | N/A | N/A |
Demographics — University Hill
As of the latest ACS Survey released in 2023, University Hill has a population of 2,380, which has increased by 213.3% over the past 5 years. University Hill is a less popular place for families, as children make up 0.4% of the population. The area has a poorly educated workforce, with 12.5% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 0.2% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 2,380 | 213.3% |
% Under 18 | 0.4% | -42.9% |
% Seniors | 0.0% | N/A |
% WFH | 0.2% | -98.9% |
% w/ College Degree | 12.5% | N/A |
As of the latest ACS Survey released in 2023, University Hill is a predominantly white area, with 71.5% of the population identifying as white. The white population has grown by 21.8% in the last 5 years. The second most common race or ethnicity in University Hill is black, making up 12.9% of the population. Foreign-born residents account for 4.9% of the population in University Hill, and this percentage has decreased by 22.2% 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 | 71.5% | 21.8% |
% Black | 12.9% | -50.2% |
% Hispanic | 6.8% | 7.9% |
% Asian | 3.7% | -45.6% |
% Foreign Born | 4.9% | -22.2% |
Mortgage and Risk — University Hill
According to HUD data as of 2023, there were 6 mortgage originations in University Hill, of which 100.0% of loans were conventional mortgages. The average loan-to-value was 71.0%, with 17.0% above 90% LTV (elevated). This implies medium mortgage risk in University Hill. Investor activity is high, as 17.0% of loans were by investors. 33.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 6 |
% Conventional Loans | 100.0% |
% Government Loans | 0.0% |
% Investor Loans | 17.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 33.0% |
Loan Activity
Rentals and Section 8 — University Hill
University Hill 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 | N/A |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $1,530 |
| 2 Bedroom | N/A | N/A | $1,690 |
| 3 Bedroom | N/A | N/A | $2,160 |
| 4 Bedroom | N/A | N/A | $2,590 |
Affordability — University Hill
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | N/A |
| Median Home Price | N/A |
| Median Household Income | N/A |