North Truro02652

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$726,000
3.3% YoY Growth
Median Household Income
N/A
N/A
Days on Market
N/A
N/A
Home Price Forecast
2.3%
Median 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

Property Listings — North Truro

As of Aug '25 and according to Realtor.com, the median days on market for a home in North Truro is NA. This is an insufficient data of NA from last year. This indicates that homes are sitting on the market insufficient data to determine a trend than last year. The percentage of listed homes with a reduced price is NA. This is an unknown percentage of inventory, suggesting unknown supply pressure on home prices.

MetricZip Code AverageYear over Year % Change
Median Listing Price
N/AN/A
Listing Count
N/AN/A
Listings as % of Homes0.3%N/A
Days on Market
N/AN/A
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Demographics — North Truro

MetricLatest CensusYoY % Change
Population
92421.4%
% Under 18
0.0%-100.0%
% Under 5N/AN/A
% Seniors
53.8%67.6%
% WFH
42.3%145.9%
% w/ College Degree
40.8%-9.7%
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Race and Ethnicity

MetricLatest Census5-Year % Change
% White
100.0%0.0%
% Black
0.0%N/A
% Hispanic
0.0%N/A
% Asian
0.0%N/A
% Foreign Born
0.0%-100.0%
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Mortgage and Risk — North Truro

According to the latest data from the U.S. Department of Housing and Urban Development (HUD) as of 2023, the number of mortgages originated in North Truro in that year was 88. 98.0% of all primary home loans were conventional, the remainder were government-backed loans, such as FHA loans. The average loan-to-value for all loans was 51.0%. Of those, 3.0% were >90% loan to value. This is considered normal, suggesting that mortgage risk is small in North Truro. Investor activity in North Truro is low, as 1.0% of all loans are originated by investors. In 2023, 20.0% of all loans were cash-out refinances, suggesting many homeowners are actively tapping their home's equity.

Mortgages

MetricZip Code AverageMetro AverageState Average
Total Loan Originations
88N/AN/A
% Conventional Loans
98.0%N/AN/A
% Government Loans
2.0%N/AN/A
% Investor Loans
1.0%N/AN/A
% Second Loans
55.0%N/AN/A
% Cash Out Refinance
20.0%N/AN/A
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Rentals and Section 8 — North Truro

As of 2024, the percent of homes in North Truro under the Section 8 program is 2.4%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays homeowners more than the average rental market rate for various home sizes. For each bedroom size, the average difference between HUD payments and market rents is shown in the table below.

Section 8 Market Size

Total Units under HUD
4
Total Units Section 8
4
% Rentals under Section 8
2.4%
% Occupied Section 8
N/A

Section 8 Opportunity

Home SizeHUD PremiumMarket RentMax HUD Rent
1 BedroomN/AN/A$1,430
2 BedroomN/AN/A$1,880
3 BedroomN/AN/A$2,290
4 BedroomN/AN/A$2,610

Affordability — North Truro

Home Price to Income Ratio

MetricZip Code AverageMetro AverageState Average
Home Price to Income Ratio7.9N/AN/A
Median Home Price$726,000N/AN/A
Median Household IncomeN/AN/AN/A

North Truro — ZIP Code Boundary Map

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