Pfafftown, NC—27040
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Pfafftown, NC
As of Nov '25, the median home price in Pfafftown, NC is $326,000, with a year-over-year change of 1.1%. This indicates that home prices in Pfafftown, NC are increasing. According to Zillow, the 1-year price projection is 2.3%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $326,000 | 1.1% |
| Single Family | $327,000 | 1.6% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $221,000 | 1.8% |
3 Bed | $302,000 | 1.3% |
4 Bed | $416,000 | 1.2% |
| 5 Bed | $448,933 | 0.7% |
% of Housing Stock
Rental Trends — Pfafftown, NC
As of July '25, Rentcast reports the average rent in Pfafftown, NC is $2,090, with a year-over-year rent change of 7.2%. Per bedroom, the median rent as of July '25 in Pfafftown, NC is 2-bedrooms: $1,550, 3-bedrooms: $2,010, 4-bedrooms: $2,350. The most common rental property sizes in Pfafftown, NC are 3-bedroom and 2-bedroom, accounting for 43.3% and 20.0% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,100 | $2,090 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | $1,400 | $1,550 |
| 3 Bed Rent | $2,100 | $2,010 |
| 4 Bed Rent | $2,360 | $2,350 |
% of Rental Stock
Property Listings — Pfafftown, NC
As of Nov '25, Realtor.com reports that the median days on market for a home in Pfafftown, NC is 53. This is a increase of 25.0% 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 19.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $367,000 | 6.0% |
Listing Count | 62 | 58.0% |
| Listings as % of Homes | 0.9% | 58.0% |
Days on Market | 53 | 25.0% |
Demographics — Pfafftown, NC
As of the latest ACS Survey released in 2023, Pfafftown, NC has a population of 12,600, which has increased by 6.5% over the past 5 years. Pfafftown, NC is a moderately popular place for families, as children make up 24.4% of the population. The area has a moderately educated workforce, with 43.0% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 16.9% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 12,600 | 6.5% |
% Under 18 | 24.4% | 6.6% |
% Seniors | 19.5% | -5.8% |
% WFH | 16.9% | 172.6% |
% w/ College Degree | 43.0% | 8.0% |
As of the latest ACS Survey released in 2023, Pfafftown, NC is a predominantly white area, with 70.3% of the population identifying as white. The white population has shrunk by 15.2% in the last 5 years. The second most common race or ethnicity in Pfafftown, NC is black, making up 16.1% of the population. Foreign-born residents account for 4.9% of the population in Pfafftown, NC, and this percentage has increased by 40.0% 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 | 70.3% | -15.2% |
% Black | 16.1% | 62.6% |
% Hispanic | 8.2% | 156.2% |
% Asian | 1.8% | 38.5% |
% Foreign Born | 4.9% | 40.0% |
Mortgage and Risk — Pfafftown, NC
According to HUD data as of 2023, there were 220 mortgage originations in Pfafftown, NC, of which 76.0% of loans were conventional mortgages. The average loan-to-value was 60.0%, with 20.0% above 90% LTV (very high). This implies large mortgage risk in Pfafftown, NC. Investor activity is low, as 0.0% 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 | 220 |
% Conventional Loans | 76.0% |
% Government Loans | 24.0% |
% Investor Loans | 0.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 12.0% |
Rentals and Section 8 — Pfafftown, NC
Pfafftown, NC lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 9 |
Total Units Section 8 | 9 |
% Rentals under Section 8 | 2.2% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $1,350 |
| 2 Bedroom | $180 | $1,400 | $1,580 |
| 3 Bedroom | -$30 | $2,100 | $2,070 |
| 4 Bedroom | $80 | $2,360 | $2,440 |
Affordability — Pfafftown, NC
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.3 |
| Median Home Price | $326,000 |
| Median Household Income | $92,400 |