Norlina, NC 27563 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Norlina, NC—27563

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$151,000

3.5% YoY Growth

Household Income

$39,700

17.1% YoY Growth

Days on Market

84

32.0% Shorter YoY

Home Price Forecast

N/A

Median Rent

$1,020

13.2% YoY Growth

1-Bed Rent

N/A

2-Bed Rent

$800

5.9% YoY Growth

3-Bed Rent

$1,440

18.6% YoY Growth

Home Price Trends — Norlina, NC

Norlina, NC lacks sufficient home price data for analysis.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$151,000	-3.5%
Single Family	$151,000	-1.3%
Condos	N/A	N/A

Cost per Home Size

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

Rental Trends — Norlina, NC

As of July '25, Rentcast reports the average rent in Norlina, NC is $1,200, with a year-over-year rent change of 13.2%. Per bedroom, the median rent as of July '25 in Norlina, NC is 2-bedrooms: $800, 3-bedrooms: $1,340. The most common rental property sizes in Norlina, NC are 3-bedroom and 2-bedroom, accounting for 46.3% and 31.6% of the rental stock.

Type	Median Rent	Average Rent
Average Rent	$1,020	$1,200
Studio Rent	N/A	N/A
1 Bed Rent	N/A	N/A
2 Bed Rent	$800	$800
3 Bed Rent	$1,440	$1,340
4 Bed Rent	N/A	N/A

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% of Rental Stock

Studio

3.9%

1 Bedroom

11.2%

2 Bedrooms

31.6%

3 Bedrooms

46.3%

4 Bedrooms

1.9%

5+ Bedrooms

5.0%

Property Listings — Norlina, NC

As of Dec '25, Realtor.com reports that the median days on market for a home in Norlina, NC is 112. This is a decrease of -14.0% 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 0.0%, representing a small inventory and little supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$281,000	28.0%
Listing Count	11	95.0%
Listings as % of Homes	0.4%	95.0%
Days on Market	84	-32.0%

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Demographics — Norlina, NC

As of the latest ACS Survey released in 2023, Norlina, NC has a population of 5,300, which has increased by 11.3% over the past 5 years. Norlina, NC is a moderately popular place for families, as children make up 17.9% of the population. The area has a poorly educated workforce, with 13.2% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 9.9% reporting working from home.

Metric	Latest Census	YoY % Change
Population	5,300	11.3%
% Under 18	17.9%	-0.6%
% Seniors	22.4%	21.1%
% WFH	9.9%	482.4%
% w/ College Degree	13.2%	4.8%

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As of the latest ACS Survey released in 2023, Norlina, NC is a predominantly black area, with 63.2% of the population identifying as black. The black population has grown by 8.4% in the last 5 years. The second most common race or ethnicity in Norlina, NC is white, making up 31.5% of the population. Foreign-born residents account for 0.3% of the population in Norlina, NC, and this percentage has decreased by 90.9% 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	31.5%	-19.2%
% Black	63.2%	8.4%
% Hispanic	0.4%	-81.8%
% Asian	0.1%	∞%
% Foreign Born	0.3%	-90.9%

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Mortgage and Risk — Norlina, NC

According to HUD data as of 2023, there were 62 mortgage originations in Norlina, NC, of which 68.0% of loans were conventional mortgages. The average loan-to-value was 72.0%, with 39.0% above 90% LTV (very high). This implies large mortgage risk in Norlina, NC. Investor activity is low, as 0.0% of loans were by investors. 15.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	62
% Conventional Loans	68.0%
% Government Loans	32.0%
% Investor Loans	0.0%
% Second Loans	6.0%
% Cash Out Refinance	15.0%

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Rentals and Section 8 — Norlina, NC

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

Section 8 Market Size

Total Units under HUD	98
Total Units Section 8	84
% Rentals under Section 8	N/A
% Occupied Section 8	89.0%

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	N/A	N/A	$710
2 Bedroom	$130	$800	$930
3 Bedroom	-$310	$1,440	$1,130
4 Bedroom	N/A	N/A	$1,230

Norlina, NC—27563

Key Metrics at a Glance

Home Price Trends — Norlina, NC

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Norlina, NC

% of Rental Stock

Property Listings — Norlina, NC

Demographics — Norlina, NC

Race and Ethnicity

Mortgage and Risk — Norlina, NC

Mortgages

Rentals and Section 8 — Norlina, NC

Section 8 Market Size

Section 8 Opportunity

Affordability — Norlina, NC

Home Price to Income Ratio

Norlina, NC — ZIP Code Boundary Map

Nearby ZIP Codes

Middleburg

Manson, NC

Warrenton, NC

Henderson, NC

Henderson, NC

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	4
Median Home Price	$151,000
Median Household Income	$39,700

Norlina, NC—27563

Key Metrics at a Glance

Home Price Trends — Norlina, NC

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Norlina, NC

% of Rental Stock

Property Listings — Norlina, NC

Demographics — Norlina, NC

Race and Ethnicity

Mortgage and Risk — Norlina, NC

Mortgages

Rentals and Section 8 — Norlina, NC

Section 8 Market Size

Section 8 Opportunity

Affordability — Norlina, NC

Home Price to Income Ratio

Norlina, NC — ZIP Code Boundary Map

Nearby ZIP Codes

Middleburg

Manson, NC

Warrenton, NC

Henderson, NC

Henderson, NC

Frequently Asked Questions

What is the average home price in Norlina, NC 27563?

How have home prices in Norlina, NC 27563 changed over the past year?

What is the home price projection for Norlina, NC 27563?

What are the demographics of Norlina, NC 27563?

How long does it take homes to sell in Norlina, NC 27563?

What is the average rent price in Norlina, NC 27563?