Fremont, NC—27830
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Fremont, NC
As of Oct '25, the median home price in Fremont, NC is $160,000, with a year-over-year change of -5.2%. This indicates that home prices in Fremont, NC are decreasing. According to Zillow, the 1-year price projection is -0.4%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $160,000 | -5.2% |
| Single Family | $160,000 | -5.3% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $98,000 | -1.0% |
3 Bed | $211,000 | -0.9% |
4 Bed | $279,000 | 3.3% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Fremont, NC
As of July '25, Rentcast reports the average rent in Fremont, NC is $1,720, with a year-over-year rent change of 56.4%. Per bedroom, the median rent as of July '25 in Fremont, NC is 2-bedrooms: $1,500, 3-bedrooms: $1,760. The most common rental property sizes in Fremont, NC are 3-bedroom and 2-bedroom, accounting for 63.2% and 30.5% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,750 | $1,720 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | $1,500 | $1,500 |
| 3 Bed Rent | $1,800 | $1,760 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Fremont, NC
As of Oct '25, Realtor.com reports that the median days on market for a home in Fremont, NC is 55. This is a increase of 62.0% 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 29.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $267,000 | -1.0% |
Listing Count | 34 | -13.0% |
| Listings as % of Homes | 0.4% | -13.0% |
Days on Market | 55 | 62.0% |
Demographics — Fremont, NC
As of the latest ACS Survey released in 2023, Fremont, NC has a population of 3,990, which has decreased by -17.5% over the past 5 years. Fremont, NC is a moderately popular place for families, as children make up 23.6% of the population. The area has a poorly educated workforce, with 17.7% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 5.9% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 3,990 | -17.5% |
% Under 18 | 23.6% | 21.0% |
% Seniors | 21.0% | 30.4% |
% WFH | 5.9% | 391.7% |
% w/ College Degree | 17.7% | -6.3% |
As of the latest ACS Survey released in 2023, Fremont, NC is a predominantly white area, with 65.5% of the population identifying as white. The white population has shrunk by 6.0% in the last 5 years. The second most common race or ethnicity in Fremont, NC is black, making up 18.3% of the population. Foreign-born residents account for 5.4% of the population in Fremont, NC, and this percentage has increased by 58.8% 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 | 65.5% | -6.0% |
% Black | 18.3% | -17.2% |
% Hispanic | 11.7% | 120.8% |
% Asian | 0.9% | 350.0% |
% Foreign Born | 5.4% | 58.8% |
Mortgage and Risk — Fremont, NC
According to HUD data as of 2023, there were 113 mortgage originations in Fremont, NC, of which 62.0% of loans were conventional mortgages. The average loan-to-value was 75.0%, with 48.0% above 90% LTV (very high). This implies large mortgage risk in Fremont, NC. Investor activity is low, as 1.0% of loans were by investors. 8.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 113 |
% Conventional Loans | 62.0% |
% Government Loans | 38.0% |
% Investor Loans | 1.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 8.0% |
Loan Activity
Rentals and Section 8 — Fremont, NC
Fremont, NC lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 41 |
Total Units Section 8 | 41 |
% Rentals under Section 8 | 5.9% |
% Occupied Section 8 | 98.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $760 |
| 2 Bedroom | -$500 | $1,500 | $1,000 |
| 3 Bedroom | -$570 | $1,800 | $1,230 |
| 4 Bedroom | N/A | N/A | $1,650 |
Affordability — Fremont, NC
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.1 |
| Median Home Price | $160,000 |
| Median Household Income | $51,100 |