Rich Square, NC—27869
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Rich Square, NC
As of Nov '25, the median home price in Rich Square, NC is $73,000, with a year-over-year change of 7.7%. This indicates that home prices in Rich Square, NC are increasing. According to Zillow, the 1-year price projection is 0.7%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $73,000 | 7.7% |
| Single Family | $73,000 | 9.0% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $49,000 | 4.3% |
3 Bed | $83,000 | 13.7% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Rich Square, NC
Rich Square, NC 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
Property Listings — Rich Square, NC
As of Nov '25, Realtor.com reports that the median days on market for a home in Rich Square, NC is 129. This is a increase of 250.0% 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 0.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $114,000 | -32.0% |
Listing Count | 6 | -33.0% |
| Listings as % of Homes | 0.2% | -33.0% |
Days on Market | 129 | 250.0% |
Demographics — Rich Square, NC
As of the latest ACS Survey released in 2023, Rich Square, NC has a population of 1,760, which has decreased by -8.7% over the past 5 years. Rich Square, NC is a less popular place for families, as children make up 13.5% of the population. The area has a poorly educated workforce, with 10.5% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 2.2% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 1,760 | -8.7% |
% Under 18 | 13.5% | -4.9% |
% Seniors | 37.8% | 34.0% |
% WFH | 2.2% | 214.3% |
% w/ College Degree | 10.5% | 81.0% |
As of the latest ACS Survey released in 2023, Rich Square, NC is a predominantly black area, with 66.3% of the population identifying as black. The black population has shrunk by 3.9% in the last 5 years. The second most common race or ethnicity in Rich Square, NC is white, making up 25.6% of the population. Foreign-born residents account for 1.7% of the population in Rich Square, NC, and this percentage has increased by Inf% 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 | 25.6% | -14.4% |
% Black | 66.3% | -3.9% |
% Hispanic | 5.6% | 409.1% |
% Asian | 0.7% | ∞% |
% Foreign Born | 1.7% | ∞% |
Mortgage and Risk — Rich Square, NC
According to HUD data as of 2023, there were 8 mortgage originations in Rich Square, NC, of which 62.0% of loans were conventional mortgages. The average loan-to-value was 79.0%, with 62.0% above 90% LTV (very high). This implies large mortgage risk in Rich Square, NC. Investor activity is low, as 0.0% of loans were by investors. 0.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 8 |
% Conventional Loans | 62.0% |
% Government Loans | 38.0% |
% Investor Loans | 0.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 0.0% |
Rentals and Section 8 — Rich Square, NC
Rich Square, NC lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 8 |
Total Units Section 8 | 8 |
% 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 | $750 |
| 2 Bedroom | N/A | N/A | $990 |
| 3 Bedroom | N/A | N/A | $1,190 |
| 4 Bedroom | N/A | N/A | $1,360 |
Affordability — Rich Square, NC
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 1.7 |
| Median Home Price | $73,000 |
| Median Household Income | $41,800 |