Sims, NC—27880
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Sims, NC
As of Nov '25, the median home price in Sims, NC is $298,000, with a year-over-year change of 1.0%. This indicates that home prices in Sims, NC are flat. According to Zillow, the 1-year price projection is 2.6%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $298,000 | 1.0% |
| Single Family | $299,000 | 1.4% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $146,000 | 1.4% |
3 Bed | $301,000 | 1.3% |
4 Bed | $466,000 | 3.6% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Sims, NC
As of July '25, Rentcast reports the average rent in Sims, NC is $2,100, with a year-over-year rent change of 20.0%. Per bedroom, the median rent as of July '25 in Sims, NC is 3-bedrooms: $2,100. The most common rental property sizes in Sims, NC are 3-bedroom and 4-bedroom, accounting for 46.7% and 36.7% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,900 | $2,100 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | $1,900 | $2,100 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Sims, NC
As of Nov '25, Realtor.com reports that the median days on market for a home in Sims, NC is 61. This is a decrease of -59.0% 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 43.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $338,000 | -4.0% |
Listing Count | 37 | 11.0% |
| Listings as % of Homes | 0.2% | 11.0% |
Days on Market | 61 | -59.0% |
Demographics — Sims, NC
As of the latest ACS Survey released in 2023, Sims, NC has a population of 3,980, which has increased by 22.6% over the past 5 years. Sims, NC is a moderately popular place for families, as children make up 22.2% of the population. The area has a poorly educated workforce, with 11.2% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 4.4% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 3,980 | 22.6% |
% Under 18 | 22.2% | 2.8% |
% Seniors | 24.3% | 29.9% |
% WFH | 4.4% | -2.2% |
% w/ College Degree | 11.2% | -23.8% |
As of the latest ACS Survey released in 2023, Sims, NC is a predominantly white area, with 67.1% of the population identifying as white. The white population has grown by 15.7% in the last 5 years. The second most common race or ethnicity in Sims, NC is hispanic, making up 16.9% of the population. Foreign-born residents account for 9.8% of the population in Sims, NC, and this percentage has increased by 2.1% 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 | 67.1% | 15.7% |
% Black | 10.8% | -51.1% |
% Hispanic | 16.9% | -13.3% |
% Asian | 2.9% | ∞% |
% Foreign Born | 9.8% | 2.1% |
Mortgage and Risk — Sims, NC
According to HUD data as of 2023, there were 65 mortgage originations in Sims, NC, of which 82.0% of loans were conventional mortgages. The average loan-to-value was 62.0%, with 31.0% above 90% LTV (very high). This implies large mortgage risk in Sims, NC. Investor activity is low, as 2.0% 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 | 65 |
% Conventional Loans | 82.0% |
% Government Loans | 18.0% |
% Investor Loans | 2.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 8.0% |
Rentals and Section 8 — Sims, NC
Sims, NC lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | N/A |
Total Units Section 8 | N/A |
% 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 | $780 |
| 2 Bedroom | N/A | N/A | $990 |
| 3 Bedroom | -$620 | $1,900 | $1,280 |
| 4 Bedroom | N/A | N/A | $1,470 |
Affordability — Sims, NC
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.5 |
| Median Home Price | $298,000 |
| Median Household Income | $76,900 |