Weldon, NC—27890
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Weldon, NC
As of Oct '25, the median home price in Weldon, NC is $56,000, with a year-over-year change of -5.9%. This indicates that home prices in Weldon, NC are decreasing. According to Zillow, the 1-year price projection is -1.0%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $56,000 | -5.9% |
| Single Family | $56,000 | -3.4% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $35,000 | -5.4% |
3 Bed | $64,000 | -4.5% |
4 Bed | $117,000 | 1.7% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Weldon, NC
As of July '25, Rentcast reports the average rent in Weldon, NC is $950, with a year-over-year rent change of -15.2%. Per bedroom, the median rent as of July '25 in Weldon, NC is 3-bedrooms: $950. The most common rental property sizes in Weldon, NC are 3-bedroom and 2-bedroom, accounting for 39.7% and 33.0% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $950 | $950 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | $950 | $950 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Weldon, NC
As of Oct '25, Realtor.com reports that the median days on market for a home in Weldon, NC is 89. This is a decrease of -72.0% 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 | $135,000 | 42.0% |
Listing Count | 3 | 450.0% |
| Listings as % of Homes | 0.6% | 450.0% |
Days on Market | 89 | -72.0% |
Demographics — Weldon, NC
As of the latest ACS Survey released in 2023, Weldon, NC has a population of 2,350, which has decreased by -15.4% over the past 5 years. Weldon, NC is a popular place for families, as children make up 28.3% of the population. The area has a poorly educated workforce, with 12.0% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 0.4% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 2,350 | -15.4% |
% Under 18 | 28.3% | -13.2% |
% Seniors | 16.9% | -15.1% |
% WFH | 0.4% | -87.1% |
% w/ College Degree | 12.0% | -9.1% |
As of the latest ACS Survey released in 2023, Weldon, NC is a predominantly black area, with 84.5% of the population identifying as black. The black population has grown by 4.7% in the last 5 years. The second most common race or ethnicity in Weldon, NC is white, making up 12.8% of the population. Foreign-born residents account for 0.9% of the population in Weldon, NC, and this percentage has increased by 125.0% 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 | 12.8% | -29.7% |
% Black | 84.5% | 4.7% |
% Hispanic | 0.7% | -53.3% |
% Asian | 0.0% | N/A |
% Foreign Born | 0.9% | 125.0% |
Mortgage and Risk — Weldon, NC
According to HUD data as of 2023, there were 26 mortgage originations in Weldon, NC, of which 54.0% of loans were conventional mortgages. The average loan-to-value was 74.0%, with 46.0% above 90% LTV (very high). This implies large mortgage risk in Weldon, NC. Investor activity is low, as 4.0% 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 | 26 |
% Conventional Loans | 54.0% |
% Government Loans | 46.0% |
% Investor Loans | 4.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 12.0% |
Loan Activity
Rentals and Section 8 — Weldon, NC
Weldon, NC lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 156 |
Total Units Section 8 | 74 |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | 68.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $740 |
| 2 Bedroom | N/A | N/A | $930 |
| 3 Bedroom | $190 | $950 | $1,140 |
| 4 Bedroom | N/A | N/A | $1,390 |
Affordability — Weldon, NC
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 1.9 |
| Median Home Price | $56,000 |
| Median Household Income | $31,500 |