Whitakers, NC—27891
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Whitakers, NC
As of Oct '25, the median home price in Whitakers, NC is $166,000, with a year-over-year change of -4.3%. This indicates that home prices in Whitakers, NC are decreasing. According to Zillow, the 1-year price projection is 2.5%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $166,000 | -4.3% |
| Single Family | $166,000 | -3.5% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $106,000 | -9.4% |
3 Bed | $166,000 | -3.5% |
4 Bed | $198,000 | -1.0% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Whitakers, NC
Whitakers, 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 — Whitakers, NC
As of Oct '25, Realtor.com reports that the median days on market for a home in Whitakers, NC is 48. This is a decrease of -23.0% 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 15.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $285,000 | 18.0% |
Listing Count | 13 | 41.0% |
| Listings as % of Homes | 0.4% | 41.0% |
Days on Market | 48 | -23.0% |
Demographics — Whitakers, NC
As of the latest ACS Survey released in 2023, Whitakers, NC has a population of 4,480, which has decreased by -16.3% over the past 5 years. Whitakers, NC is a moderately popular place for families, as children make up 16.6% of the population. The area has a poorly educated workforce, with 10.3% 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 | 4,480 | -16.3% |
% Under 18 | 16.6% | -9.3% |
% Seniors | 13.5% | -26.2% |
% WFH | 4.4% | 33.3% |
% w/ College Degree | 10.3% | 15.7% |
As of the latest ACS Survey released in 2023, Whitakers, NC is a predominantly black area, with 66.9% of the population identifying as black. The black population has grown by 6.4% in the last 5 years. The second most common race or ethnicity in Whitakers, NC is white, making up 29.0% of the population. Foreign-born residents account for 0.7% of the population in Whitakers, NC, and this percentage has decreased by 36.4% 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 | 29.0% | -4.0% |
% Black | 66.9% | 6.4% |
% Hispanic | 1.3% | 0.0% |
% Asian | 0.0% | -100.0% |
% Foreign Born | 0.7% | -36.4% |
Mortgage and Risk — Whitakers, NC
According to HUD data as of 2023, there were 107 mortgage originations in Whitakers, NC, of which 73.0% of loans were conventional mortgages. The average loan-to-value was 69.0%, with 36.0% above 90% LTV (very high). This implies large mortgage risk in Whitakers, NC. Investor activity is low, as 3.0% of loans were by investors. 6.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 107 |
% Conventional Loans | 73.0% |
% Government Loans | 27.0% |
% Investor Loans | 3.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 6.0% |
Loan Activity
Rentals and Section 8 — Whitakers, NC
Whitakers, 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 | 2.8% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $980 |
| 2 Bedroom | N/A | N/A | $1,220 |
| 3 Bedroom | N/A | N/A | $1,660 |
| 4 Bedroom | N/A | N/A | $1,920 |
Affordability — Whitakers, NC
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.3 |
| Median Home Price | $166,000 |
| Median Household Income | $65,800 |