Waterlily, NC—27923
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Waterlily, NC
As of Oct '25, the median home price in Waterlily, NC is $404,000, with a year-over-year change of 1.4%. This indicates that home prices in Waterlily, NC are increasing. According to Zillow, the 1-year price projection is 1.7%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $404,000 | 1.4% |
| Single Family | $404,000 | 0.5% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | $409,000 | 1.5% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Waterlily, NC
Waterlily, 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 — Waterlily, NC
As of Oct '25, Realtor.com reports that the median days on market for a home in Waterlily, NC is 98. This is a decrease of -33.0% 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 | $532,000 | 8.0% |
Listing Count | 7 | 111.0% |
| Listings as % of Homes | 1.5% | 111.0% |
Days on Market | 98 | -33.0% |
Demographics — Waterlily, NC
As of the latest ACS Survey released in 2023, Waterlily, NC has a population of 479, which has decreased by -29.8% over the past 5 years. Waterlily, NC is a less popular place for families, as children make up 9.8% of the population. The area has a highly educated workforce, with 48.0% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 0.0% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 479 | -29.8% |
% Under 18 | 9.8% | -60.5% |
% Seniors | 30.7% | 74.4% |
% WFH | 0.0% | -100.0% |
% w/ College Degree | 48.0% | 205.7% |
As of the latest ACS Survey released in 2023, Waterlily, NC is a predominantly white area, with 78.9% of the population identifying as white. The white population has shrunk by 19.6% in the last 5 years. The second most common race or ethnicity in Waterlily, NC is hispanic, making up 6.3% of the population. Foreign-born residents account for 4.2% of the population in Waterlily, NC, and this percentage has increased by 250.0% 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 | 78.9% | -19.6% |
% Black | 2.9% | ∞% |
% Hispanic | 6.3% | ∞% |
% Asian | 2.9% | ∞% |
% Foreign Born | 4.2% | 250.0% |
Mortgage and Risk — Waterlily, NC
Waterlily, NC lacks sufficient mortgage origination data for analysis.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | N/A |
% Conventional Loans | N/A |
% Government Loans | N/A |
% Investor Loans | N/A |
% Second Loans | N/A |
% Cash Out Refinance | N/A |
Loan Activity
No data available
Rentals and Section 8 — Waterlily, NC
Waterlily, 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 | 33.3% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $1,350 |
| 2 Bedroom | N/A | N/A | $1,540 |
| 3 Bedroom | N/A | N/A | $2,140 |
| 4 Bedroom | N/A | N/A | $2,550 |
Affordability — Waterlily, NC
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 5.5 |
| Median Home Price | $404,000 |
| Median Household Income | $68,800 |