View in Interactive Map
  1. Home
  2. /Browse ZIP Codes
  3. /North Carolina
  4. /Albemarle, NC - 28001

Albemarle, NC—28001

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$266,000
1.0% YoY Growth
Household Income
$55,600
23.2% YoY Growth
Days on Market
62
39.0% Longer YoY
Home Price Forecast
2.1%
Median Rent
$1,450
3.9% YoY Growth
1-Bed Rent
$925
1.8% YoY Growth
2-Bed Rent
$1,050
2.4% YoY Growth
3-Bed Rent
$1,700
1.8% YoY Growth
  • Home Price Trends
  • Rental Trends
  • Property Listings
  • Demographics
  • Mortgage and Risk

Home Price Trends — Albemarle, NC

As of May '26, the median home price in Albemarle, NC is $266,000, with a year-over-year change of 1.0%. This indicates that home prices in Albemarle, NC are flat. According to Zillow, the 1-year price projection is 2.1%, suggesting an increase housing market in the next year.

Cost per Home Type

Home TypeMedian Home ValueYoY % Change
All Homes
$266,0001.0%
Single Family $266,0001.1%
Condos N/AN/A

Cost per Home Size

Home SizeMedian Home ValueYoY % Change
1 Bed

Browse ZIP Codes by State

All states and cities →
  • Alabama
  • Alaska
  • Arizona
  • Arkansas
  • California
  • Colorado
  • Connecticut
  • Delaware
  • District of Columbia
  • Florida
  • Georgia
  • Hawaii
  • Idaho
  • Illinois
  • Indiana
  • Iowa
  • Kansas
  • Kentucky
  • Louisiana
  • Maine
  • Maryland
  • Massachusetts
  • Michigan
  • Minnesota
  • Mississippi
  • Missouri
  • Montana
  • Nebraska
  • Nevada
  • New Hampshire
  • New Jersey
  • New Mexico
  • New York
  • North Carolina
  • North Dakota
  • Ohio
  • Oklahoma
  • Oregon
  • Pennsylvania
  • Puerto Rico
  • Rhode Island
  • South Carolina
  • South Dakota
  • Tennessee
  • Texas
  • Utah
  • Vermont
  • Virginia
  • Washington
  • West Virginia
  • Wisconsin
  • Wyoming
  • Affordability
  • Rentals and Section 8
    • $127,000
    0.0%
    2 Bed
    		$179,0000.6%
    3 Bed
    		$283,0001.1%
    4 Bed
    		$358,0000.3%
    5 Bed $420,104-2.0%
    Loading chart...

    % of Housing Stock

    Studio
    1.1%
    1 Bedroom
    10.2%
    2 Bedrooms
    27.8%
    3 Bedrooms
    47.3%
    4 Bedrooms
    11.8%
    5+ Bedrooms
    1.8%

    Rental Trends — Albemarle, NC

    As of July '25, Rentcast reports the average rent in Albemarle, NC is $1,460, with a year-over-year rent change of -3.9%. Per bedroom, the median rent as of July '25 in Albemarle, NC is studios: $1,350, 1-bedrooms: $1,100, 2-bedrooms: $1,220, 3-bedrooms: $1,730, 4-bedrooms: $1,850. The most common rental property sizes in Albemarle, NC are 3-bedroom and 2-bedroom, accounting for 34.7% and 32.4% of the rental stock.

    TypeMedian RentAverage Rent
    Average Rent$1,450$1,460
    Studio Rent $1,350$1,350
    1 Bed Rent $925$1,100
    2 Bed Rent $1,050$1,220
    3 Bed Rent $1,700$1,730
    4 Bed Rent $1,600$1,850
    Loading chart...

    % of Rental Stock

    Studio
    2.3%
    1 Bedroom
    25.2%
    2 Bedrooms
    32.4%
    3 Bedrooms
    34.7%
    4 Bedrooms
    5.1%
    5+ Bedrooms
    0.3%

    Property Listings — Albemarle, NC

    As of May '26, Realtor.com reports that the median days on market for a home in Albemarle, NC is 62. This is a increase of 39.0% 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 26.0%, representing a large inventory and a lot of supply pressure on home prices.

    MetricZip Code AverageYear over Year % Change
    Median Listing Price
    		$289,0004.0%
    Listing Count
    		20216.0%
    Listings as % of Homes1.0%16.0%
    Days on Market
    		6239.0%
    Loading chart...

    Demographics — Albemarle, NC

    As of the latest ACS Survey released in 2023, Albemarle, NC has a population of 26,200, which has decreased by -1.6% over the past 5 years. Albemarle, NC is a moderately popular place for families, as children make up 20.2% of the population. The area has a poorly educated workforce, with 20.6% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 7.0% reporting working from home.

    MetricLatest CensusYoY % Change
    Population
    		26,200-1.6%
    % Under 18
    		20.2%-11.8%
    % Seniors
    		21.8%11.2%
    % WFH
    		7.0%204.3%
    % w/ College Degree
    		20.6%29.6%
    Loading chart...

    As of the latest ACS Survey released in 2023, Albemarle, NC is a predominantly white area, with 74.6% of the population identifying as white. The white population has shrunk by 2.4% in the last 5 years. The second most common race or ethnicity in Albemarle, NC is black, making up 14.9% of the population. Foreign-born residents account for 4.5% of the population in Albemarle, NC, and this percentage has increased by 40.6% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

    Race and Ethnicity

    MetricLatest Census5-Year % Change
    % White
    		74.6%-2.4%
    % Black
    		14.9%0.7%
    % Hispanic
    		5.3%12.8%
    % Asian
    		2.7%50.0%
    % Foreign Born
    		4.5%40.6%
    Loading chart...

    Mortgage and Risk — Albemarle, NC

    According to HUD data as of 2023, there were 874 mortgage originations in Albemarle, NC, of which 72.0% of loans were conventional mortgages. The average loan-to-value was 66.0%, with 40.0% above 90% LTV (very high). This implies large mortgage risk in Albemarle, NC. Investor activity is low, as 1.0% of loans were by investors. 8.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

    Mortgages

    MetricZip Code Average
    Total Loan Originations
    		874
    % Conventional Loans
    		72.0%
    % Government Loans
    		28.0%
    % Investor Loans
    		1.0%
    % Second Loans
    		1.0%
    % Cash Out Refinance
    		8.0%
    Loading chart...
    Loading chart...

    Rentals and Section 8 — Albemarle, NC

    Albemarle, NC lacks sufficient Section 8 program data for analysis.

    Section 8 Market Size

    Total Units under HUD
    		619
    Total Units Section 8
    		315
    % Rentals under Section 8
    		N/A
    % Occupied Section 8
    		88.0%

    Section 8 Opportunity

    Home SizeHUD PremiumMarket RentMax HUD Rent
    1 Bedroom-$155$925$770
    2 Bedroom-$40$1,050$1,010
    3 Bedroom-$320$1,700$1,380
    4 Bedroom$80$1,600$1,680

    Affordability — Albemarle, NC

    Home Price to Income Ratio

    MetricZip Code Average
    Home Price to Income Ratio4.3
    Median Home Price$266,000
    Median Household Income$55,600

    Albemarle, NC — ZIP Code Boundary Map

    Loading map...

    Nearby ZIP Codes

    New London, NC

    28127

    Badin

    28009

    Norwood, NC

    28128

    Oakboro, NC

    28129

    Misenheimer

    28109

    Frequently Asked Questions