Gold Hill, NC—28071
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Gold Hill, NC
As of Oct '25, the median home price in Gold Hill, NC is $316,000, with a year-over-year change of -0.4%. This indicates that home prices in Gold Hill, NC are flat. According to Zillow, the 1-year price projection is 2.0%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $316,000 | -0.4% |
| Single Family | $316,000 | -0.3% |
| 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 | $380,000 | 0.8% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Gold Hill, NC
As of July '25, Rentcast reports the average rent in Gold Hill, NC is $1,300, with a year-over-year rent change of -26.1%. Per bedroom, the median rent as of July '25 in Gold Hill, NC is 2-bedrooms: $1,100, 3-bedrooms: $1,500. The most common rental property sizes in Gold Hill, NC are 2-bedroom and 3-bedroom, accounting for 72.5% and 20.6% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,100 | $1,300 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | $1,100 | $1,100 |
| 3 Bed Rent | $1,500 | $1,500 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Gold Hill, NC
As of Oct '25, Realtor.com reports that the median days on market for a home in Gold Hill, NC is 35. This is a decrease of -26.0% 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 100.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $520,000 | 50.0% |
Listing Count | 6 | -36.0% |
| Listings as % of Homes | 0.2% | -36.0% |
Days on Market | 35 | -26.0% |
Demographics — Gold Hill, NC
As of the latest ACS Survey released in 2023, Gold Hill, NC has a population of 3,060, which has increased by 15.4% over the past 5 years. Gold Hill, NC is a moderately popular place for families, as children make up 15.1% of the population. The area has a poorly educated workforce, with 13.5% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 5.5% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 3,060 | 15.4% |
% Under 18 | 15.1% | -12.7% |
% Seniors | 15.2% | -13.1% |
% WFH | 5.5% | -44.4% |
% w/ College Degree | 13.5% | -22.4% |
As of the latest ACS Survey released in 2023, Gold Hill, NC is a predominantly white area, with 94.9% of the population identifying as white. The white population has shrunk by 0.4% in the last 5 years. The second most common race or ethnicity in Gold Hill, NC is hispanic, making up 3.5% of the population. Foreign-born residents account for 3.2% of the population in Gold Hill, NC, and this percentage has increased by 113.3% 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 | 94.9% | -0.4% |
% Black | 0.0% | -100.0% |
% Hispanic | 3.5% | 1,650.0% |
% Asian | 0.0% | N/A |
% Foreign Born | 3.2% | 113.3% |
Mortgage and Risk — Gold Hill, NC
According to HUD data as of 2023, there were 44 mortgage originations in Gold Hill, NC, of which 77.0% of loans were conventional mortgages. The average loan-to-value was 61.0%, with 20.0% above 90% LTV (very high). This implies large mortgage risk in Gold Hill, NC. Investor activity is low, as 0.0% of loans were by investors. 7.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 44 |
% Conventional Loans | 77.0% |
% Government Loans | 23.0% |
% Investor Loans | 0.0% |
% Second Loans | 2.0% |
% Cash Out Refinance | 7.0% |
Loan Activity
Rentals and Section 8 — Gold Hill, NC
Gold Hill, NC lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 1 |
Total Units Section 8 | 1 |
% Rentals under Section 8 | 0.6% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $960 |
| 2 Bedroom | $50 | $1,100 | $1,150 |
| 3 Bedroom | -$10 | $1,500 | $1,490 |
| 4 Bedroom | N/A | N/A | $1,900 |
Affordability — Gold Hill, NC
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.5 |
| Median Home Price | $316,000 |
| Median Household Income | $82,300 |