Polkton, NC—28135
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Polkton, NC
As of Oct '25, the median home price in Polkton, NC is $162,000, with a year-over-year change of -10.4%. This indicates that home prices in Polkton, NC are decreasing. According to Zillow, the 1-year price projection is 2.2%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $162,000 | -10.4% |
| Single Family | $162,000 | -9.5% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $148,000 | -4.5% |
3 Bed | $187,000 | -6.5% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Polkton, NC
Polkton, NC lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,000 | $1,500 |
| Studio Rent | $1,000 | $1,000 |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | $2,000 | $2,000 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Polkton, NC
As of Oct '25, Realtor.com reports that the median days on market for a home in Polkton, NC is 55. This is a increase of 51.0% 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 0.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $600,000 | 7.0% |
Listing Count | 10 | 81.0% |
| Listings as % of Homes | 0.4% | 81.0% |
Days on Market | 55 | 51.0% |
Demographics — Polkton, NC
As of the latest ACS Survey released in 2023, Polkton, NC has a population of 5,090, which has decreased by -15.2% over the past 5 years. Polkton, NC is a less popular place for families, as children make up 14.8% of the population. The area has a poorly educated workforce, with 9.4% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 8.1% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 5,090 | -15.2% |
% Under 18 | 14.8% | -4.5% |
% Seniors | 17.6% | 32.3% |
% WFH | 8.1% | 1,250.0% |
% w/ College Degree | 9.4% | 28.8% |
As of the latest ACS Survey released in 2023, Polkton, NC is a predominantly white area, with 52.8% of the population identifying as white. The white population has grown by 17.6% in the last 5 years. The second most common race or ethnicity in Polkton, NC is black, making up 36.2% of the population. Foreign-born residents account for 2.6% of the population in Polkton, NC, and this percentage has decreased by 33.3% 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 | 52.8% | 17.6% |
% Black | 36.2% | -20.6% |
% Hispanic | 6.9% | 86.5% |
% Asian | 0.3% | -88.0% |
% Foreign Born | 2.6% | -33.3% |
Mortgage and Risk — Polkton, NC
According to HUD data as of 2023, there were 101 mortgage originations in Polkton, NC, of which 72.0% of loans were conventional mortgages. The average loan-to-value was 74.0%, with 47.0% above 90% LTV (very high). This implies large mortgage risk in Polkton, NC. Investor activity is low, as 0.0% of loans were by investors. 4.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 101 |
% Conventional Loans | 72.0% |
% Government Loans | 28.0% |
% Investor Loans | 0.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 4.0% |
Loan Activity
Rentals and Section 8 — Polkton, NC
Polkton, NC lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 7 |
Total Units Section 8 | 7 |
% Rentals under Section 8 | 1.9% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $910 |
| 2 Bedroom | N/A | N/A | $1,200 |
| 3 Bedroom | -$550 | $2,000 | $1,450 |
| 4 Bedroom | N/A | N/A | $1,710 |
Affordability — Polkton, NC
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.4 |
| Median Home Price | $162,000 |
| Median Household Income | $65,300 |