Dudley, NC—28333
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Dudley, NC
As of Oct '25, the median home price in Dudley, NC is $127,000, with a year-over-year change of -6.9%. This indicates that home prices in Dudley, NC are decreasing. According to Zillow, the 1-year price projection is -0.9%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $127,000 | -6.9% |
| Single Family | $127,000 | -5.9% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $107,000 | -8.5% |
3 Bed | $166,000 | -4.0% |
4 Bed | $235,000 | -0.8% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Dudley, NC
As of July '25, Rentcast reports the average rent in Dudley, NC is $933, with a year-over-year rent change of -18.2%. Per bedroom, the median rent as of July '25 in Dudley, NC is studios: $250, 2-bedrooms: $850, 3-bedrooms: $1,630. The most common rental property sizes in Dudley, NC are 3-bedroom and 2-bedroom, accounting for 50.2% and 39.9% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $850 | $933 |
| Studio Rent | $250 | $250 |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | $850 | $850 |
| 3 Bed Rent | $1,500 | $1,630 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Dudley, NC
As of Oct '25, Realtor.com reports that the median days on market for a home in Dudley, NC is 64. This is a decrease of -21.0% 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 30.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $263,000 | 1.0% |
Listing Count | 20 | -10.0% |
| Listings as % of Homes | 0.5% | -10.0% |
Days on Market | 64 | -21.0% |
Demographics — Dudley, NC
As of the latest ACS Survey released in 2023, Dudley, NC has a population of 10,400, which has decreased by -5.8% over the past 5 years. Dudley, NC is a popular place for families, as children make up 28.6% of the population. The area has a poorly educated workforce, with 10.8% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 4.2% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 10,400 | -5.8% |
% Under 18 | 28.6% | -14.6% |
% Seniors | 14.2% | 3.6% |
% WFH | 4.2% | 121.1% |
% w/ College Degree | 10.8% | 10.2% |
As of the latest ACS Survey released in 2023, Dudley, NC is a predominantly hispanic area, with 37.8% of the population identifying as hispanic. The hispanic population has grown by 9.6% in the last 5 years. The second most common race or ethnicity in Dudley, NC is black, making up 37.0% of the population. Foreign-born residents account for 20.7% of the population in Dudley, NC, and this percentage has increased by 26.2% 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 | 21.4% | -4.9% |
% Black | 37.0% | -8.2% |
% Hispanic | 37.8% | 9.6% |
% Asian | 0.8% | 166.7% |
% Foreign Born | 20.7% | 26.2% |
Mortgage and Risk — Dudley, NC
According to HUD data as of 2023, there were 153 mortgage originations in Dudley, NC, of which 63.0% of loans were conventional mortgages. The average loan-to-value was 75.0%, with 48.0% above 90% LTV (very high). This implies large mortgage risk in Dudley, NC. Investor activity is low, as 3.0% of loans were by investors. 12.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 153 |
% Conventional Loans | 63.0% |
% Government Loans | 37.0% |
% Investor Loans | 3.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 12.0% |
Loan Activity
Rentals and Section 8 — Dudley, NC
Dudley, NC lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 25 |
Total Units Section 8 | 25 |
% Rentals under Section 8 | 1.8% |
% Occupied Section 8 | 65.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $810 |
| 2 Bedroom | $210 | $850 | $1,060 |
| 3 Bedroom | -$200 | $1,500 | $1,300 |
| 4 Bedroom | N/A | N/A | $1,720 |
Affordability — Dudley, NC
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.9 |
| Median Home Price | $127,000 |
| Median Household Income | $40,800 |