Dunn, NC—28334
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Dunn, NC
As of Oct '25, the median home price in Dunn, NC is $213,000, with a year-over-year change of -2.7%. This indicates that home prices in Dunn, NC are decreasing. According to Zillow, the 1-year price projection is 2.9%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $213,000 | -2.7% |
| Single Family | $213,000 | -2.3% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $155,000 | -4.3% |
3 Bed | $233,000 | -1.3% |
4 Bed | $323,000 | -0.3% |
| 5 Bed | $383,000 | -1.8% |
% of Housing Stock
Rental Trends — Dunn, NC
As of July '25, Rentcast reports the average rent in Dunn, NC is $1,520, with a year-over-year rent change of 0.0%. Per bedroom, the median rent as of July '25 in Dunn, NC is studios: $750, 1-bedrooms: $1,220, 2-bedrooms: $1,280, 3-bedrooms: $1,740, 4-bedrooms: $1,990. The most common rental property sizes in Dunn, NC are 2-bedroom and 3-bedroom, accounting for 46.2% and 32.6% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,630 | $1,520 |
| Studio Rent | $700 | $750 |
| 1 Bed Rent | $1,050 | $1,220 |
| 2 Bed Rent | $1,050 | $1,280 |
| 3 Bed Rent | $1,700 | $1,740 |
| 4 Bed Rent | $1,980 | $1,990 |
% of Rental Stock
Property Listings — Dunn, NC
As of Oct '25, Realtor.com reports that the median days on market for a home in Dunn, NC is 67. This is a decrease of -12.0% 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 28.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $300,000 | 8.0% |
Listing Count | 143 | 10.0% |
| Listings as % of Homes | 0.9% | 10.0% |
Days on Market | 67 | -12.0% |
Demographics — Dunn, NC
As of the latest ACS Survey released in 2023, Dunn, NC has a population of 22,400, which has decreased by -9.6% over the past 5 years. Dunn, NC is a moderately popular place for families, as children make up 21.7% of the population. The area has a poorly educated workforce, with 17.6% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 4.8% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 22,400 | -9.6% |
% Under 18 | 21.7% | 1.4% |
% Seniors | 20.2% | 9.2% |
% WFH | 4.8% | 65.5% |
% w/ College Degree | 17.6% | 23.1% |
As of the latest ACS Survey released in 2023, Dunn, NC is a predominantly white area, with 63.6% of the population identifying as white. The white population has shrunk by 5.6% in the last 5 years. The second most common race or ethnicity in Dunn, NC is black, making up 20.5% of the population. Foreign-born residents account for 5.0% of the population in Dunn, NC, and this percentage has increased by 31.6% 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 | 63.6% | -5.6% |
% Black | 20.5% | -8.5% |
% Hispanic | 13.1% | 72.4% |
% Asian | 0.4% | 100.0% |
% Foreign Born | 5.0% | 31.6% |
Mortgage and Risk — Dunn, NC
According to HUD data as of 2023, there were 416 mortgage originations in Dunn, NC, of which 65.0% of loans were conventional mortgages. The average loan-to-value was 67.0%, with 41.0% above 90% LTV (very high). This implies large mortgage risk in Dunn, 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
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 416 |
% Conventional Loans | 65.0% |
% Government Loans | 35.0% |
% Investor Loans | 1.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 8.0% |
Loan Activity
Rentals and Section 8 — Dunn, NC
As of 2024, the percent of homes in Dunn, NC under the Section 8 program is 9.4%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. In Dunn, NC, all tracked home sizes have HUD payment amounts above market rent, suggesting strong Section 8 opportunity across the board.
Section 8 Market Size
Total Units under HUD | 423 |
Total Units Section 8 | 251 |
% Rentals under Section 8 | 9.4% |
% Occupied Section 8 | 86.6% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $270 | $1,050 | $1,320 |
| 2 Bedroom | $440 | $1,050 | $1,490 |
| 3 Bedroom | $140 | $1,700 | $1,840 |
| 4 Bedroom | $460 | $1,980 | $2,440 |
Affordability — Dunn, NC
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.5 |
| Median Home Price | $213,000 |
| Median Household Income | $54,500 |