Deep Run, NC—28525
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Deep Run, NC
As of Nov '25, the median home price in Deep Run, NC is $143,000, with a year-over-year change of 1.2%. This indicates that home prices in Deep Run, NC are increasing. According to Zillow, the 1-year price projection is 4.7%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $143,000 | 1.2% |
| Single Family | $143,000 | 1.4% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $105,000 | 4.0% |
3 Bed | $194,000 | 2.6% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Deep Run, NC
As of July '25, Rentcast reports the average rent in Deep Run, NC is $1,090, with a year-over-year rent change of 21.1%. Per bedroom, the median rent as of July '25 in Deep Run, NC is 2-bedrooms: $775, 3-bedrooms: $1,400. The most common rental property sizes in Deep Run, NC are 3-bedroom and 2-bedroom, accounting for 80.1% and 16.9% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $800 | $1,090 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | $750 | $775 |
| 3 Bed Rent | $1,200 | $1,400 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Deep Run, NC
As of Nov '25, Realtor.com reports that the median days on market for a home in Deep Run, NC is 103. This is a decrease of -2.0% 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 21.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $260,000 | -6.0% |
Listing Count | 19 | 135.0% |
| Listings as % of Homes | 0.4% | 135.0% |
Days on Market | 103 | -2.0% |
Demographics — Deep Run, NC
As of the latest ACS Survey released in 2023, Deep Run, NC has a population of 2,680, which has decreased by -8.1% over the past 5 years. Deep Run, NC is a moderately popular place for families, as children make up 16.8% of the population. The area has a poorly educated workforce, with 9.8% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 1.1% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 2,680 | -8.1% |
% Under 18 | 16.8% | -44.9% |
% Seniors | 23.6% | 36.4% |
% WFH | 1.1% | ∞% |
% w/ College Degree | 9.8% | 16.7% |
As of the latest ACS Survey released in 2023, Deep Run, NC is a predominantly white area, with 63.0% of the population identifying as white. The white population has shrunk by 21.6% in the last 5 years. The second most common race or ethnicity in Deep Run, NC is hispanic, making up 27.0% of the population. Foreign-born residents account for 16.0% of the population in Deep Run, NC, and this percentage has increased by 233.3% 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 | 63.0% | -21.6% |
% Black | 14.7% | 6.5% |
% Hispanic | 27.0% | 125.0% |
% Asian | 0.5% | ∞% |
% Foreign Born | 16.0% | 233.3% |
Mortgage and Risk — Deep Run, NC
According to HUD data as of 2023, there were 42 mortgage originations in Deep Run, NC, of which 71.0% of loans were conventional mortgages. The average loan-to-value was 73.0%, with 40.0% above 90% LTV (very high). This implies large mortgage risk in Deep Run, NC. Investor activity is low, as 2.0% of loans were by investors. 5.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 42 |
% Conventional Loans | 71.0% |
% Government Loans | 29.0% |
% Investor Loans | 2.0% |
% Second Loans | 2.0% |
% Cash Out Refinance | 5.0% |
Rentals and Section 8 — Deep Run, NC
Deep Run, NC lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 8 |
Total Units Section 8 | 8 |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $740 |
| 2 Bedroom | $180 | $750 | $930 |
| 3 Bedroom | $80 | $1,200 | $1,280 |
| 4 Bedroom | N/A | N/A | $1,470 |
Affordability — Deep Run, NC
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.5 |
| Median Home Price | $143,000 |
| Median Household Income | $53,800 |