Havelock, NC—28532
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Havelock, NC
As of Nov '25, the median home price in Havelock, NC is $228,000, with a year-over-year change of 4.2%. This indicates that home prices in Havelock, NC are increasing. According to Zillow, the 1-year price projection is 3.5%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $228,000 | 4.2% |
| Single Family | $228,000 | 4.1% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $146,000 | 7.4% |
3 Bed | $239,000 | 3.9% |
4 Bed | $287,000 | 3.6% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Havelock, NC
As of July '25, Rentcast reports the average rent in Havelock, NC is $1,510, with a year-over-year rent change of 11.9%. Per bedroom, the median rent as of July '25 in Havelock, NC is 1-bedrooms: $750, 2-bedrooms: $1,190, 3-bedrooms: $1,760, 4-bedrooms: $1,920. The most common rental property sizes in Havelock, NC are 3-bedroom and 2-bedroom, accounting for 48.0% and 34.6% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,400 | $1,510 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $750 | $750 |
| 2 Bed Rent | $1,160 | $1,190 |
| 3 Bed Rent | $1,620 | $1,760 |
| 4 Bed Rent | $1,900 | $1,920 |
% of Rental Stock
Property Listings — Havelock, NC
As of Nov '25, Realtor.com reports that the median days on market for a home in Havelock, NC is 61. This is a decrease of -6.0% 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 | $279,000 | -6.0% |
Listing Count | 95 | 36.0% |
| Listings as % of Homes | 0.6% | 36.0% |
Days on Market | 61 | -6.0% |
Demographics — Havelock, NC
As of the latest ACS Survey released in 2023, Havelock, NC has a population of 19,900, which has decreased by -10.3% over the past 5 years. Havelock, NC is a popular place for families, as children make up 27.0% of the population. The area has a poorly educated workforce, with 18.6% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 6.3% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 19,900 | -10.3% |
% Under 18 | 27.0% | -2.9% |
% Seniors | 8.5% | -8.6% |
% WFH | 6.3% | 162.5% |
% w/ College Degree | 18.6% | -5.6% |
As of the latest ACS Survey released in 2023, Havelock, NC is a predominantly white area, with 58.0% of the population identifying as white. The white population has shrunk by 3.7% in the last 5 years. The second most common race or ethnicity in Havelock, NC is black, making up 20.5% of the population. Foreign-born residents account for 3.8% of the population in Havelock, NC, and this percentage has increased by 2.7% 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 | 58.0% | -3.7% |
% Black | 20.5% | -3.3% |
% Hispanic | 11.2% | -5.1% |
% Asian | 2.9% | 61.1% |
% Foreign Born | 3.8% | 2.7% |
Mortgage and Risk — Havelock, NC
According to HUD data as of 2023, there were 365 mortgage originations in Havelock, NC, of which 45.0% of loans were conventional mortgages. The average loan-to-value was 75.0%, with 52.0% above 90% LTV (very high). This implies large mortgage risk in Havelock, NC. Investor activity is low, as 2.0% of loans were by investors. 14.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 365 |
% Conventional Loans | 45.0% |
% Government Loans | 55.0% |
% Investor Loans | 2.0% |
% Second Loans | 2.0% |
% Cash Out Refinance | 14.0% |
Rentals and Section 8 — Havelock, NC
As of 2024, the percent of homes in Havelock, NC under the Section 8 program is 4.5%. 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 Havelock, 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 | 202 |
Total Units Section 8 | 152 |
% Rentals under Section 8 | 4.5% |
% Occupied Section 8 | 96.4% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $380 | $750 | $1,130 |
| 2 Bedroom | $320 | $1,160 | $1,480 |
| 3 Bedroom | $370 | $1,620 | $1,990 |
| 4 Bedroom | $590 | $1,900 | $2,490 |
Affordability — Havelock, NC
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.9 |
| Median Home Price | $228,000 |
| Median Household Income | $65,800 |