Snow Hill, NC—28580
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Snow Hill, NC
Snow Hill, NC lacks sufficient home price data for analysis.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $174,000 | -3.0% |
| Single Family | $174,000 | -3.3% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $121,000 | -6.2% |
3 Bed | $181,000 | -3.2% |
4 Bed | $242,000 | -0.8% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Snow Hill, NC
As of July '25, Rentcast reports the average rent in Snow Hill, NC is $940, with a year-over-year rent change of -8.7%. Per bedroom, the median rent as of July '25 in Snow Hill, NC is 2-bedrooms: $908, 3-bedrooms: $1,100. The most common rental property sizes in Snow Hill, NC are 3-bedroom and 2-bedroom, accounting for 51.9% and 32.7% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $850 | $940 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | $850 | $908 |
| 3 Bed Rent | $1,100 | $1,100 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Snow Hill, NC
As of Oct '25, Realtor.com reports that the median days on market for a home in Snow Hill, NC is 69. This is a increase of 37.0% 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 24.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $315,000 | 29.0% |
Listing Count | 25 | 38.0% |
| Listings as % of Homes | 0.3% | 38.0% |
Days on Market | 69 | 37.0% |
Demographics — Snow Hill, NC
As of the latest ACS Survey released in 2023, Snow Hill, NC has a population of 12,000, which has decreased by -6.4% over the past 5 years. Snow Hill, NC is a moderately popular place for families, as children make up 18.9% of the population. The area has a poorly educated workforce, with 11.0% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 4.9% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 12,000 | -6.4% |
% Under 18 | 18.9% | -3.1% |
% Seniors | 16.8% | 12.8% |
% WFH | 4.9% | 308.3% |
% w/ College Degree | 11.0% | 6.8% |
As of the latest ACS Survey released in 2023, Snow Hill, NC is a predominantly white area, with 42.1% of the population identifying as white. The white population has shrunk by 10.0% in the last 5 years. The second most common race or ethnicity in Snow Hill, NC is black, making up 36.0% of the population. Foreign-born residents account for 5.0% of the population in Snow Hill, NC, and this percentage has decreased by 31.5% 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 | 42.1% | -10.0% |
% Black | 36.0% | 1.1% |
% Hispanic | 13.6% | -11.7% |
% Asian | 0.0% | -100.0% |
% Foreign Born | 5.0% | -31.5% |
Mortgage and Risk — Snow Hill, NC
According to HUD data as of 2023, there were 174 mortgage originations in Snow Hill, NC, of which 72.0% of loans were conventional mortgages. The average loan-to-value was 68.0%, with 36.0% above 90% LTV (very high). This implies large mortgage risk in Snow Hill, 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 | 174 |
% Conventional Loans | 72.0% |
% Government Loans | 28.0% |
% Investor Loans | 1.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 8.0% |
Loan Activity
Rentals and Section 8 — Snow Hill, NC
Snow Hill, NC lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 200 |
Total Units Section 8 | 199 |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | 77.5% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $760 |
| 2 Bedroom | $90 | $850 | $940 |
| 3 Bedroom | $160 | $1,100 | $1,260 |
| 4 Bedroom | N/A | N/A | $1,350 |
Affordability — Snow Hill, NC
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.7 |
| Median Home Price | $174,000 |
| Median Household Income | $46,300 |