Boomer, NC—28606
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Boomer, NC
As of Oct '25, the median home price in Boomer, NC is $201,000, with a year-over-year change of 2.1%. This indicates that home prices in Boomer, NC are increasing. According to Zillow, the 1-year price projection is 1.9%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $201,000 | 2.2% |
| Single Family | $201,000 | 3.1% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | $281,000 | 6.0% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Boomer, NC
Boomer, NC lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | N/A | N/A |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Boomer, NC
As of Oct '25, Realtor.com reports that the median days on market for a home in Boomer, NC is 134. This is a increase of 59.0% 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 29.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $690,000 | 8.0% |
Listing Count | 7 | 200.0% |
| Listings as % of Homes | 0.5% | 200.0% |
Days on Market | 134 | 59.0% |
Demographics — Boomer, NC
As of the latest ACS Survey released in 2023, Boomer, NC has a population of 1,740, which has increased by 3.2% over the past 5 years. Boomer, NC is a less popular place for families, as children make up 14.1% of the population. The area has a poorly educated workforce, with 10.9% of adult residents holding a bachelor’s degree or higher. There are many residents working remotely, with 33.5% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 1,740 | 3.2% |
% Under 18 | 14.1% | -18.5% |
% Seniors | 42.4% | 138.2% |
% WFH | 33.5% | 717.1% |
% w/ College Degree | 10.9% | 17.2% |
As of the latest ACS Survey released in 2023, Boomer, NC is a predominantly white area, with 96.1% of the population identifying as white. The white population has grown by 12.9% in the last 5 years. The second most common race or ethnicity in Boomer, NC is black, making up 0.5% of the population. Foreign-born residents account for 0.0% of the population in Boomer, NC, and this percentage has decreased by 100.0% 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 | 96.1% | 12.9% |
% Black | 0.5% | -92.8% |
% Hispanic | 0.1% | -98.6% |
% Asian | 0.0% | -100.0% |
% Foreign Born | 0.0% | -100.0% |
Mortgage and Risk — Boomer, NC
According to HUD data as of 2023, there were 54 mortgage originations in Boomer, NC, of which 83.0% of loans were conventional mortgages. The average loan-to-value was 56.0%, with 17.0% above 90% LTV (elevated). This implies medium mortgage risk in Boomer, NC. Investor activity is low, as 0.0% of loans were by investors. 7.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 54 |
% Conventional Loans | 83.0% |
% Government Loans | 17.0% |
% Investor Loans | 0.0% |
% Second Loans | 13.0% |
% Cash Out Refinance | 7.0% |
Loan Activity
Rentals and Section 8 — Boomer, NC
Boomer, NC lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 10 |
Total Units Section 8 | 10 |
% Rentals under Section 8 | 13.7% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $790 |
| 2 Bedroom | N/A | N/A | $930 |
| 3 Bedroom | N/A | N/A | $1,230 |
| 4 Bedroom | N/A | N/A | $1,390 |
Affordability — Boomer, NC
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.5 |
| Median Home Price | $201,000 |
| Median Household Income | $51,000 |