Newland, NC—28657
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Newland, NC
Newland, NC lacks sufficient home price data for analysis.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $288,000 | -0.8% |
| Single Family | $288,000 | -1.0% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $179,000 | -3.8% |
2 Bed | $240,000 | -2.0% |
3 Bed | $318,000 | -1.2% |
4 Bed | $415,000 | -1.4% |
| 5 Bed | $528,000 | -2.4% |
% of Housing Stock
Rental Trends — Newland, NC
As of July '25, Rentcast reports the average rent in Newland, NC is $1,330, with a year-over-year rent change of -54.0%. Per bedroom, the median rent as of July '25 in Newland, NC is 1-bedrooms: $1,230, 2-bedrooms: $950, 3-bedrooms: $2,010. The most common rental property sizes in Newland, NC are 2-bedroom and 3-bedroom, accounting for 45.2% and 23.7% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,250 | $1,330 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,250 | $1,230 |
| 2 Bed Rent | $950 | $950 |
| 3 Bed Rent | $2,010 | $2,010 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Newland, NC
As of Oct '25, Realtor.com reports that the median days on market for a home in Newland, NC is 95. This is a increase of 9.0% 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 16.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $467,000 | 4.0% |
Listing Count | 122 | 81.0% |
| Listings as % of Homes | 0.6% | 81.0% |
Days on Market | 95 | 9.0% |
Demographics — Newland, NC
As of the latest ACS Survey released in 2023, Newland, NC has a population of 8,100, which has decreased by -6.9% over the past 5 years. Newland, NC is a moderately popular place for families, as children make up 16.1% of the population. The area has a poorly educated workforce, with 24.8% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 4.2% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 8,100 | -6.9% |
% Under 18 | 16.1% | -9.6% |
% Seniors | 27.4% | 4.6% |
% WFH | 4.2% | 44.8% |
% w/ College Degree | 24.8% | 27.2% |
As of the latest ACS Survey released in 2023, Newland, NC is a predominantly white area, with 95.1% of the population identifying as white. The white population has grown by 4.4% in the last 5 years. The second most common race or ethnicity in Newland, NC is hispanic, making up 3.7% of the population. Foreign-born residents account for 2.0% of the population in Newland, NC, and this percentage has decreased by 44.4% 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 | 95.1% | 4.4% |
% Black | 0.0% | N/A |
% Hispanic | 3.7% | -31.5% |
% Asian | 0.2% | -87.5% |
% Foreign Born | 2.0% | -44.4% |
Mortgage and Risk — Newland, NC
According to HUD data as of 2023, there were 244 mortgage originations in Newland, NC, of which 94.0% of loans were conventional mortgages. The average loan-to-value was 59.0%, with 14.0% above 90% LTV (elevated). This implies medium mortgage risk in Newland, NC. Investor activity is low, as 6.0% 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 | 244 |
% Conventional Loans | 94.0% |
% Government Loans | 6.0% |
% Investor Loans | 6.0% |
% Second Loans | 38.0% |
% Cash Out Refinance | 5.0% |
Loan Activity
Rentals and Section 8 — Newland, NC
Newland, NC lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 81 |
Total Units Section 8 | 81 |
% Rentals under Section 8 | 14.0% |
% Occupied Section 8 | 87.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$490 | $1,250 | $760 |
| 2 Bedroom | -$20 | $950 | $930 |
| 3 Bedroom | -$820 | $2,010 | $1,190 |
| 4 Bedroom | N/A | N/A | $1,400 |
Affordability — Newland, NC
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.3 |
| Median Home Price | $288,000 |
| Median Household Income | $56,400 |