Sherrills Ford, NC—28673
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Sherrills Ford, NC
As of Oct '25, the median home price in Sherrills Ford, NC is $493,000, with a year-over-year change of -0.3%. This indicates that home prices in Sherrills Ford, NC are flat. According to Zillow, the 1-year price projection is 1.8%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $493,000 | -0.3% |
| Single Family | $503,000 | -0.6% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $428,000 | 0.7% |
3 Bed | $461,000 | 0.4% |
4 Bed | $672,000 | 1.2% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Sherrills Ford, NC
As of July '25, Rentcast reports the average rent in Sherrills Ford, NC is $2,290, with a year-over-year rent change of -5.4%. Per bedroom, the median rent as of July '25 in Sherrills Ford, NC is 1-bedrooms: $948, 2-bedrooms: $1,900, 3-bedrooms: $2,340, 4-bedrooms: $2,380. The most common rental property sizes in Sherrills Ford, NC are 3-bedroom and 2-bedroom, accounting for 54.2% and 38.2% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,340 | $2,290 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $700 | $948 |
| 2 Bed Rent | $2,100 | $1,900 |
| 3 Bed Rent | $2,400 | $2,340 |
| 4 Bed Rent | $2,300 | $2,380 |
% of Rental Stock
Property Listings — Sherrills Ford, NC
As of Oct '25, Realtor.com reports that the median days on market for a home in Sherrills Ford, NC is 103. 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 21.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $581,000 | -9.0% |
Listing Count | 145 | 44.0% |
| Listings as % of Homes | 1.8% | 44.0% |
Days on Market | 103 | 59.0% |
Demographics — Sherrills Ford, NC
As of the latest ACS Survey released in 2023, Sherrills Ford, NC has a population of 6,340, which has remained stable by 0.5% over the past 5 years. Sherrills Ford, NC is a less popular place for families, as children make up 14.1% of the population. The area has a moderately educated workforce, with 42.5% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 14.1% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 6,340 | 0.5% |
% Under 18 | 14.1% | -36.8% |
% Seniors | 27.6% | 43.8% |
% WFH | 14.1% | 54.9% |
% w/ College Degree | 42.5% | 18.7% |
As of the latest ACS Survey released in 2023, Sherrills Ford, NC is a predominantly white area, with 95.1% of the population identifying as white. The white population has shrunk by 0.8% in the last 5 years. The second most common race or ethnicity in Sherrills Ford, NC is hispanic, making up 2.3% of the population. Foreign-born residents account for 2.5% of the population in Sherrills Ford, NC, and this percentage has increased by 177.8% 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 | 95.1% | -0.8% |
% Black | 2.0% | -28.6% |
% Hispanic | 2.3% | 155.6% |
% Asian | 0.2% | ∞% |
% Foreign Born | 2.5% | 177.8% |
Mortgage and Risk — Sherrills Ford, NC
According to HUD data as of 2023, there were 192 mortgage originations in Sherrills Ford, NC, of which 73.0% of loans were conventional mortgages. The average loan-to-value was 64.0%, with 29.0% above 90% LTV (very high). This implies large mortgage risk in Sherrills Ford, NC. Investor activity is low, as 2.0% 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 | 192 |
% Conventional Loans | 73.0% |
% Government Loans | 27.0% |
% Investor Loans | 2.0% |
% Second Loans | 6.0% |
% Cash Out Refinance | 8.0% |
Loan Activity
Rentals and Section 8 — Sherrills Ford, NC
As of 2024, the percent of homes in Sherrills Ford, NC under the Section 8 program is 0.6%. 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. 1-bedroom and 4-bedroom units appear to be good home sizes to consider for Section 8 housing in Sherrills Ford, NC, because HUD payments exceed market rent, while 2-bedroom and 3-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 1 |
Total Units Section 8 | 1 |
% Rentals under Section 8 | 0.6% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $580 | $700 | $1,280 |
| 2 Bedroom | -$530 | $2,100 | $1,570 |
| 3 Bedroom | -$390 | $2,400 | $2,010 |
| 4 Bedroom | $60 | $2,300 | $2,360 |
Affordability — Sherrills Ford, NC
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.7 |
| Median Home Price | $493,000 |
| Median Household Income | $99,000 |