Traphill, NC—28685
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Traphill, NC
As of Oct '25, the median home price in Traphill, NC is $167,000, with a year-over-year change of 0.7%. This indicates that home prices in Traphill, NC are flat. According to Zillow, the 1-year price projection is 2.0%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $167,000 | 0.7% |
| Single Family | $166,000 | 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 | N/A | N/A |
3 Bed | N/A | N/A |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Traphill, NC
Traphill, 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 — Traphill, NC
As of Oct '25, Realtor.com reports that the median days on market for a home in Traphill, NC is 59. This is a increase of 49.0% 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 0.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $340,000 | -47.0% |
Listing Count | 12 | 154.0% |
| Listings as % of Homes | 0.2% | 154.0% |
Days on Market | 59 | 49.0% |
Demographics — Traphill, NC
As of the latest ACS Survey released in 2023, Traphill, NC has a population of 2,340, which has increased by 18.5% over the past 5 years. Traphill, NC is a moderately popular place for families, as children make up 20.3% of the population. The area has a poorly educated workforce, with 4.2% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 1.3% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 2,340 | 18.5% |
% Under 18 | 20.3% | 18.0% |
% Seniors | 21.5% | -8.5% |
% WFH | 1.3% | -63.9% |
% w/ College Degree | 4.2% | -54.3% |
As of the latest ACS Survey released in 2023, Traphill, NC is a predominantly white area, with 92.3% of the population identifying as white. The white population has grown by 4.5% in the last 5 years. The second most common race or ethnicity in Traphill, NC is hispanic, making up 2.2% of the population. Foreign-born residents account for 0.7% of the population in Traphill, NC, and this percentage has decreased by 46.2% 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 | 92.3% | 4.5% |
% Black | 0.0% | -100.0% |
% Hispanic | 2.2% | 214.3% |
% Asian | 0.0% | -100.0% |
% Foreign Born | 0.7% | -46.2% |
Mortgage and Risk — Traphill, NC
According to HUD data as of 2023, there were 42 mortgage originations in Traphill, NC, of which 81.0% 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 Traphill, NC. Investor activity is low, as 0.0% of loans were by investors. 12.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 42 |
% Conventional Loans | 81.0% |
% Government Loans | 19.0% |
% Investor Loans | 0.0% |
% Second Loans | 5.0% |
% Cash Out Refinance | 12.0% |
Loan Activity
Rentals and Section 8 — Traphill, NC
Traphill, NC lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 9 |
Total Units Section 8 | 9 |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $810 |
| 2 Bedroom | N/A | N/A | $930 |
| 3 Bedroom | N/A | N/A | $1,240 |
| 4 Bedroom | N/A | N/A | $1,390 |
Affordability — Traphill, NC
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.3 |
| Median Home Price | $167,000 |
| Median Household Income | $45,000 |