Wilkesboro, NC—28697
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Wilkesboro, NC
As of Oct '25, the median home price in Wilkesboro, NC is $261,000, with a year-over-year change of 3.2%. This indicates that home prices in Wilkesboro, NC are increasing. According to Zillow, the 1-year price projection is 2.1%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $261,000 | 3.2% |
| Single Family | $262,000 | 3.6% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $178,000 | -1.7% |
3 Bed | $285,000 | 4.0% |
4 Bed | $403,000 | 4.4% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Wilkesboro, NC
As of July '25, Rentcast reports the average rent in Wilkesboro, NC is $1,480, with a year-over-year rent change of -6.3%. Per bedroom, the median rent as of July '25 in Wilkesboro, NC is 1-bedrooms: $1,100, 2-bedrooms: $1,250, 3-bedrooms: $2,300. The most common rental property sizes in Wilkesboro, NC are 2-bedroom and 3-bedroom, accounting for 53.9% and 25.7% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,200 | $1,480 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,100 | $1,100 |
| 2 Bed Rent | $1,200 | $1,250 |
| 3 Bed Rent | $2,300 | $2,300 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Wilkesboro, NC
As of Oct '25, Realtor.com reports that the median days on market for a home in Wilkesboro, NC is 92. This is a increase of 76.0% 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 40.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $410,000 | -5.0% |
Listing Count | 45 | 13.0% |
| Listings as % of Homes | 0.3% | 13.0% |
Days on Market | 92 | 76.0% |
Demographics — Wilkesboro, NC
As of the latest ACS Survey released in 2023, Wilkesboro, NC has a population of 13,400, which has decreased by -1.7% over the past 5 years. Wilkesboro, NC is a moderately popular place for families, as children make up 22.6% of the population. The area has a poorly educated workforce, with 23.5% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 5.1% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 13,400 | -1.7% |
% Under 18 | 22.6% | 12.4% |
% Seniors | 21.7% | -5.7% |
% WFH | 5.1% | 82.1% |
% w/ College Degree | 23.5% | -2.5% |
As of the latest ACS Survey released in 2023, Wilkesboro, NC is a predominantly white area, with 83.0% of the population identifying as white. The white population has shrunk by 3.2% in the last 5 years. The second most common race or ethnicity in Wilkesboro, NC is hispanic, making up 9.7% of the population. Foreign-born residents account for 3.2% of the population in Wilkesboro, NC, and this percentage has decreased by 30.4% 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 | 83.0% | -3.2% |
% Black | 5.5% | 0.0% |
% Hispanic | 9.7% | 94.0% |
% Asian | 0.0% | -100.0% |
% Foreign Born | 3.2% | -30.4% |
Mortgage and Risk — Wilkesboro, NC
According to HUD data as of 2023, there were 222 mortgage originations in Wilkesboro, NC, of which 83.0% of loans were conventional mortgages. The average loan-to-value was 58.0%, with 22.0% above 90% LTV (very high). This implies large mortgage risk in Wilkesboro, NC. Investor activity is low, as 1.0% of loans were by investors. 6.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 222 |
% Conventional Loans | 83.0% |
% Government Loans | 17.0% |
% Investor Loans | 1.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 6.0% |
Loan Activity
Rentals and Section 8 — Wilkesboro, NC
Wilkesboro, NC lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 285 |
Total Units Section 8 | 285 |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | 87.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$290 | $1,100 | $810 |
| 2 Bedroom | -$270 | $1,200 | $930 |
| 3 Bedroom | -$1,060 | $2,300 | $1,240 |
| 4 Bedroom | N/A | N/A | $1,390 |
Affordability — Wilkesboro, NC
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.2 |
| Median Home Price | $261,000 |
| Median Household Income | $55,200 |