Sunny View, NC28756

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$237,000
4.5% YoY Growth
Median Household Income
$54,100
9.4% 5-Year Growth
Days on Market
114
7.0% Longer than last year
Home Price Forecast
N/A
Median Rent
$1,200
33.3% YoY Growth
1-Bed Rent
$1,200
20.0% YoY Growth
2-Bed Rent
N/A
N/A
3-Bed Rent
$2,400
41.2% YoY Growth

Property Listings — Sunny View, NC

As of Aug '25 and according to Realtor.com, the median days on market for a home in Sunny View, NC is 114. This is an increase of 7.0% from last year. This indicates that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 8.0%. This is a small percentage of inventory, suggesting little supply pressure on home prices.

MetricZip Code AverageYear over Year % Change
Median Listing Price
$1,200,00030.0%
Listing Count
61N/A
Listings as % of Homes1.0%N/A
Days on Market
1147.0%
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Demographics — Sunny View, NC

MetricLatest CensusYoY % Change
Population
4,470-5.2%
% Under 18
22.5%-12.1%
% Under 5N/AN/A
% Seniors
25.0%52.4%
% WFH
6.4%204.8%
% w/ College Degree
18.9%-11.3%
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Race and Ethnicity

MetricLatest Census5-Year % Change
% White
73.1%-10.5%
% Black
7.7%75.0%
% Hispanic
16.7%328.2%
% Asian
0.0%-100.0%
% Foreign Born
6.9%81.6%
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Mortgage and Risk — Sunny View, NC

According to the latest data from the U.S. Department of Housing and Urban Development (HUD) as of 2023, the number of mortgages originated in Sunny View, NC in that year was 100. 82.0% of all primary home loans were conventional, the remainder were government-backed loans, such as FHA loans. The average loan-to-value for all loans was 70.0%. Of those, 22.0% were >90% loan to value. This is considered very high, suggesting that mortgage risk is large in Sunny View, NC. Investor activity in Sunny View, NC is low, as 1.0% of all loans are originated by investors. In 2023, 10.0% of all loans were cash-out refinances, suggesting few homeowners are actively tapping their home's equity.

Mortgages

MetricZip Code AverageMetro AverageState Average
Total Loan Originations
100N/AN/A
% Conventional Loans
82.0%N/AN/A
% Government Loans
18.0%N/AN/A
% Investor Loans
1.0%N/AN/A
% Second Loans
14.0%N/AN/A
% Cash Out Refinance
10.0%N/AN/A
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Rentals and Section 8 — Sunny View, NC

As of 2024, the percent of homes in Sunny View, NC under the Section 8 program is 2.5%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays homeowners more than the average rental market rate for various home sizes. For each bedroom size, the average difference between HUD payments and market rents is shown in the table below.

Section 8 Market Size

Total Units under HUD
9
Total Units Section 8
9
% Rentals under Section 8
2.5%
% Occupied Section 8
N/A

Section 8 Opportunity

Home SizeHUD PremiumMarket RentMax HUD Rent
1 Bedroom$150$1,200$1,350
2 BedroomN/AN/A$1,520
3 Bedroom-$450$2,400$1,950
4 BedroomN/AN/A$2,570

Affordability — Sunny View, NC

Home Price to Income Ratio

MetricZip Code AverageMetro AverageState Average
Home Price to Income Ratio4.4N/AN/A
Median Home Price$237,000N/AN/A
Median Household Income$54,100N/AN/A

Sunny View, NC — ZIP Code Boundary Map

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