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Sharon Acres—39406

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
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Household Income
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Days on Market
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Home Price Forecast
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Median Rent
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1-Bed Rent
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2-Bed Rent
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3-Bed Rent
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  • Home Price Trends
  • Rental Trends
  • Property Listings
  • Demographics
  • Mortgage and Risk

Home Price Trends — Sharon Acres

Sharon Acres lacks sufficient home price data for analysis.

Cost per Home Type

Home TypeMedian Home ValueYoY % Change
All Homes
N/AN/A
Single Family N/AN/A
Condos N/AN/A

Cost per Home Size

Home SizeMedian Home ValueYoY % Change
1 Bed
N/AN/A

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  • Affordability
  • Rentals and Section 8
  • 2 Bed
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    3 Bed
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    4 Bed
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    5 Bed N/AN/A
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    % of Housing Stock

    1 Bedroom
    100.0%

    Rental Trends — Sharon Acres

    Sharon Acres lacks sufficient rental market data for analysis.

    TypeMedian RentAverage Rent
    Average RentN/AN/A
    Studio Rent N/AN/A
    1 Bed Rent N/AN/A
    2 Bed Rent N/AN/A
    3 Bed Rent N/AN/A
    4 Bed Rent N/AN/A
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    No data available

    Property Listings — Sharon Acres

    Sharon Acres lacks sufficient listing trend data for analysis.

    MetricZip Code AverageYear over Year % Change
    Median Listing Price
    N/AN/A
    Listing Count
    N/AN/A
    Listings as % of HomesN/AN/A
    Days on Market
    N/AN/A
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    Demographics — Sharon Acres

    As of the latest ACS Survey released in 2023, Sharon Acres has a population of 1,900, which has decreased by -3.5% over the past 5 years. Sharon Acres is a less popular place for families, as children make up 0.2% of the population. The area has a highly educated workforce, with 45.5% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 7.8% reporting working from home.

    MetricLatest CensusYoY % Change
    Population
    1,900-3.5%
    % Under 18
    0.2%-81.8%
    % Seniors
    0.0%N/A
    % WFH
    7.8%-12.4%
    % w/ College Degree
    45.5%-54.5%
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    As of the latest ACS Survey released in 2023, Sharon Acres is a predominantly white area, with 49.0% of the population identifying as white. The white population has shrunk by 7.0% in the last 5 years. The second most common race or ethnicity in Sharon Acres is black, making up 41.3% of the population. Foreign-born residents account for 1.2% of the population in Sharon Acres, and this percentage has decreased by 89.8% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.

    Race and Ethnicity

    MetricLatest Census5-Year % Change
    % White
    49.0%-7.0%
    % Black
    41.3%8.4%
    % Hispanic
    2.8%-15.2%
    % Asian
    2.5%-51.0%
    % Foreign Born
    1.2%-89.8%
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    Mortgage and Risk — Sharon Acres

    According to HUD data as of 2023, there were 2 mortgage originations in Sharon Acres, of which 0.0% of loans were conventional mortgages. The average loan-to-value was 97.0%, with 100.0% above 90% LTV (very high). This implies large mortgage risk in Sharon Acres. Investor activity is low, as 0.0% of loans were by investors. 0.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

    Mortgages

    MetricZip Code Average
    Total Loan Originations
    2
    % Conventional Loans
    0.0%
    % Government Loans
    100.0%
    % Investor Loans
    0.0%
    % Second Loans
    0.0%
    % Cash Out Refinance
    0.0%
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    Rentals and Section 8 — Sharon Acres

    Sharon Acres lacks sufficient Section 8 program data for analysis.

    Section 8 Market Size

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

    Section 8 Opportunity

    Home SizeHUD PremiumMarket RentMax HUD Rent
    1 BedroomN/AN/A$890
    2 BedroomN/AN/A$1,070
    3 BedroomN/AN/A$1,360
    4 BedroomN/AN/A$1,430

    Affordability — Sharon Acres

    Home Price to Income Ratio

    MetricZip Code Average
    Home Price to Income RatioN/A
    Median Home PriceN/A
    Median Household IncomeN/A

    Sharon Acres — ZIP Code Boundary Map

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    Nearby ZIP Codes

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    39402

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    Frequently Asked Questions