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Albemarle, NC

Full City Profile · North Carolina · Stanly County County

2.9 /5.0
C+ Fair
16,527 Population 918/sq mi density
$52,825 Median Income $28,111 per capita
$186,100 Home Value $258,769 Zillow
$856 Median Rent 27.7% income on rent
60°F Avg Temperature 310 sunny days/yr
905 Violent Crime/100K 5,467 property/100K
C+
Overall
2.9 / 5.0
Fair overall score based on economy, affordability, safety and education
B
Economy
3.3 / 5.0
$52,825 median income, 2.9% unemployment
A+
Affordability
4.7 / 5.0
$186,100 home value, $856/mo rent
F
Safety
1.0 / 5.0
905 violent crimes/100K (138% above avg)
C+
Education
2.7 / 5.0
21.5% bachelor's degree or higher

Housing Overview

Median Home Value
$186,100
34% below
US avg: $281,900
Median Rent
$856/mo
26% below
US avg: $1,163/mo
Homeownership Rate
57.7%
12% below US avg (65.4%)
Total Housing Units
7,901
Median year built: 1963

Home Value by Source

Census Median
$186,100
Zillow (ZHVI)
$258,769
Median Sale Price
$314,500
Median List Price
$287,200
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

57.7%
Owner-Occupied
42.3%
Renter-Occupied
58%
42%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$932/mo
1 Bedroom
$981/mo
2 Bedroom
$1,161/mo
3 Bedroom
$1,499/mo
4 Bedroom
$1,780/mo
Census median rent: $856/mo · Zillow rent: $1,322/mo

Market Indicators (Redfin)

Median Days on Market
105 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
18
Price Drops
34.6%
of listings with price reduction
Price Per Sq Ft
$168
Active Inventory
136
homes for sale

Affordability & Housing Stock

Rent Burden
27.7%
of renters spending 30%+ of income on housing
11% below US avg (31.0%)
Median Year Built
1963
Average age of housing stock: 63 years
Homeownership Rate
57.7%

Complete Housing Data

Home Values

Census Median Value$186,100
Zillow Home Value (ZHVI)$258,769
Median Sale Price$314,500
Median List Price$287,200
Price Per Sq Ft$168

Rent

Census Median Rent$856
Zillow Rent (ZORI)$1,322
FMR Studio$932
FMR 1-Bedroom$981
FMR 2-Bedroom$1,161
FMR 3-Bedroom$1,499
FMR 4-Bedroom$1,780

Market

Days on Market105
Sale-to-List Ratio1.0%
Price Drops34.6%
Homes Sold18
Active Inventory136
Price Per Sq Ft$168

Ownership & Stock

Owner-Occupied57.7%
Renter-Occupied42.3%
Homeownership Rate57.7%
Total Housing Units7,901
Median Year Built1963
Rent Burden27.7%