All Countries
Balfour, NC
Full City Profile · North Carolina · Henderson County County
3.5
/5.0
B+
Good
1,132
Population
699/sq mi density
$69,545
Median Income
$40,787 per capita
$294,200
Home Value
$396,127 Zillow
$743
Median Rent
21.4% income on rent
56°F
Avg Temperature
301 sunny days/yr
332
Violent Crime/100K
4,096 property/100K
B+
Overall
3.5 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.4 / 5.0
$69,545 median income, 0.0% unemployment
A
Affordability
4.3 / 5.0
$294,200 home value, $743/mo rent
F
Safety
1.0 / 5.0
332 violent crimes/100K
A
Education
4.2 / 5.0
40.3% bachelor's degree or higher
Housing Overview
Median Home Value
$294,200
4% above
US avg: $281,900
Median Rent
$743/mo
36% below
US avg: $1,163/mo
Homeownership Rate
71.4%
9% above US avg (65.4%)
Total Housing Units
612
Median year built: 1976
Home Value by Source
Census Median
$294,200
Zillow (ZHVI)
$396,127
Median Sale Price
$397,500
Median List Price
$330,000
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
71.4%
Owner-Occupied
28.6%
Renter-Occupied
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:
$743/mo
Market Indicators (Redfin)
Median Days on Market
125 days
Sale-to-List Ratio
0.9%
Buyers market
Homes Sold
1
Price Drops
25.0%
of listings with price reduction
Price Per Sq Ft
$211
Active Inventory
8
homes for sale
Affordability & Housing Stock
Rent Burden
21.4%
of renters spending 30%+ of income on housing
31% below US avg (31.0%)
Median Year Built
1976
Average age of housing stock: 50 years
Homeownership Rate
71.4%
Complete Housing Data
Home Values
| Census Median Value | $294,200 |
| Zillow Home Value (ZHVI) | $396,127 |
| Median Sale Price | $397,500 |
| Median List Price | $330,000 |
| Price Per Sq Ft | $211 |
Rent
| Census Median Rent | $743 |
| 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 Market | 125 |
| Sale-to-List Ratio | 0.9% |
| Price Drops | 25.0% |
| Homes Sold | 1 |
| Active Inventory | 8 |
| Price Per Sq Ft | $211 |
Ownership & Stock
| Owner-Occupied | 71.4% |
| Renter-Occupied | 28.6% |
| Homeownership Rate | 71.4% |
| Total Housing Units | 612 |
| Median Year Built | 1976 |
| Rent Burden | 21.4% |