Sign In Register

Drexel, NC

Full City Profile · North Carolina · Burke County County

3.3 /5.0
B Good
1,862 Population 1,349/sq mi density
$58,824 Median Income $30,394 per capita
$204,600 Home Value $241,497 Zillow
$625 Median Rent 30.9% income on rent
58°F Avg Temperature 301 sunny days/yr
B
Overall
3.3 / 5.0
Good overall score based on economy, affordability, safety and education
B
Economy
3.2 / 5.0
$58,824 median income, 7.4% unemployment
A+
Affordability
4.7 / 5.0
$204,600 home value, $625/mo rent
C+
Safety
2.5 / 5.0
0 violent crimes/100K
C+
Education
2.6 / 5.0
20.2% bachelor's degree or higher

Housing Overview

Median Home Value
$204,600
27% below
US avg: $281,900
Median Rent
$625/mo
46% below
US avg: $1,163/mo
Homeownership Rate
70.3%
7% above US avg (65.4%)
Total Housing Units
850
Median year built: 1974

Home Value by Source

Census Median
$204,600
Zillow (ZHVI)
$241,497
Median Sale Price
$168,000
Median List Price
$237,400
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

70.3%
Owner-Occupied
29.7%
Renter-Occupied
70%
30%
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: $625/mo

Market Indicators (Redfin)

Median Days on Market
3 days
Sale-to-List Ratio
1.1%
Buyers market
Homes Sold
1
Price Drops
40.0%
of listings with price reduction
Price Per Sq Ft
$182
Active Inventory
5
homes for sale

Affordability & Housing Stock

Rent Burden
30.9%
of renters spending 30%+ of income on housing
0% below US avg (31.0%)
Median Year Built
1974
Average age of housing stock: 52 years
Homeownership Rate
70.3%

Complete Housing Data

Home Values

Census Median Value$204,600
Zillow Home Value (ZHVI)$241,497
Median Sale Price$168,000
Median List Price$237,400
Price Per Sq Ft$182

Rent

Census Median Rent$625
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 Market3
Sale-to-List Ratio1.1%
Price Drops40.0%
Homes Sold1
Active Inventory5
Price Per Sq Ft$182

Ownership & Stock

Owner-Occupied70.3%
Renter-Occupied29.7%
Homeownership Rate70.3%
Total Housing Units850
Median Year Built1974
Rent Burden30.9%