Mineral Springs, NC

Full City Profile · North Carolina · Union County County

4.1 /5.0
A Great
3,244 Population 395/sq mi density
$88,203 Median Income $45,518 per capita
$353,500 Home Value $435,948 Zillow
$1,329 Median Rent 31.9% income on rent
61°F Avg Temperature
A
Overall
4.1 / 5.0
Strong
A
Economy
4.2 / 5.0
$88,203 median income, 5.1% unemployment
A
Affordability
4.4 / 5.0
$353,500 home value, $1,329/mo rent
B+
Education
3.6 / 5.0
32.0% bachelor's degree or higher

Housing Overview

Median Home Value
$353,500
25% above
US avg: $281,900
Median Rent
$1,329/mo
14% above
US avg: $1,163/mo
Homeownership Rate
86.0%
31% above US avg (65.4%)
Total Housing Units
1,304
Median year built: 1993

Home Value by Source

Census Median
$353,500
Zillow (ZHVI)
$435,948
Redfin Median Sale
$329,000
Median Sale Price
$329,000
Median List Price
$498,000
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

86.0%
Owner-Occupied
14.0%
Renter-Occupied
86%
14%
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: $1,329/mo

Market Indicators (Redfin)

Median Sale Price
$329,000
Median Days on Market
196 days
Sale-to-List Ratio
0.9%
Buyers market
Homes Sold
2
Price Drops
27.3%
of listings with price reduction
Price Per Sq Ft
$257
Active Inventory
11
homes for sale

Affordability & Housing Stock

Rent Burden
31.9%
of renters spending 30%+ of income on housing
3% above US avg (31.0%)
Median Year Built
1993
Average age of housing stock: 33 years
Homeownership Rate
86.0%

Complete Housing Data

Home Values

Census Median Value$353,500
Zillow Home Value (ZHVI)$435,948
Redfin Median Sale$329,000
Median Sale Price$329,000
Median List Price$498,000
Price Per Sq Ft$257

Rent

Census Median Rent$1,329
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 Market196
Sale-to-List Ratio0.9%
Price Drops27.3%
Homes Sold2
Active Inventory11
Price Per Sq Ft$257

Ownership & Stock

Owner-Occupied86.0%
Renter-Occupied14.0%
Homeownership Rate86.0%
Total Housing Units1,304
Median Year Built1993
Rent Burden31.9%