Housing & Real Estate — Advance, North Carolina

Overview

Total Housing Units620
Occupied495
Vacant125
Owner-Occupied405
Renter-Occupied90
Median Home Value (Census)$434,400
Estimated 2026~$501,000
Median Rent$865/mo
Median Property Tax$2,311/yr

Affordability

Home Price to Income RatioN/Ax
Home Affordabilitymoderate
Rent as % of Income9.0%
Severely Rent-Burdened32.5%

Housing Age

Built 2010 or later217
Built 2000-200994
Built 1990-199960
Built before 196028
Median Year Built1995
Sources: Census ACS 5-Year 2023; Census ACS 5-Year 2023, B25077; HUD FMR FY2026.