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Stedman

Learn about the people, housing, costs and businesses in Stedman, North Carolina

Median Home$238,854
Median Rent$930/month
Population1,326
Leading IndustriesWholesale Trade · Professional Services · Retail13% wholesale trade
Home Value Growth⬆⬆+19.7% over 2 years
Young Adults28% of residentsnear the national average
Homeowners86% of occupied units
NotableVeteran Community9% of residents · top 22% nationally
Stedman
NC

Frequently Asked Questions

What are today's mortgage rates in Stedman?

As of today, the 30-year fixed mortgage rate for Stedman is approximately 6.926% (6.963% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

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What is the median home price in Stedman?

The median home value in Stedman is $239k. The median monthly rent is $930. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Stedman?

Home values in Stedman have increased 19.7% over the past two years. This indicates a strong appreciation trend. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in Stedman?

Based on a typical all-in ownership cost of $1,196/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $51k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Stedman is $85k/year.

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What industries drive the economy in Stedman?

The largest employment sectors in Stedman are public administration (25%) and retail (14%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.