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North Carolina
Real Estate Appreciation & Housing Market Trends






North Carolina Real Estate Market & Appreciation

Source & Methodology

Analytics built by:   Location, Inc.

Raw data sources:   American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.

Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q4 2024. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2023 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data

Average Home Values

Median Home Value

$350,153

Number Of Homes And Apartments:

4,186,924

North Carolina Home Prices

> $1,370,699
$1,028,044 - $1,370,699
$685,132 - $1,028,043
$548,201 - $685,131
$411,182 - $548,200
$274,001 - $411,181
$137,010 - $274,000
$68,509 - $137,009
$0 - $68,508
2.7%
2.7%
3.2%
3.2%
10.3%
10.3%
9.6%
9.6%
15.3%
15.3%
22.5%
22.5%
22.9%
22.9%
7.8%
7.8%
5.6%
5.6%
0% 100.0%
% of Homes

North Carolina Appreciation Rates

Rent & Homeownership

Average Market Rent:

$1,874 / per month

Homeownership Rate

Owners
Renters
64.6%
64.6%
35.4%
35.4%
0% 100.0%
% of Homes

Vacancy Rate

Vacant
Occupied
13.0%
13.0%
87.0%
87.0%
0% 100.0%
% of Homes

Housing Market Details

Age of Homes

2000 or Newer
1970 - 1999
1940 - 1969
1939 or Older
33.2%
33.2%
44.4%
44.4%
17.5%
17.5%
5.0%
5.0%
0% 100.0%
% of Homes

Types of Homes

Single-Family
Townhomes
Small Apt. Buildings
Apt. Complexes
Mobile Homes
Other
65.3%
65.3%
4.6%
4.6%
4.6%
4.6%
14.1%
14.1%
11.3%
11.3%
0.1%
0.1%
0% 100.0%
% of Homes

Home Size

No Bedroom
1 Bedroom
2 Bedrooms
3 Bedrooms
4 Bedrooms
5 or more bedrooms
1.8%
1.8%
7.0%
7.0%
24.1%
24.1%
46.5%
46.5%
16.1%
16.1%
4.5%
4.5%
0% 100.0%
% of Homes