North Carolina Housing Market Trends
Real-time market data powered by Zillow Research. Last updated: 2026-03-03
Is Now a Good Time to Buy in North Carolina?
The North Carolina housing market is showing balanced conditions.
home values have been essentially flat (-0.7%) over the past year. there are currently 1,055 homes on the market.
Median Home Value
$328,611
Zillow Home Value Index
Year-over-Year
-0.7%
Home value change
5-Year Change
+38.9%
Since 2021
Median Rent
$1,518/mo
Zillow Observed Rent Index
Active Listings
1,055
Homes for sale
Home Value Trends
5-year Zillow Home Value Index (ZHVI) for North Carolina vs. national average. ZHVI reflects the typical home value in the 35th-65th percentile range.
Rent Trends
Average rent in North Carolina: $1,518/mo (+3.4% YoY)
Rent vs. Buy Analysis
With a median home value of $328,611 and average rent of $1,518/mo, the price-to-rent ratio in North Carolina is 18.0. A ratio of 15-21 means it could go either way — run the numbers.
Run Full Rent vs. Buy CalculatorTop Markets in North Carolina
Explore housing data for 12 metro areas in North Carolina. Click any market for detailed trends and analysis.
Kill Devil Hills, NC
$584,781
Avg rent: $2,774/mo
Boone, NC
$492,005
Avg rent: $1,801/mo
Brevard, NC
$465,046
Avg rent: $1,967/mo
Morehead City, NC
$459,853
Avg rent: $1,773/mo
Wilmington, NC
$432,492
Avg rent: $1,691/mo
Raleigh, NC
$428,209
Avg rent: $1,655/mo
Asheville, NC
$412,625
Avg rent: $1,755/mo
Pinehurst, NC
$403,928
Avg rent: $1,834/mo
Durham, NC
$402,212
Avg rent: $1,652/mo
Cullowhee, NC
$394,852
Avg rent: $1,321/mo
Charlotte, NC
$380,002
Avg rent: $1,704/mo
Albemarle, NC
$295,411
Avg rent: $1,493/mo
Continue Learning About North Carolina
Market data provided by Zillow Research. Zillow Home Value Index (ZHVI) and Zillow Observed Rent Index (ZORI) are trademarks of Zillow, Inc.