Caldwell County, North Carolina Housing Market
In Caldwell County, North Carolina, the median home value is $192,200, with a median monthly rent of $744. This places Caldwell County at #1494 nationally out of 3134 counties by median home value, and #65 within North Carolina.
📈 Price Trend (2017 → 2024)
📊 Recent Market Momentum (FHFA HPI)
FHFA House Price Index — All-Transactions, Annual (2000 = 100) · Latest: 2025
📍 Economic Snapshot
Employment & Wages
- Avg weekly wage: $1,007
- Establishments: 1,518
- BLS QCEW, 2025
Housing Supply
- Single-family: 499
- Multi-family: 2
- U.S. Census Bureau, Building Permits Survey
Migration Patterns
- Inflow: 30,854 (avg $60,038)
- Outflow: 29,436 (avg $59,357)
- IRS Statistics of Income
📍 Sub-Market Activity
Top 1 active ZIP codes in Caldwell County · Latest: 2025
| # | ZIP Code | HPI | YoY Change | Latest Year |
|---|---|---|---|---|
| 1 | 28638 | 240.2 | +2.96% | 2025 |
Source: FHFA HPI for Five-Digit ZIP Codes (All-Transactions Index, 2000 = 100).
This product uses FHFA Data but is neither endorsed nor certified by FHFA.
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💰 Mortgage Guide → 🧾 Property Tax Data →How Caldwell County Compares
| Metric | Caldwell County | North Carolina Average | U.S. Average |
|---|---|---|---|
| Median Home Value | $192,200 | $235,312 | $227,706 |
| Median Gross Rent | $744 | $976 | $968 |
| Owner Occupancy Rate | 73.5% | 71.8% | 73.3% |
| Price/Rent Ratio | 21.5 | 19.8 | 18.7 |
Market Analysis
The median home value in Caldwell County is 18.3% below the North Carolina state average and 15.6% below the U.S. national average. The median rent of $744/month is 23.8% below the state average.
With a price-to-rent ratio of 21.5, renting is generally more cost-effective than buying in the short to medium term. The market favors buyers only for long-term holds.
Caldwell County has an owner-occupancy rate of 73.5%, compared to 71.8% in North Carolina and 73.3% nationally. This indicates a more homeowner-heavy market than the U.S. average.
Similar Counties by Home Value
| County | State | Median Home Value | Median Rent |
|---|---|---|---|
| Allen County | Kentucky | $192,300 | $844 |
| Clearwater County | Minnesota | $192,100 | $742 |
| Powder River County | Montana | $192,100 | $533 |
| Clinton County | Illinois | $192,400 | $912 |
| San Patricio County | Texas | $192,400 | $1,291 |
Other Counties in North Carolina
| County | Median Home Value | Median Rent | Owner Occ. |
|---|---|---|---|
| Beaufort County | $192,700 | $871 | 69.5% |
| Nash County | $191,000 | $953 | 63.6% |
| Stokes County | $196,700 | $775 | 79.2% |
| Randolph County | $197,100 | $887 | 72.5% |
| Wilson County | $186,000 | $953 | 60.0% |
Data Source: U.S. Census Bureau, American Community Survey (ACS) 2024 5-Year Estimates (2017–2024). Variables: B25077 (Median Home Value), B25064 (Median Gross Rent), B25003 (Tenure). Data collected on 2026-10-14. The price-to-rent ratio is calculated as Median Home Value ÷ (Median Monthly Rent × 12).