Currituck County, North Carolina Housing Market

In Currituck County, North Carolina, the median home value is $378,800, with a median monthly rent of $1,162. This places Currituck County at #342 nationally out of 3134 counties by median home value, and #10 within North Carolina.

Median Home Value $378,800
Median Rent $1,162/mo
Owner Occupancy 87.3%
Price/Rent Ratio 27.2

📈 Price Trend (2017 → 2024)

📊 Recent Market Momentum (FHFA HPI)

FHFA House Price Index — All-Transactions, Annual (2000 = 100) · Latest: 2025

💡 Year-over-Year Trend: Home prices in Currituck County rose +3.7% year-over-year as of 2025. (Source: FHFA)

📍 Economic Snapshot

💼

Employment & Wages

5,997
jobs (private sector)
  • Avg weekly wage: $897
  • Establishments: 961
  • BLS QCEW, 2025
🏗️

Housing Supply

325
new units authorized (2025)
  • Single-family: 325
  • Multi-family: 0
  • U.S. Census Bureau, Building Permits Survey
🚚

Migration Patterns

+1301
net migration (filers, 2021-2022)
  • Inflow: 12,468 (avg $85,934)
  • Outflow: 11,167 (avg $85,046)
  • IRS Statistics of Income

📍 Sub-Market Activity

Top 3 active ZIP codes in Currituck County · Latest: 2025

# ZIP Code HPI YoY Change Latest Year
1 27950 330.4 — 2025
2 27958 271.9 -4.14% 2025
3 27927 329.3 +5.02% 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.

How Currituck County Compares

MetricCurrituck CountyNorth Carolina AverageU.S. Average
Median Home Value $378,800 $235,312 $227,706
Median Gross Rent $1,162 $976 $968
Owner Occupancy Rate 87.3% 71.8% 73.3%
Price/Rent Ratio 27.2 19.8 18.7

Market Analysis

The median home value in Currituck County is 61.0% above the North Carolina state average and 66.4% above the U.S. national average. The median rent of $1,162/month is 19.1% above the state average.

With a price-to-rent ratio of 27.2, Currituck County is a strongly rent-favored market. Home prices are high relative to rents, meaning renting is typically far cheaper than owning in the near term.

Currituck County has an owner-occupancy rate of 87.3%, 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

CountyStateMedian Home ValueMedian Rent
Mesa County Colorado $378,600 $1,182
Iron County Utah $379,000 $1,065
Chesapeake city Virginia $378,400 $1,586
Franklin County Washington $379,300 $1,198
Lower Connecticut River Valley Planning Region Connecticut $379,700 $1,454

Other Counties in North Carolina

CountyMedian Home ValueMedian RentOwner Occ.
Transylvania County $373,600 $967 74.7%
New Hanover County $387,800 $1,417 61.4%
Durham County $389,400 $1,508 55.5%
Buncombe County $391,800 $1,362 66.2%
Watauga County $358,900 $1,127 62.1%

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).