Davidson County, North Carolina Housing Market
In Davidson County, North Carolina, the median home value is $219,100, with a median monthly rent of $901. This places Davidson County at #1201 nationally out of 3134 counties by median home value, and #52 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: $1,061
- Establishments: 3,384
- BLS QCEW, 2025
Housing Supply
- Single-family: 941
- Multi-family: 275
- U.S. Census Bureau, Building Permits Survey
Migration Patterns
- Inflow: 68,682 (avg $68,499)
- Outflow: 65,071 (avg $67,795)
- IRS Statistics of Income
📍 Sub-Market Activity
Top 10 active ZIP codes in Davidson County · Latest: 2025
| # | ZIP Code | HPI | YoY Change | Latest Year |
|---|---|---|---|---|
| 1 | 27299 | 221.4 | +2.29% | 2025 |
| 2 | 27239 | 226.8 | +12.19% | 2025 |
| 3 | 28127 | 271.7 | +1.13% | 2025 |
| 4 | 27360 | 228.1 | +1.78% | 2025 |
| 5 | 27292 | 239.2 | +1.10% | 2025 |
| 6 | 27012 | 231.0 | +3.69% | 2025 |
| 7 | 27284 | 227.5 | +2.57% | 2025 |
| 8 | 27107 | 232.2 | +7.92% | 2025 |
| 9 | 27127 | 231.7 | +1.18% | 2025 |
| 10 | 27265 | 212.1 | +0.97% | 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 Davidson County Compares
| Metric | Davidson County | North Carolina Average | U.S. Average |
|---|---|---|---|
| Median Home Value | $219,100 | $235,312 | $227,706 |
| Median Gross Rent | $901 | $976 | $968 |
| Owner Occupancy Rate | 74.4% | 71.8% | 73.3% |
| Price/Rent Ratio | 20.3 | 19.8 | 18.7 |
Market Analysis
The median home value in Davidson County is 6.9% below the North Carolina state average and 3.8% below the U.S. national average. The median rent of $901/month is 7.7% below the state average.
With a price-to-rent ratio of 20.3, renting is generally more cost-effective than buying in the short to medium term. The market favors buyers only for long-term holds.
Davidson County has an owner-occupancy rate of 74.4%, 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 |
|---|---|---|---|
| Maries County | Missouri | $219,100 | $590 |
| Custer County | Montana | $219,100 | $893 |
| Hendry County | Florida | $219,200 | $1,003 |
| Hampshire County | West Virginia | $219,200 | $720 |
| Putnam County | Indiana | $218,900 | $884 |
Other Counties in North Carolina
| County | Median Home Value | Median Rent | Owner Occ. |
|---|---|---|---|
| Hoke County | $219,300 | $1,089 | 73.0% |
| Mitchell County | $220,100 | $813 | 76.3% |
| Pamlico County | $216,800 | $752 | 82.9% |
| Alleghany County | $214,800 | $675 | 74.4% |
| Person County | $213,900 | $864 | 77.3% |
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).