Davie County, North Carolina Housing Market

In Davie County, North Carolina, the median home value is $253,900, with a median monthly rent of $867. This places Davie County at #870 nationally out of 3134 counties by median home value, and #32 within North Carolina.

Median Home Value $253,900
Median Rent $867/mo
Owner Occupancy 82.2%
Price/Rent Ratio 24.4

📈 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 Davie County rose +5.1% year-over-year as of 2025. (Source: FHFA)

📍 Economic Snapshot

💼

Employment & Wages

12,920
jobs (private sector)
  • Avg weekly wage: $1,046
  • Establishments: 1,071
  • BLS QCEW, 2025
🏗️

Housing Supply

236
new units authorized (2025)
  • Single-family: 171
  • Multi-family: 65
  • U.S. Census Bureau, Building Permits Survey
🚚

Migration Patterns

+1064
net migration (filers, 2021-2022)
  • Inflow: 18,055 (avg $90,386)
  • Outflow: 16,991 (avg $89,604)
  • IRS Statistics of Income

📍 Sub-Market Activity

Top 4 active ZIP codes in Davie County · Latest: 2025

# ZIP Code HPI YoY Change Latest Year
1 28634 266.7 — 2025
2 27055 209.4 -2.82% 2025
3 27006 214.1 +4.08% 2025
4 27028 217.3 +4.81% 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 Davie County Compares

MetricDavie CountyNorth Carolina AverageU.S. Average
Median Home Value $253,900 $235,312 $227,706
Median Gross Rent $867 $976 $968
Owner Occupancy Rate 82.2% 71.8% 73.3%
Price/Rent Ratio 24.4 19.8 18.7

Market Analysis

The median home value in Davie County is 7.9% above the North Carolina state average and 11.5% above the U.S. national average. The median rent of $867/month is 11.2% below the state average.

With a price-to-rent ratio of 24.4, renting is generally more cost-effective than buying in the short to medium term. The market favors buyers only for long-term holds.

Davie County has an owner-occupancy rate of 82.2%, 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
Hamilton County Nebraska $253,700 $794
Wicomico County Maryland $254,700 $1,327
Cass County Nebraska $254,900 $996
Androscoggin County Maine $252,800 $1,010
Carroll County Georgia $255,100 $1,153

Other Counties in North Carolina

CountyMedian Home ValueMedian RentOwner Occ.
Macon County $251,900 $803 77.6%
Forsyth County $250,400 $1,098 63.6%
Guilford County $259,900 $1,163 59.9%
Granville County $247,700 $1,008 77.1%
Harnett County $246,200 $1,112 71.0%

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).