Edgecombe County, North Carolina Housing Market

In Edgecombe County, North Carolina, the median home value is $125,100, with a median monthly rent of $858. This places Edgecombe County at #2547 nationally out of 3134 counties by median home value, and #90 within North Carolina.

Median Home Value $125,100
Median Rent $858/mo
Owner Occupancy 60.8%
Price/Rent Ratio 12.2

📈 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 Edgecombe County fell -3.9% year-over-year as of 2025. (Source: FHFA)

📍 Economic Snapshot

💼

Employment & Wages

10,446
jobs (private sector)
  • Avg weekly wage: $910
  • Establishments: 792
  • BLS QCEW, 2025
🏗️

Housing Supply

53
new units authorized (2025)
  • Single-family: 51
  • Multi-family: 2
  • U.S. Census Bureau, Building Permits Survey
🚚

Migration Patterns

+774
net migration (filers, 2021-2022)
  • Inflow: 18,471 (avg $44,435)
  • Outflow: 17,697 (avg $47,011)
  • IRS Statistics of Income

📍 Sub-Market Activity

Top 5 active ZIP codes in Edgecombe County · Latest: 2025

# ZIP Code HPI YoY Change Latest Year
1 27801 207.9 -16.35% 2025
2 27886 203.0 +11.90% 2025
3 27822 236.8 +12.73% 2025
4 27809 210.6 — 2024
5 27803 185.3 +1.50% 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 Edgecombe County Compares

MetricEdgecombe CountyNorth Carolina AverageU.S. Average
Median Home Value $125,100 $235,312 $227,706
Median Gross Rent $858 $976 $968
Owner Occupancy Rate 60.8% 71.8% 73.3%
Price/Rent Ratio 12.2 19.8 18.7

Market Analysis

The median home value in Edgecombe County is 46.8% below the North Carolina state average and 45.1% below the U.S. national average. The median rent of $858/month is 12.1% below the state average.

With a price-to-rent ratio of 12.2, buying a home in Edgecombe County is generally more favorable than renting for those planning to stay long-term. A ratio below 15 typically signals that purchasing is financially advantageous over a multi-year horizon.

Edgecombe County has an owner-occupancy rate of 60.8%, compared to 71.8% in North Carolina and 73.3% nationally. This indicates a more renter-heavy market than the U.S. average.

Similar Counties by Home Value

CountyStateMedian Home ValueMedian Rent
Wapello County Iowa $125,100 $920
Green County Kentucky $125,000 $610
Bracken County Kentucky $125,000 $756
Page County Iowa $125,300 $705
Scott County Tennessee $124,900 $686

Other Counties in North Carolina

CountyMedian Home ValueMedian RentOwner Occ.
Washington County $125,900 $743 68.0%
Hyde County $124,000 $1,263 71.9%
Richmond County $127,800 $724 65.9%
Lenoir County $120,500 $861 59.2%
Jones County $130,300 $747 79.4%

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).