Graham County, North Carolina Housing Market

In Graham County, North Carolina, the median home value is $170,600, with a median monthly rent of $676. This places Graham County at #1794 nationally out of 3134 counties by median home value, and #74 within North Carolina.

Median Home Value $170,600
Median Rent $676/mo
Owner Occupancy 80.7%
Price/Rent Ratio 21.0

📈 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 Graham County rose +0.9% year-over-year as of 2025. (Source: FHFA)

📍 Economic Snapshot

💼

Employment & Wages

1,443
jobs (private sector)
  • Avg weekly wage: $977
  • Establishments: 189
  • BLS QCEW, 2025
🏗️

Housing Supply

28
new units authorized (2025)
  • Single-family: 28
  • Multi-family: 0
  • U.S. Census Bureau, Building Permits Survey
🚚

Migration Patterns

+204
net migration (filers, 2021-2022)
  • Inflow: 2,999 (avg $54,433)
  • Outflow: 2,795 (avg $53,777)
  • IRS Statistics of Income

How Graham County Compares

MetricGraham CountyNorth Carolina AverageU.S. Average
Median Home Value $170,600 $235,312 $227,706
Median Gross Rent $676 $976 $968
Owner Occupancy Rate 80.7% 71.8% 73.3%
Price/Rent Ratio 21.0 19.8 18.7

Market Analysis

The median home value in Graham County is 27.5% below the North Carolina state average and 25.1% below the U.S. national average. The median rent of $676/month is 30.7% below the state average.

With a price-to-rent ratio of 21.0, renting is generally more cost-effective than buying in the short to medium term. The market favors buyers only for long-term holds.

Graham County has an owner-occupancy rate of 80.7%, 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
Dade County Missouri $170,600 $683
Laurens County South Carolina $170,600 $880
Charles Mix County South Dakota $170,600 $704
Genesee County New York $170,500 $929
Fayette County Ohio $170,700 $822

Other Counties in North Carolina

CountyMedian Home ValueMedian RentOwner Occ.
Gates County $170,800 $1,143 80.9%
McDowell County $171,100 $806 75.6%
Wilkes County $168,800 $723 73.5%
Rockingham County $168,600 $810 72.1%
Tyrrell County $164,500 $644 77.8%

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 2026-10-13. The price-to-rent ratio is calculated as Median Home Value ÷ (Median Monthly Rent × 12).