Halifax County, North Carolina Housing Market
In Halifax County, North Carolina, the median home value is $106,200, with a median monthly rent of $813. This places Halifax County at #2839 nationally out of 3134 counties by median home value, and #98 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: $893
- Establishments: 948
- BLS QCEW, 2025
Housing Supply
- Single-family: 73
- Multi-family: 2
- U.S. Census Bureau, Building Permits Survey
Migration Patterns
- Inflow: 17,765 (avg $52,492)
- Outflow: 17,125 (avg $52,374)
- IRS Statistics of Income
📍 Sub-Market Activity
Top 2 active ZIP codes in Halifax County · Latest: 2025
| # | ZIP Code | HPI | YoY Change | Latest Year |
|---|---|---|---|---|
| 1 | 27850 | 283.5 | +8.31% | 2025 |
| 2 | 27870 | 183.1 | -1.34% | 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 Halifax County Compares
| Metric | Halifax County | North Carolina Average | U.S. Average |
|---|---|---|---|
| Median Home Value | $106,200 | $235,312 | $227,706 |
| Median Gross Rent | $813 | $976 | $968 |
| Owner Occupancy Rate | 62.9% | 71.8% | 73.3% |
| Price/Rent Ratio | 10.9 | 19.8 | 18.7 |
Market Analysis
The median home value in Halifax County is 54.9% below the North Carolina state average and 53.4% below the U.S. national average. The median rent of $813/month is 16.7% below the state average.
With a price-to-rent ratio of 10.9, buying a home in Halifax 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.
Halifax County has an owner-occupancy rate of 62.9%, 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
| County | State | Median Home Value | Median Rent |
|---|---|---|---|
| Newton County | Mississippi | $106,300 | $638 |
| Wheeler County | Texas | $106,100 | $970 |
| Mitchell County | Georgia | $106,000 | $797 |
| Barnwell County | South Carolina | $106,000 | $740 |
| Woodruff County | Arkansas | $106,500 | $613 |
Other Counties in North Carolina
| County | Median Home Value | Median Rent | Owner Occ. |
|---|---|---|---|
| Martin County | $109,700 | $758 | 66.8% |
| Bertie County | $98,500 | $839 | 72.7% |
| Northampton County | $114,500 | $758 | 74.6% |
| Scotland County | $114,900 | $778 | 61.8% |
| Greene County | $117,400 | $853 | 66.5% |
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).