Henderson County, North Carolina Housing Market

In Henderson County, North Carolina, the median home value is $351,400, with a median monthly rent of $1,187. This places Henderson County at #410 nationally out of 3134 counties by median home value, and #14 within North Carolina.

Median Home Value $351,400
Median Rent $1,187/mo
Owner Occupancy 75.0%
Price/Rent Ratio 24.7

📈 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 Henderson County fell -0.0% year-over-year as of 2025. (Source: FHFA)

📍 Economic Snapshot

💼

Employment & Wages

37,995
jobs (private sector)
  • Avg weekly wage: $1,063
  • Establishments: 3,917
  • BLS QCEW, 2025
🏗️

Housing Supply

1,093
new units authorized (2025)
  • Single-family: 686
  • Multi-family: 407
  • U.S. Census Bureau, Building Permits Survey
🚚

Migration Patterns

+4112
net migration (filers, 2021-2022)
  • Inflow: 50,792 (avg $81,961)
  • Outflow: 46,680 (avg $78,886)
  • IRS Statistics of Income

📍 Sub-Market Activity

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

# ZIP Code HPI YoY Change Latest Year
1 28742 304.4 +7.39% 2025
2 28729 309.9 +2.61% 2025
3 28731 283.2 -2.21% 2025
4 28791 296.4 +1.57% 2025
5 28739 300.0 -0.14% 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 Henderson County Compares

MetricHenderson CountyNorth Carolina AverageU.S. Average
Median Home Value $351,400 $235,312 $227,706
Median Gross Rent $1,187 $976 $968
Owner Occupancy Rate 75.0% 71.8% 73.3%
Price/Rent Ratio 24.7 19.8 18.7

Market Analysis

The median home value in Henderson County is 49.3% above the North Carolina state average and 54.3% above the U.S. national average. The median rent of $1,187/month is 21.6% above the state average.

With a price-to-rent ratio of 24.7, renting is generally more cost-effective than buying in the short to medium term. The market favors buyers only for long-term holds.

Henderson County has an owner-occupancy rate of 75.0%, 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
Moore County North Carolina $351,400 $1,254
Indian River County Florida $351,500 $1,357
Okaloosa County Florida $351,200 $1,612
Chisago County Minnesota $351,900 $1,186
Jefferson County West Virginia $350,800 $1,108

Other Counties in North Carolina

CountyMedian Home ValueMedian RentOwner Occ.
Moore County $351,400 $1,254 76.4%
Brunswick County $349,800 $1,351 84.6%
Cabarrus County $354,800 $1,414 71.2%
Watauga County $358,900 $1,127 62.1%
Camden County $337,100 $1,232 82.1%

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).