Hyde County, North Carolina Housing Market
In Hyde County, North Carolina, the median home value is $124,000, with a median monthly rent of $1,263. This places Hyde County at #2565 nationally out of 3134 counties by median home value, and #91 within North Carolina.
📈 Price Trend (2017 → 2024)
ℹ️ FHFA HPI data is not available for this county due to limited mortgage transaction volume.
📍 Economic Snapshot
Employment & Wages
- Avg weekly wage: $803
- Establishments: 176
- BLS QCEW, 2025
Housing Supply
- Single-family: 35
- Multi-family: 0
- U.S. Census Bureau, Building Permits Survey
Migration Patterns
- Inflow: 1,737 (avg $58,255)
- Outflow: 1,605 (avg $60,265)
- IRS Statistics of Income
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💰 Mortgage Guide → 🧾 Property Tax Data →How Hyde County Compares
| Metric | Hyde County | North Carolina Average | U.S. Average |
|---|---|---|---|
| Median Home Value | $124,000 | $235,312 | $227,706 |
| Median Gross Rent | $1,263 | $976 | $968 |
| Owner Occupancy Rate | 71.9% | 71.8% | 73.3% |
| Price/Rent Ratio | 8.2 | 19.8 | 18.7 |
Market Analysis
The median home value in Hyde County is 47.3% below the North Carolina state average and 45.5% below the U.S. national average. The median rent of $1,263/month is 29.4% above the state average.
With a price-to-rent ratio of 8.2, buying a home in Hyde 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.
Hyde County has an owner-occupancy rate of 71.9%, 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 |
|---|---|---|---|
| Miller County | Georgia | $124,000 | $810 |
| Perry County | Mississippi | $124,000 | $755 |
| Sheridan County | Montana | $124,000 | $746 |
| Eddy County | North Dakota | $124,000 | $590 |
| Pickens County | Alabama | $123,900 | $648 |
Other Counties in North Carolina
| County | Median Home Value | Median Rent | Owner Occ. |
|---|---|---|---|
| Edgecombe County | $125,100 | $858 | 60.8% |
| Washington County | $125,900 | $743 | 68.0% |
| Lenoir County | $120,500 | $861 | 59.2% |
| Richmond County | $127,800 | $724 | 65.9% |
| Hertford County | $119,200 | $844 | 67.4% |
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).