Johnston County, North Carolina Housing Market
In Johnston County, North Carolina, the median home value is $305,600, with a median monthly rent of $1,146. This places Johnston County at #598 nationally out of 3134 counties by median home value, and #22 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: $1,079
- Establishments: 5,307
- BLS QCEW, 2025
Housing Supply
- Single-family: 2,633
- Multi-family: 369
- U.S. Census Bureau, Building Permits Survey
Migration Patterns
- Inflow: 88,212 (avg $75,335)
- Outflow: 81,453 (avg $75,466)
- IRS Statistics of Income
📍 Sub-Market Activity
Top 10 active ZIP codes in Johnston County · Latest: 2025
| # | ZIP Code | HPI | YoY Change | Latest Year |
|---|---|---|---|---|
| 1 | 27569 | 243.2 | — | 2025 |
| 2 | 27576 | 276.9 | +4.26% | 2025 |
| 3 | 27542 | 199.1 | +2.14% | 2025 |
| 4 | 27577 | 225.9 | -1.80% | 2025 |
| 5 | 27603 | 261.1 | -1.63% | 2025 |
| 6 | 27529 | 263.4 | -2.36% | 2025 |
| 7 | 27520 | 255.1 | +3.52% | 2025 |
| 8 | 27591 | 258.2 | -0.52% | 2025 |
| 9 | 27610 | 316.4 | -0.51% | 2025 |
| 10 | 27527 | 243.2 | +4.07% | 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 Johnston County Compares
| Metric | Johnston County | North Carolina Average | U.S. Average |
|---|---|---|---|
| Median Home Value | $305,600 | $235,312 | $227,706 |
| Median Gross Rent | $1,146 | $976 | $968 |
| Owner Occupancy Rate | 76.1% | 71.8% | 73.3% |
| Price/Rent Ratio | 22.2 | 19.8 | 18.7 |
Market Analysis
The median home value in Johnston County is 29.9% above the North Carolina state average and 34.2% above the U.S. national average. The median rent of $1,146/month is 17.4% above the state average.
With a price-to-rent ratio of 22.2, renting is generally more cost-effective than buying in the short to medium term. The market favors buyers only for long-term holds.
Johnston County has an owner-occupancy rate of 76.1%, 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
| County | State | Median Home Value | Median Rent |
|---|---|---|---|
| Pike County | Georgia | $305,600 | $993 |
| Berkshire County | Massachusetts | $305,400 | $1,097 |
| Camden County | Missouri | $305,400 | $876 |
| Columbia County | Georgia | $305,300 | $1,409 |
| Augusta County | Virginia | $306,100 | $1,136 |
Other Counties in North Carolina
| County | Median Home Value | Median Rent | Owner Occ. |
|---|---|---|---|
| Pender County | $299,000 | $1,106 | 82.7% |
| Polk County | $315,000 | $1,178 | 76.9% |
| Lincoln County | $321,000 | $1,015 | 78.9% |
| Iredell County | $321,400 | $1,252 | 71.9% |
| Jackson County | $284,700 | $904 | 60.8% |
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 2026-10-14. The price-to-rent ratio is calculated as Median Home Value ÷ (Median Monthly Rent × 12).