Northampton County, North Carolina Housing Market

In Northampton County, North Carolina, the median home value is $114,500, with a median monthly rent of $758. This places Northampton County at #2731 nationally out of 3134 counties by median home value, and #96 within North Carolina.

Median Home Value $114,500
Median Rent $758/mo
Owner Occupancy 74.6%
Price/Rent Ratio 12.6

📈 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 Northampton County fell -16.7% year-over-year as of 2025. (Source: FHFA)

📍 Economic Snapshot

💼

Employment & Wages

3,746
jobs (private sector)
  • Avg weekly wage: $1,024
  • Establishments: 297
  • BLS QCEW, 2025
🏗️

Housing Supply

15
new units authorized (2025)
  • Single-family: 15
  • Multi-family: 0
  • U.S. Census Bureau, Building Permits Survey
🚚

Migration Patterns

+365
net migration (filers, 2021-2022)
  • Inflow: 6,665 (avg $51,631)
  • Outflow: 6,300 (avg $50,544)
  • IRS Statistics of Income

How Northampton County Compares

MetricNorthampton CountyNorth Carolina AverageU.S. Average
Median Home Value $114,500 $235,312 $227,706
Median Gross Rent $758 $976 $968
Owner Occupancy Rate 74.6% 71.8% 73.3%
Price/Rent Ratio 12.6 19.8 18.7

Market Analysis

The median home value in Northampton County is 51.3% below the North Carolina state average and 49.7% below the U.S. national average. The median rent of $758/month is 22.3% below the state average.

With a price-to-rent ratio of 12.6, buying a home in Northampton 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.

Northampton County has an owner-occupancy rate of 74.6%, 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
Carroll County Illinois $114,500 $818
Webster Parish Louisiana $114,500 $795
Wells County North Dakota $114,500 $648
Taylor County Florida $114,600 $988
Van Buren County Iowa $114,600 $622

Other Counties in North Carolina

CountyMedian Home ValueMedian RentOwner Occ.
Scotland County $114,900 $778 61.8%
Greene County $117,400 $853 66.5%
Hertford County $119,200 $844 67.4%
Martin County $109,700 $758 66.8%
Lenoir County $120,500 $861 59.2%

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).