Pamlico County, North Carolina Housing Market

In Pamlico County, North Carolina, the median home value is $216,800, with a median monthly rent of $752. This places Pamlico County at #1226 nationally out of 3134 counties by median home value, and #53 within North Carolina.

Median Home Value $216,800
Median Rent $752/mo
Owner Occupancy 82.9%
Price/Rent Ratio 24.0

📈 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 Pamlico County rose +10.3% year-over-year as of 2025. (Source: FHFA)

📍 Economic Snapshot

💼

Employment & Wages

3,314
jobs (private sector)
  • Avg weekly wage: $666
  • Establishments: 294
  • BLS QCEW, 2025
🏗️

Housing Supply

97
new units authorized (2025)
  • Single-family: 97
  • Multi-family: 0
  • U.S. Census Bureau, Building Permits Survey
🚚

Migration Patterns

+511
net migration (filers, 2021-2022)
  • Inflow: 5,185 (avg $76,006)
  • Outflow: 4,674 (avg $72,523)
  • IRS Statistics of Income

📍 Sub-Market Activity

Top 1 active ZIP codes in Pamlico County · Latest: 2025

# ZIP Code HPI YoY Change Latest Year
1 28571 253.7 +2.28% 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 Pamlico County Compares

MetricPamlico CountyNorth Carolina AverageU.S. Average
Median Home Value $216,800 $235,312 $227,706
Median Gross Rent $752 $976 $968
Owner Occupancy Rate 82.9% 71.8% 73.3%
Price/Rent Ratio 24.0 19.8 18.7

Market Analysis

The median home value in Pamlico County is 7.9% below the North Carolina state average and 4.8% below the U.S. national average. The median rent of $752/month is 23.0% below the state average.

With a price-to-rent ratio of 24.0, renting is generally more cost-effective than buying in the short to medium term. The market favors buyers only for long-term holds.

Pamlico County has an owner-occupancy rate of 82.9%, 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
Brule County South Dakota $216,800 $835
Clark County Idaho $216,900 $773
Boone County Illinois $216,900 $1,041
Jefferson County Kansas $216,900 $835
Eaton County Michigan $216,900 $1,092

Other Counties in North Carolina

CountyMedian Home ValueMedian RentOwner Occ.
Alleghany County $214,800 $675 74.4%
Davidson County $219,100 $901 74.4%
Hoke County $219,300 $1,089 73.0%
Person County $213,900 $864 77.3%
Mitchell County $220,100 $813 76.3%

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).