Pasquotank County, North Carolina Housing Market
In Pasquotank County, North Carolina, the median home value is $234,600, with a median monthly rent of $1,170. This places Pasquotank County at #1036 nationally out of 3134 counties by median home value, and #46 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: $928
- Establishments: 1,067
- BLS QCEW, 2025
Housing Supply
- Single-family: 274
- Multi-family: 0
- U.S. Census Bureau, Building Permits Survey
Migration Patterns
- Inflow: 16,141 (avg $59,851)
- Outflow: 14,803 (avg $60,165)
- IRS Statistics of Income
💰 Ready to Finance a Purchase?
See the 2026 FHA and conforming loan limits for Pasquotank County, plus monthly payment estimates at today's mortgage rates.
View Mortgage Guide for Pasquotank County →How Pasquotank County Compares
| Metric | Pasquotank County | North Carolina Average | U.S. Average |
|---|---|---|---|
| Median Home Value | $234,600 | $235,312 | $227,706 |
| Median Gross Rent | $1,170 | $976 | $968 |
| Owner Occupancy Rate | 67.5% | 71.8% | 73.3% |
| Price/Rent Ratio | 16.7 | 19.8 | 18.7 |
Market Analysis
The median home value in Pasquotank County is about equal to the North Carolina state average and 3.0% above the U.S. national average. The median rent of $1,170/month is 19.9% above the state average.
With a price-to-rent ratio of 16.7, the buy-vs-rent decision in Pasquotank County is balanced. Whether buying or renting makes more sense depends on your time horizon, down payment capacity, and local market conditions.
Pasquotank County has an owner-occupancy rate of 67.5%, 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 |
|---|---|---|---|
| Lexington County | South Carolina | $234,500 | $1,178 |
| Wagoner County | Oklahoma | $234,800 | $1,068 |
| Giles County | Tennessee | $234,300 | $862 |
| Musselshell County | Montana | $235,000 | $1,138 |
| Garrett County | Maryland | $235,300 | $765 |
Other Counties in North Carolina
| County | Median Home Value | Median Rent | Owner Occ. |
|---|---|---|---|
| Chowan County | $235,800 | $681 | 70.5% |
| Onslow County | $236,400 | $1,265 | 63.7% |
| Cherokee County | $232,300 | $813 | 83.7% |
| Perquimans County | $231,700 | $1,008 | 76.5% |
| Craven County | $231,600 | $1,110 | 68.4% |
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).