Richmond County, North Carolina Housing Market
In Richmond County, North Carolina, the median home value is $127,800, with a median monthly rent of $724. This places Richmond County at #2509 nationally out of 3134 counties by median home value, and #88 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: $911
- Establishments: 814
- BLS QCEW, 2025
Housing Supply
- Single-family: 53
- Multi-family: 56
- U.S. Census Bureau, Building Permits Survey
Migration Patterns
- Inflow: 15,880 (avg $49,236)
- Outflow: 15,283 (avg $49,353)
- IRS Statistics of Income
📍 Sub-Market Activity
Top 2 active ZIP codes in Richmond County · Latest: 2025
| # | ZIP Code | HPI | YoY Change | Latest Year |
|---|---|---|---|---|
| 1 | 28345 | 233.6 | -4.64% | 2025 |
| 2 | 28379 | 253.0 | +8.58% | 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 Richmond County Compares
| Metric | Richmond County | North Carolina Average | U.S. Average |
|---|---|---|---|
| Median Home Value | $127,800 | $235,312 | $227,706 |
| Median Gross Rent | $724 | $976 | $968 |
| Owner Occupancy Rate | 65.9% | 71.8% | 73.3% |
| Price/Rent Ratio | 14.7 | 19.8 | 18.7 |
Market Analysis
The median home value in Richmond County is 45.7% below the North Carolina state average and 43.9% below the U.S. national average. The median rent of $724/month is 25.8% below the state average.
With a price-to-rent ratio of 14.7, buying a home in Richmond 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.
Richmond County has an owner-occupancy rate of 65.9%, 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 |
|---|---|---|---|
| Panola County | Mississippi | $127,800 | $874 |
| Jefferson County | Ohio | $127,800 | $835 |
| Marshall County | Kansas | $127,700 | $690 |
| Knox County | Nebraska | $127,700 | $647 |
| Chautauqua County | New York | $127,900 | $812 |
Other Counties in North Carolina
| County | Median Home Value | Median Rent | Owner Occ. |
|---|---|---|---|
| Washington County | $125,900 | $743 | 68.0% |
| Jones County | $130,300 | $747 | 79.4% |
| Edgecombe County | $125,100 | $858 | 60.8% |
| Hyde County | $124,000 | $1,263 | 71.9% |
| Bladen County | $135,100 | $773 | 69.2% |
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).