Tyrrell County, North Carolina Housing Market
In Tyrrell County, North Carolina, the median home value is $164,500, with a median monthly rent of $644. This places Tyrrell County at #1916 nationally out of 3134 counties by median home value, and #77 within North Carolina.
📈 Price Trend (2017 → 2024)
ℹ️ FHFA HPI data is not available for this county due to limited mortgage transaction volume.
📍 Economic Snapshot
Employment & Wages
- Avg weekly wage: $948
- Establishments: 81
- BLS QCEW, 2025
Housing Supply
- Single-family: 18
- Multi-family: 0
- U.S. Census Bureau, Building Permits Survey
Migration Patterns
- Inflow: 1,423 (avg $46,970)
- Outflow: 1,308 (avg $47,956)
- IRS Statistics of Income
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| Metric | Tyrrell County | North Carolina Average | U.S. Average |
|---|---|---|---|
| Median Home Value | $164,500 | $235,312 | $227,706 |
| Median Gross Rent | $644 | $976 | $968 |
| Owner Occupancy Rate | 77.8% | 71.8% | 73.3% |
| Price/Rent Ratio | 21.3 | 19.8 | 18.7 |
Market Analysis
The median home value in Tyrrell County is 30.1% below the North Carolina state average and 27.8% below the U.S. national average. The median rent of $644/month is 34.0% below the state average.
With a price-to-rent ratio of 21.3, renting is generally more cost-effective than buying in the short to medium term. The market favors buyers only for long-term holds.
Tyrrell County has an owner-occupancy rate of 77.8%, 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 |
|---|---|---|---|
| Winnebago County | Illinois | $164,500 | $1,021 |
| Iberia Parish | Louisiana | $164,500 | $897 |
| Marshall County | Minnesota | $164,500 | $690 |
| Caswell County | North Carolina | $164,500 | $727 |
| Marshall County | Oklahoma | $164,500 | $824 |
Other Counties in North Carolina
| County | Median Home Value | Median Rent | Owner Occ. |
|---|---|---|---|
| Caswell County | $164,500 | $727 | 75.2% |
| Montgomery County | $161,700 | $766 | 75.0% |
| Vance County | $161,500 | $883 | 60.1% |
| Rockingham County | $168,600 | $810 | 72.1% |
| Wilkes County | $168,800 | $723 | 73.5% |
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).