Data through September 2026 · updated 2026-11-07 · free, from Zillow, Realtor.com, the Census Bureau and other public sources
Typical home value$469,750+3.0% YoY · prices are rising
Market right nowBalanced, leaning buyersMore homes for sale than last year, 15% have cut their price
Income needed to buy, per year$101,832About 1.3× the local median income ($76,739): a stretch for a typical household
Days on market92 daysSlower than a year ago: buyers have time to negotiate
The typical home in Carteret County, NC is worth $469,750, up 3.0% from a year ago. That is slightly above what local incomes have historically supported: fair value is about $439,104, so the area is 7.0% overvalued. It is a balanced market, leaning toward buyers: homes take about 92 days to sell, listings are up 17% from a year ago, 15% of listings have had a price cut. A household needs about $101,832 a year to afford the typical home here at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $76,739. Typical rent is $1,827 a month. In the latest IRS figures, 727 more people moved in than out.
Home value over time
Solid: typical home value · dashed: fair value (household income × the 20-year average price-to-income ratio). Sources: FHFA, Zillow, U.S. Census Bureau.
Prices and affordability
Typical home value
$469,750
Change in 1 year
+3.0%
Overvalued %
+7.0%
Show 6 more
Fair home value
$439,104
Change in 5 years
+30.3%
Home value to income
6.1×
Monthly mortgage payment (20% down)
$2,546
Income needed to afford it
$101,832
Property tax rate
0.43%
Rent and investing
Typical rent
$1,827
Price-to-rent ratio
21.4×
HUD Fair Market Rent, 2 bedrooms
$1,277
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Gross rental yield
4.67%
Cap rate (estimate)
3.03%
Market activity
Listings vs a year ago
+16.7%
Days on market
92
Listings with a price cut
14.9%
Show 3 more
Homes for sale
670
Pending sales per 100 listings
26
Asking price per sq ft
$338
People and jobs
Median household income
$76,739
Population change (1 year)
+0.4%
Unemployment rate
4.0%
Show 4 more
Population
70,469
Income adjusted for cost of living
$86,809
Net moves in (IRS)
+727
Cost of living (US = 100)
88.4
Schools, risk and environment
School rating (1 to 10)
8.6
FEMA hazard risk score (0 to 100)
93.5
Unhealthy air days a year
0
Show 4 more
Flood risk score
88.2
Wildfire risk score
88.6
Walkability (1 to 20)
6.3
Road, rail and air noise
54 dB
Questions people ask
Is Carteret County, NC overvalued?
Home prices in Carteret County, NC are slightly above what local incomes have historically supported: fair value is about $439,104, so the area is 7.0% overvalued.
Is Carteret County, NC a buyer's or seller's market?
Carteret County, NC is a balanced market, leaning toward buyers: homes take about 92 days to sell, listings are up 17% from a year ago, 15% of listings have had a price cut.
Are home prices going down in Carteret County, NC?
Home values in Carteret County, NC are up 3.0% over the last year.
How much do you need to earn to buy a home in Carteret County, NC?
A household needs about $101,832 a year to afford the typical home in Carteret County, NC at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $76,739.