Data through September 2026 · updated 2026-11-07 · free, from Zillow, Realtor.com, the Census Bureau and other public sources
Typical home value$275,008+2.0% YoY · prices are rising
Market right nowBalanced, leaning sellersMore homes for sale than last year, 17% have cut their price
Income needed to buy, per year$59,616About 0.9× the local median income ($65,661): affordable for a typical household
Days on market67 daysSlower than a year ago: buyers have time to negotiate
The typical home in Craven County, NC is worth $275,008, up 2.0% from a year ago. That is well above what local incomes have historically supported: fair value is about $243,647, so the area is 12.9% overvalued. It is a balanced market, leaning toward sellers: homes take about 67 days to sell, listings are up 2% from a year ago, 17% of listings have had a price cut. A household needs about $59,616 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 $65,661. Typical rent is $1,589 a month. In the latest IRS figures, 599 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
$275,008
Change in 1 year
+2.0%
Overvalued %
+12.9%
Show 6 more
Fair home value
$243,647
Change in 5 years
+37.3%
Home value to income
4.2×
Monthly mortgage payment (20% down)
$1,490
Income needed to afford it
$59,616
Property tax rate
0.63%
Rent and investing
Typical rent
$1,589
Price-to-rent ratio
14.4×
HUD Fair Market Rent, 2 bedrooms
$1,246
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Gross rental yield
6.93%
Cap rate (estimate)
4.51%
Market activity
Listings vs a year ago
+1.8%
Days on market
67
Listings with a price cut
16.8%
Show 3 more
Homes for sale
448
Pending sales per 100 listings
45
Asking price per sq ft
$187
People and jobs
Median household income
$65,661
Population change (1 year)
+0.8%
Unemployment rate
4.2%
Show 4 more
Population
105,025
Income adjusted for cost of living
$74,277
Net moves in (IRS)
+599
Cost of living (US = 100)
88.4
Schools, risk and environment
School rating (1 to 10)
5.8
FEMA hazard risk score (0 to 100)
93.6
Flood risk score
76.0
Show 3 more
Wildfire risk score
83.3
Walkability (1 to 20)
6.3
Road, rail and air noise
54 dB
Questions people ask
Is Craven County, NC overvalued?
Home prices in Craven County, NC are well above what local incomes have historically supported: fair value is about $243,647, so the area is 12.9% overvalued.
Is Craven County, NC a buyer's or seller's market?
Craven County, NC is a balanced market, leaning toward sellers: homes take about 67 days to sell, listings are up 2% from a year ago, 17% of listings have had a price cut.
Are home prices going down in Craven County, NC?
Home values in Craven County, NC are up 2.0% over the last year.
How much do you need to earn to buy a home in Craven County, NC?
A household needs about $59,616 a year to afford the typical home in Craven County, NC at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $65,661.