Data through September 2026 · updated 2026-11-08 · free, from Zillow, Realtor.com, the Census Bureau and other public sources
Typical home value$264,204+1.1% YoY · prices are rising
Market right nowBalanced, leaning buyersMore homes for sale than last year, 17% have cut their price
Income needed to buy, per year$57,274About 0.9× the local median income ($64,384): affordable for a typical household
Days on market71 daysSlower than a year ago: buyers have time to negotiate
The typical home in Pasquotank County, NC is worth $264,204, up 1.1% from a year ago. That is slightly above what local incomes have historically supported: fair value is about $245,862, so the area is 7.5% overvalued. It is a balanced market, leaning toward buyers: homes take about 71 days to sell, listings are up 33% from a year ago, 17% of listings have had a price cut. A household needs about $57,274 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 $64,384. Typical rent is $1,457 a month. In the latest IRS figures, 159 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
$264,204
Change in 1 year
+1.1%
Overvalued %
+7.5%
Show 6 more
Fair home value
$245,862
Change in 5 years
+33.2%
Home value to income
4.1×
Monthly mortgage payment (20% down)
$1,432
Income needed to afford it
$57,274
Property tax rate
0.67%
Rent and investing
Typical rent
$1,457
Price-to-rent ratio
15.1×
HUD Fair Market Rent, 2 bedrooms
$1,220
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Gross rental yield
6.62%
Cap rate (estimate)
4.30%
Market activity
Listings vs a year ago
+32.9%
Days on market
71
Listings with a price cut
16.8%
Show 3 more
Homes for sale
222
Pending sales per 100 listings
38
Asking price per sq ft
$190
People and jobs
Median household income
$64,384
Population change (1 year)
+1.4%
Unemployment rate
5.8%
Show 4 more
Population
42,201
Income adjusted for cost of living
$72,833
Net moves in (IRS)
+159
Cost of living (US = 100)
88.4
Schools, risk and environment
School rating (1 to 10)
6.0
FEMA hazard risk score (0 to 100)
58.7
Flood risk score
63.4
Show 3 more
Wildfire risk score
44.5
Walkability (1 to 20)
7.5
Road, rail and air noise
56 dB
Questions people ask
Is Pasquotank County, NC overvalued?
Home prices in Pasquotank County, NC are slightly above what local incomes have historically supported: fair value is about $245,862, so the area is 7.5% overvalued.
Is Pasquotank County, NC a buyer's or seller's market?
Pasquotank County, NC is a balanced market, leaning toward buyers: homes take about 71 days to sell, listings are up 33% from a year ago, 17% of listings have had a price cut.
Are home prices going down in Pasquotank County, NC?
Home values in Pasquotank County, NC are up 1.1% over the last year.
How much do you need to earn to buy a home in Pasquotank County, NC?
A household needs about $57,274 a year to afford the typical home in Pasquotank County, NC at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $64,384.