Data through September 2026 · updated 2026-11-07 · free, from Zillow, Realtor.com, the Census Bureau and other public sources
Typical home value$246,547+4.6% YoY · prices are rising fast
Market right nowBalanced, leaning buyersMore homes for sale than last year, 22% have cut their price
Income needed to buy, per year$53,446About 0.9× the local median income ($60,520): affordable for a typical household
Days on market78 daysAbout the same pace as a year ago
Next 12 months−0.4%Zillow expects prices to stay about flat
The typical home in Person County, NC is worth $246,547, up 4.6% from a year ago. That is well above what local incomes have historically supported: fair value is about $193,702, so the area is 27.3% overvalued. It is a balanced market, leaning toward buyers: homes take about 78 days to sell, listings are up 30% from a year ago, 22% of listings have had a price cut. Zillow expects prices to fall about 0.4% over the next year. A household needs about $53,446 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 $60,520. In the latest IRS figures, 438 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
$246,547
Change in 1 year
+4.6%
Overvalued %
+27.3%
Show 7 more
Fair home value
$193,702
Change in 5 years
+24.2%
Zillow forecast, next 12 months
−0.4%
Home value to income
4.1×
Monthly mortgage payment (20% down)
$1,336
Income needed to afford it
$53,446
Property tax rate
0.62%
Rent and investing
HUD Fair Market Rent, 2 bedrooms
$1,012
Market activity
Listings vs a year ago
+29.6%
Days on market
78
Listings with a price cut
22.2%
Show 3 more
Homes for sale
127
Pending sales per 100 listings
28
Asking price per sq ft
$204
People and jobs
Median household income
$60,520
Population change (1 year)
+0.9%
Unemployment rate
5.6%
Show 4 more
Population
40,636
Income adjusted for cost of living
$62,008
Net moves in (IRS)
+438
Cost of living (US = 100)
97.6
Schools, risk and environment
School rating (1 to 10)
9.7
FEMA hazard risk score (0 to 100)
41.5
Unhealthy air days a year
0
Show 4 more
Flood risk score
54.5
Wildfire risk score
20.9
Walkability (1 to 20)
5.2
Road, rail and air noise
55 dB
Questions people ask
Is Person County, NC overvalued?
Home prices in Person County, NC are well above what local incomes have historically supported: fair value is about $193,702, so the area is 27.3% overvalued.
Is Person County, NC a buyer's or seller's market?
Person County, NC is a balanced market, leaning toward buyers: homes take about 78 days to sell, listings are up 30% from a year ago, 22% of listings have had a price cut.
Are home prices going down in Person County, NC?
Home values in Person County, NC are up 4.6% over the last year. Zillow's forecast for the next 12 months is −0.4%.
How much do you need to earn to buy a home in Person County, NC?
A household needs about $53,446 a year to afford the typical home in Person County, NC at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $60,520.