Data through September 2026 · updated 2026-11-07 · free, from Zillow, Realtor.com, the Census Bureau and other public sources
Typical home value$179,054−0.6% YoY · prices are falling
Market right nowBalanced, leaning buyersMore homes for sale than last year, 19% have cut their price
Income needed to buy, per year$38,815About 0.6× the local median income ($59,786): affordable for a typical household
Days on market73 daysSlower than a year ago: buyers have time to negotiate
Next 12 months−0.5%Zillow expects prices to stay about flat
The typical home in Wayne County, NC is worth $179,054, down 0.6% from a year ago. That is slightly below what local incomes have historically supported: fair value is about $185,304, so the area is 3.4% undervalued. It is a balanced market, leaning toward buyers: homes take about 73 days to sell, listings are up 3% from a year ago, 19% of listings have had a price cut. Zillow expects prices to fall about 0.5% over the next year. A household needs about $38,815 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 $59,786. Typical rent is $1,519 a month, or $1,622 for a house. In the latest IRS figures, 289 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
$179,054
Change in 1 year
−0.6%
Overvalued %
−3.4%
Show 7 more
Fair home value
$185,304
Change in 5 years
+16.6%
Zillow forecast, next 12 months
−0.5%
Home value to income
3.0×
Monthly mortgage payment (20% down)
$970
Income needed to afford it
$38,815
Property tax rate
0.70%
Rent and investing
Typical rent
$1,519
Typical rent for houses
$1,622
Price-to-rent ratio
9.8×
Show 3 more
HUD Fair Market Rent, 2 bedrooms
$1,261
Gross rental yield
10.18%
Cap rate (estimate)
6.62%
Market activity
Listings vs a year ago
+3.0%
Days on market
73
Listings with a price cut
19.3%
Show 3 more
Homes for sale
410
Pending sales per 100 listings
33
Asking price per sq ft
$160
People and jobs
Median household income
$59,786
Population change (1 year)
+0.9%
Unemployment rate
5.2%
Show 4 more
Population
122,278
Income adjusted for cost of living
$67,555
Net moves in (IRS)
+289
Cost of living (US = 100)
88.5
Schools, risk and environment
School rating (1 to 10)
3.0
FEMA hazard risk score (0 to 100)
90.4
Unhealthy air days a year
0
Show 4 more
Flood risk score
89.3
Wildfire risk score
55.4
Walkability (1 to 20)
5.6
Road, rail and air noise
54 dB
Questions people ask
Is Wayne County, NC overvalued?
Home prices in Wayne County, NC are slightly below what local incomes have historically supported: fair value is about $185,304, so the area is 3.4% undervalued.
Is Wayne County, NC a buyer's or seller's market?
Wayne County, NC is a balanced market, leaning toward buyers: homes take about 73 days to sell, listings are up 3% from a year ago, 19% of listings have had a price cut.
Are home prices going down in Wayne County, NC?
Home values in Wayne County, NC are down 0.6% over the last year. Zillow's forecast for the next 12 months is −0.5%.
How much do you need to earn to buy a home in Wayne County, NC?
A household needs about $38,815 a year to afford the typical home in Wayne County, NC at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $59,786.