Caswell County, North Carolina Housing Market Prices
Caswell County Home Prices and Rent at a Glance
The median home price (often called the average home price), rent costs, affordability metrics, and housing stock characteristics for this housing market.
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Median home price 12% above the North Carolina median More expensive than 80% of counties in North Carolina$311,572
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Median rent 41% below the North Carolina median Cheaper than 94% of counties in North Carolina$726
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Caswell County | North Carolina Avg | US Average |
|---|---|---|---|
| Median Home Price | $311,572 | $278,288 | $248,835 |
| Price Trend (Annual %) | 37.5% | 9.3% | 7.5% |
| Median Gross Rent | $726 | $1,227 | $1,407 |
| Rent Trend (Annual %) | 4.0% | 5.3% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Caswell County is about 12% higher than in North Carolina. Rent is about 41% lower than the North Carolina average.
Median Home and Rent Price Trends
Median Home Prices, 2015-2021
Median Rent Prices, 2015-2024
Both home prices and rent are rising in Caswell County, up about 37.5% and 4.0% a year respectively. Home prices are changing faster.
Median rent in Caswell County rose about 27.2% between 2015 and 2024, from $571 to $726. Over the same span, rent in North Carolina rose about 54.2%.
Affordability
On average, housing unit costs 5.2 yearly household incomes in Caswell County.
Buying the median-priced home in Caswell County costs roughly 35.8 years of rent at the median monthly rate. That is a relatively high price-to-rent ratio, which tends to favor renting over buying in Caswell County. The price-to-rent ratio in North Carolina is about 18.9.
| Metric | Caswell County | North Carolina Avg | US Average |
|---|---|---|---|
| Median Home Price | $311,572 | $278,288 | $248,835 |
| Median Household Income | $59,654 | $72,438 | $80,455 |
| Price-to-Income Ratio | 5.2 | 3.8 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2021, the median home price in Caswell County rose about 356.4%, while median household income rose about 48.0% between 2009 and 2025 — the home price grew faster than income.
Income Growth vs Housing Cost Growth (Year-over-Year %)
Compare income and housing cost trends.
Occupancy & Tenure
| Metric | Caswell County | North Carolina Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 63.1% | 58.3% | 58.5% |
| Rental Rate | 20.8% | 29.2% | 31.2% |
| Vacancy Rate | 16.1% | 12.5% | 10.2% |
| Median Tenure (years) | 18.0 | 15.0 | 15.0 |
| Median Year Moved In | 2008 | 2011 | 2011 |
Caswell County has a homeownership rate of 63.1%, higher than the North Carolina average of 58.3%. Its housing vacancy rate is 16.1%, compared with 12.5% in North Carolina.
Housing Stock
| Metric | Caswell County | North Carolina Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.40 people | 2.44 people | 2.53 people |
| Median Structure Built Year | 1971 | 1989 | 1978 |
| Median Number of Rooms | 5.7 | 5.6 | 5.5 |
The typical housing unit in Caswell County was built around 1971. On average, 2.4 people live in a home with about 5.7 rooms, staying for about 18.0 years on average.
Caswell County, NC Housing Compared With Nearby Counties
Caswell County, NC is the smallest of the 5 counties compared here, 22,375 residents against a local median of 104,756. The measure that sets Caswell County, NC apart most is median rent: $726, 25% below the local median of $964.
Median home price tells the same story from another angle: $311,572 against a local median of $255,134, 22% above it. The counties themselves spread $635 on median rent, so Caswell County, NC sits at one end of an already wide local range rather than apart from it. Caswell County, NC has the 5th highest median rent of the 5 areas compared here.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Caswell County, NC | 22,375 | $311,572 #2/5 | $726 #5/5 | 75.2% #3/5 |
| Alamance County, NC | 176,834 | $238,268 | $1,064 | 65.0% |
| Person County, NC | 39,541 | $2,026,786 | $864 | 77.3% |
| Orange County, NC | 149,658 | $271,999 | $1,495 | 63.8% |
| Pittsylvania County, VA | 59,854 | $161,218 | $860 | 78.7% |
Frequently Asked Questions
Common questions about the housing market in Caswell County, North Carolina.
What is the median home price in Caswell County, North Carolina?
The median home price in Caswell County, North Carolina is $311,572, higher than the North Carolina average of $278,288.
What is the average home price in Caswell County, North Carolina?
The typical home price in Caswell County, North Carolina, reported as the median sale price, is $311,572. The median is used instead of a mathematical average because it is not skewed by a small number of very expensive or very cheap homes, so it better reflects what a typical buyer pays.
What is the median rent in Caswell County, North Carolina?
The median gross rent in Caswell County, North Carolina is $726 per month, lower than the North Carolina average of $1,227.
What was the median gross rent in Caswell County in 2020?
In 2020, the median gross rent in Caswell County, North Carolina was $571 per month.
What is the price-to-rent ratio in Caswell County, North Carolina?
The price-to-rent ratio in Caswell County, North Carolina is about 35.8, meaning it would take roughly 35.8 years of rent payments at the median rent to equal the median home price. That is a relatively high price-to-rent ratio, which tends to favor renting over buying in Caswell County.
Are home prices or rent rising faster in Caswell County, North Carolina?
Both home prices and rent are rising in Caswell County, up about 37.5% and 4.0% a year respectively. Home prices are changing faster.
What is the homeownership rate in Caswell County, North Carolina?
63.1% of households in Caswell County, North Carolina own their home, higher than the North Carolina average of 58.3%.
What is the vacancy rate in Caswell County, North Carolina?
The housing vacancy rate in Caswell County, North Carolina is 16.1%, higher than the North Carolina average of 12.5%.
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