Edgecombe County, North Carolina Housing Market Prices
Edgecombe 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 52% below the North Carolina median Cheaper than 73% of counties in North Carolina$134,077
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Median rent 30% below the North Carolina median$857
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Edgecombe County | North Carolina Avg | US Average |
|---|---|---|---|
| Median Home Price | $134,077 | $278,288 | $248,835 |
| Price Trend (Annual %) | 13.9% | 9.3% | 7.5% |
| Median Gross Rent | $857 | $1,227 | $1,407 |
| Rent Trend (Annual %) | 3.5% | 5.3% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Edgecombe County is about 52% lower than in North Carolina. Rent is about 30% lower than the North Carolina average.
Median Home and Rent Price Trends
Median Home Prices, 2015-2024
Median Rent Prices, 2015-2024
Both home prices and rent are rising in Edgecombe County, up about 13.9% and 3.5% a year respectively. Home prices are changing faster.
Median rent in Edgecombe County rose about 34.4% between 2015 and 2024, from $638 to $857. Over the same span, rent in North Carolina rose about 54.2%.
Affordability
On average, housing unit costs 2.6 yearly household incomes in Edgecombe County.
Buying the median-priced home in Edgecombe County costs roughly 13.0 years of rent at the median monthly rate. That is a relatively low price-to-rent ratio, which tends to favor buying over renting in Edgecombe County. The price-to-rent ratio in North Carolina is about 18.9.
| Metric | Edgecombe County | North Carolina Avg | US Average |
|---|---|---|---|
| Median Home Price | $134,077 | $278,288 | $248,835 |
| Median Household Income | $51,050 | $72,438 | $80,455 |
| Price-to-Income Ratio | 2.6 | 3.8 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Edgecombe County rose about 138.3%, while median household income rose about 53.2% 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 | Edgecombe County | North Carolina Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 51.3% | 58.3% | 58.5% |
| Rental Rate | 33.1% | 29.2% | 31.2% |
| Vacancy Rate | 15.6% | 12.5% | 10.2% |
| Median Tenure (years) | 17.0 | 15.0 | 15.0 |
| Median Year Moved In | 2009 | 2011 | 2011 |
Edgecombe County has a homeownership rate of 51.3%, lower than the North Carolina average of 58.3%. Its housing vacancy rate is 15.6%, compared with 12.5% in North Carolina.
Housing Stock
| Metric | Edgecombe County | North Carolina Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.44 people | 2.44 people | 2.53 people |
| Median Structure Built Year | 1979 | 1989 | 1978 |
| Median Number of Rooms | 5.3 | 5.6 | 5.5 |
The typical housing unit in Edgecombe County was built around 1979. On average, 2.4 people live in a home with about 5.3 rooms, staying for about 17.0 years on average.
Edgecombe County, NC Housing Compared With Nearby Counties
Edgecombe County, NC is the 4th largest of the 6 counties compared here, 48,736 residents against a local median of 79,278. The measure that sets Edgecombe County, NC apart most is median home price: $134,077, 27% below the local median of $182,462.
The counties themselves spread $116,335 on median home price, so Edgecombe County, NC sits at one end of an already wide local range rather than apart from it. Edgecombe County, NC has the 6th highest median home price of the 6 areas compared here.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Edgecombe County, NC | 48,736 | $134,077 #6/6 | $857 #4/6 | 60.8% #4/6 |
| Halifax County, NC | 47,661 | $266,060 | $813 | 62.9% |
| Wilson County, NC | 79,278 | $149,725 | $952 | 60.0% |
| Pitt County, NC | 177,193 | $249,582 | $993 | 51.4% |
| Nash County, NC | 96,212 | $182,462 | $952 | 63.6% |
| Greene County, NC | 20,465 | $180,242 | $852 | 66.5% |
Frequently Asked Questions
Common questions about the housing market in Edgecombe County, North Carolina.
What is the median home price in Edgecombe County, North Carolina?
The median home price in Edgecombe County, North Carolina is $134,077, lower than the North Carolina average of $278,288.
What is the average home price in Edgecombe County, North Carolina?
The typical home price in Edgecombe County, North Carolina, reported as the median sale price, is $134,077. 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 Edgecombe County, North Carolina?
The median gross rent in Edgecombe County, North Carolina is $857 per month, lower than the North Carolina average of $1,227.
What was the median gross rent in Edgecombe County in 2020?
In 2020, the median gross rent in Edgecombe County, North Carolina was $711 per month.
What is the price-to-rent ratio in Edgecombe County, North Carolina?
The price-to-rent ratio in Edgecombe County, North Carolina is about 13.0, meaning it would take roughly 13.0 years of rent payments at the median rent to equal the median home price. That is a relatively low price-to-rent ratio, which tends to favor buying over renting in Edgecombe County.
Are home prices or rent rising faster in Edgecombe County, North Carolina?
Both home prices and rent are rising in Edgecombe County, up about 13.9% and 3.5% a year respectively. Home prices are changing faster.
What is the homeownership rate in Edgecombe County, North Carolina?
51.3% of households in Edgecombe County, North Carolina own their home, lower than the North Carolina average of 58.3%.
What is the vacancy rate in Edgecombe County, North Carolina?
The housing vacancy rate in Edgecombe County, North Carolina is 15.6%, higher than the North Carolina average of 12.5%.
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