Greene County, North Carolina Housing Market Prices
Greene 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.
-
Median home price 35% below the North Carolina median$180,242
-
Median rent 31% below the North Carolina median$852
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Greene County | North Carolina Avg | US Average |
|---|---|---|---|
| Median Home Price | $180,242 | $278,288 | $248,835 |
| Price Trend (Annual %) | 17.8% | 9.3% | 7.5% |
| Median Gross Rent | $852 | $1,227 | $1,407 |
| Rent Trend (Annual %) | 4.0% | 5.3% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Greene County is about 35% lower than in North Carolina. Rent is about 31% 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 Greene County, up about 17.8% and 4.0% a year respectively. Home prices are changing faster.
Median rent in Greene County rose about 41.3% between 2015 and 2024, from $603 to $852. Over the same span, rent in North Carolina rose about 54.2%.
Affordability
On average, housing unit costs 3.4 yearly household incomes in Greene County.
Buying the median-priced home in Greene County costs roughly 17.6 years of rent at the median monthly rate. That is a moderate price-to-rent ratio, where buying and renting are often similarly cost-effective in Greene County. The price-to-rent ratio in North Carolina is about 18.9.
| Metric | Greene County | North Carolina Avg | US Average |
|---|---|---|---|
| Median Home Price | $180,242 | $278,288 | $248,835 |
| Median Household Income | $52,621 | $72,438 | $80,455 |
| Price-to-Income Ratio | 3.4 | 3.8 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Greene County rose about 219.6%, while median household income rose about 27.9% 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 | Greene County | North Carolina Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 57.9% | 58.3% | 58.5% |
| Rental Rate | 29.2% | 29.2% | 31.2% |
| Vacancy Rate | 12.9% | 12.5% | 10.2% |
| Median Tenure (years) | 16.0 | 15.0 | 15.0 |
| Median Year Moved In | 2010 | 2011 | 2011 |
Greene County has a homeownership rate of 57.9%, about the same as the North Carolina average of 58.3%. Its housing vacancy rate is 12.9%, compared with 12.5% in North Carolina.
Housing Stock
| Metric | Greene County | North Carolina Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.59 people | 2.44 people | 2.53 people |
| Median Structure Built Year | 1985 | 1989 | 1978 |
| Median Number of Rooms | 5.7 | 5.6 | 5.5 |
The typical housing unit in Greene County was built around 1985. On average, 2.6 people live in a home with about 5.7 rooms, staying for about 16.0 years on average.
Greene County, NC Housing Compared With Nearby Counties
Greene County, NC is the smallest of the 6 counties compared here, 20,465 residents against a local median of 79,278. The measure that sets Greene County, NC apart most is median home price: $180,242, 27% above the local median of $142,404.
The counties themselves spread $215,183 on median home price, so Greene County, NC sits at one end of an already wide local range rather than apart from it. Greene County, NC has the 2nd highest median home price of the 6 areas compared here.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Greene County, NC | 20,465 | $180,242 #2/6 | $852 #6/6 | 66.5% #1/6 |
| Lenoir County, NC | 54,882 | $142,404 | $860 | 59.2% |
| Pitt County, NC | 177,193 | $249,582 | $993 | 51.4% |
| Wilson County, NC | 79,278 | $149,725 | $952 | 60.0% |
| Wayne County, NC | 118,630 | $34,399 | $964 | 61.5% |
| Edgecombe County, NC | 48,736 | $134,077 | $857 | 60.8% |
Frequently Asked Questions
Common questions about the housing market in Greene County, North Carolina.
What is the median home price in Greene County, North Carolina?
The median home price in Greene County, North Carolina is $180,242, lower than the North Carolina average of $278,288.
What is the average home price in Greene County, North Carolina?
The typical home price in Greene County, North Carolina, reported as the median sale price, is $180,242. 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 Greene County, North Carolina?
The median gross rent in Greene County, North Carolina is $852 per month, lower than the North Carolina average of $1,227.
What was the median gross rent in Greene County in 2020?
In 2020, the median gross rent in Greene County, North Carolina was $726 per month.
What is the price-to-rent ratio in Greene County, North Carolina?
The price-to-rent ratio in Greene County, North Carolina is about 17.6, meaning it would take roughly 17.6 years of rent payments at the median rent to equal the median home price. That is a moderate price-to-rent ratio, where buying and renting are often similarly cost-effective in Greene County.
Are home prices or rent rising faster in Greene County, North Carolina?
Both home prices and rent are rising in Greene County, up about 17.8% and 4.0% a year respectively. Home prices are changing faster.
What is the homeownership rate in Greene County, North Carolina?
57.9% of households in Greene County, North Carolina own their home, lower than the North Carolina average of 58.3%.
What is the vacancy rate in Greene County, North Carolina?
The housing vacancy rate in Greene County, North Carolina is 12.9%, higher than the North Carolina average of 12.5%.
Analyze any area in the US
Get local demographics for any address, aggregated by drive time or radius, on the interactive map.
Explore the map →