Haywood County, North Carolina Housing Market Prices
Haywood 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 4% below the North Carolina median$268,060
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Median rent 13% below the North Carolina median$1,066
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Haywood County | North Carolina Avg | US Average |
|---|---|---|---|
| Median Home Price | $268,060 | $278,288 | $248,835 |
| Price Trend (Annual %) | 7.4% | 9.3% | 7.5% |
| Median Gross Rent | $1,066 | $1,227 | $1,407 |
| Rent Trend (Annual %) | 5.3% | 5.3% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Haywood County is about 4% lower than in North Carolina. Rent is about 13% 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 Haywood County, up about 7.4% and 5.3% a year respectively. Home prices are changing faster.
Median rent in Haywood County rose about 50.2% between 2015 and 2024, from $710 to $1,066. Over the same span, rent in North Carolina rose about 54.2%.
Affordability
On average, housing unit costs 4.2 yearly household incomes in Haywood County.
Buying the median-priced home in Haywood County costs roughly 20.9 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 Haywood County. The price-to-rent ratio in North Carolina is about 18.9.
| Metric | Haywood County | North Carolina Avg | US Average |
|---|---|---|---|
| Median Home Price | $268,060 | $278,288 | $248,835 |
| Median Household Income | $63,952 | $72,438 | $80,455 |
| Price-to-Income Ratio | 4.2 | 3.8 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Haywood County rose about 68.1%, while median household income rose about 50.3% 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 | Haywood County | North Carolina Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 57.2% | 58.3% | 58.5% |
| Rental Rate | 18.5% | 29.2% | 31.2% |
| Vacancy Rate | 24.3% | 12.5% | 10.2% |
| Median Tenure (years) | 17.0 | 15.0 | 15.0 |
| Median Year Moved In | 2009 | 2011 | 2011 |
Haywood County has a homeownership rate of 57.2%, lower than the North Carolina average of 58.3%. Its housing vacancy rate is 24.3%, compared with 12.5% in North Carolina.
Housing Stock
| Metric | Haywood County | North Carolina Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.28 people | 2.44 people | 2.53 people |
| Median Structure Built Year | 1981 | 1989 | 1978 |
| Median Number of Rooms | 5.6 | 5.6 | 5.5 |
The typical housing unit in Haywood County was built around 1981. On average, 2.3 people live in a home with about 5.6 rooms, staying for about 17.0 years on average.
Haywood County, NC Housing Compared With Nearby Counties
Haywood County, NC is the 2nd largest of the 6 counties compared here, 59,366 residents against a local median of 36,809. Where Haywood County, NC breaks from the counties next to it is median home price, sitting 37% below the local median of $426,146 at $268,060.
Median rent tells the same story from another angle: $1,066 against a local median of $904, 18% above it. The counties themselves spread $406,626 on median home price, so Haywood County, NC sits at one end of an already wide local range rather than apart from it. Haywood County, NC has the 6th highest median home price of the 6 areas compared here.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Haywood County, NC | 59,366 | $268,060 #6/6 | $1,066 #2/6 | 75.5% #2/6 |
| Jackson County, NC | 43,786 | $679,186 | $904 | 60.8% |
| Cocke County, TN | 36,809 | $272,561 | $797 | 74.5% |
| Transylvania County, NC | 33,685 | $378,378 | $966 | 74.7% |
| Madison County, NC | 21,867 | $450,956 | $779 | 77.5% |
| Buncombe County, NC | 274,254 | $426,146 | $1,362 | 66.2% |
Frequently Asked Questions
Common questions about the housing market in Haywood County, North Carolina.
What is the median home price in Haywood County, North Carolina?
The median home price in Haywood County, North Carolina is $268,060, lower than the North Carolina average of $278,288.
What is the average home price in Haywood County, North Carolina?
The typical home price in Haywood County, North Carolina, reported as the median sale price, is $268,060. 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 Haywood County, North Carolina?
The median gross rent in Haywood County, North Carolina is $1,066 per month, lower than the North Carolina average of $1,227.
What was the median gross rent in Haywood County in 2020?
In 2020, the median gross rent in Haywood County, North Carolina was $811 per month.
What is the price-to-rent ratio in Haywood County, North Carolina?
The price-to-rent ratio in Haywood County, North Carolina is about 20.9, meaning it would take roughly 20.9 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 Haywood County.
Are home prices or rent rising faster in Haywood County, North Carolina?
Both home prices and rent are rising in Haywood County, up about 7.4% and 5.3% a year respectively. Home prices are changing faster.
What is the homeownership rate in Haywood County, North Carolina?
57.2% of households in Haywood County, North Carolina own their home, lower than the North Carolina average of 58.3%.
What is the vacancy rate in Haywood County, North Carolina?
The housing vacancy rate in Haywood County, North Carolina is 24.3%, higher than the North Carolina average of 12.5%.
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