Moore County, North Carolina Housing Market Prices
Moore 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 5% below the North Carolina median$265,450
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Median rent 2% above the North Carolina median More expensive than 88% of counties in North Carolina$1,254
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Moore County | North Carolina Avg | US Average |
|---|---|---|---|
| Median Home Price | $265,450 | $278,288 | $248,835 |
| Price Trend (Annual %) | 8.2% | 9.3% | 7.5% |
| Median Gross Rent | $1,254 | $1,227 | $1,407 |
| Rent Trend (Annual %) | 6.1% | 5.3% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Moore County is about 5% lower than in North Carolina. Rent is about 2% higher 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 Moore County, up about 8.2% and 6.1% a year respectively. Home prices are changing faster.
Median rent in Moore County rose about 62.7% between 2015 and 2024, from $771 to $1,254. Over the same span, rent in North Carolina rose about 54.2%.
Affordability
On average, housing unit costs 3.1 yearly household incomes in Moore County.
Buying the median-priced home in Moore 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 Moore County. The price-to-rent ratio in North Carolina is about 18.9.
| Metric | Moore County | North Carolina Avg | US Average |
|---|---|---|---|
| Median Home Price | $265,450 | $278,288 | $248,835 |
| Median Household Income | $84,708 | $72,438 | $80,455 |
| Price-to-Income Ratio | 3.1 | 3.8 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Moore County rose about 83.1%, while median household income rose about 67.6% 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 | Moore County | North Carolina Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 66.9% | 58.3% | 58.5% |
| Rental Rate | 20.7% | 29.2% | 31.2% |
| Vacancy Rate | 12.5% | 12.5% | 10.2% |
| Median Tenure (years) | 15.0 | 15.0 | 15.0 |
| Median Year Moved In | 2011 | 2011 | 2011 |
Moore County has a homeownership rate of 66.9%, higher than the North Carolina average of 58.3%. Its housing vacancy rate is 12.5%, compared with 12.5% in North Carolina.
Housing Stock
| Metric | Moore County | North Carolina Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.35 people | 2.44 people | 2.53 people |
| Median Structure Built Year | 1993 | 1989 | 1978 |
| Median Number of Rooms | 6.1 | 5.6 | 5.5 |
The typical housing unit in Moore County was built around 1993. On average, 2.4 people live in a home with about 6.1 rooms, staying for about 15.0 years on average.
Moore County, NC Housing Compared With Nearby Counties
Moore County, NC is the largest of the 6 counties compared here, 104,876 residents against a local median of 53,784. Moore County, NC's median home price, at $265,450, runs 36% above the $194,860 typical of the counties around it.
Median rent tells the same story from another angle: $1,254 against a local median of $1,017, 23% above it. The counties themselves spread $154,885 on median home price, so Moore County, NC sits at one end of an already wide local range rather than apart from it. Moore County, NC has the 2nd highest median home price of the 6 areas compared here.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Moore County, NC | 104,876 | $265,450 #2/6 | $1,254 #1/6 | 76.4% #2/6 |
| Lee County, NC | 65,807 | $312,150 | $1,017 | 67.3% |
| Hoke County, NC | 53,784 | $197,321 | $1,089 | 73.0% |
| Richmond County, NC | 42,335 | $157,265 | $723 | 65.9% |
| Montgomery County, NC | 26,004 | $172,580 | $766 | 75.0% |
| Chatham County, NC | 80,150 | $194,860 | $1,179 | 80.6% |
Frequently Asked Questions
Common questions about the housing market in Moore County, North Carolina.
What is the median home price in Moore County, North Carolina?
The median home price in Moore County, North Carolina is $265,450, lower than the North Carolina average of $278,288.
What is the average home price in Moore County, North Carolina?
The typical home price in Moore County, North Carolina, reported as the median sale price, is $265,450. 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 Moore County, North Carolina?
The median gross rent in Moore County, North Carolina is $1,254 per month, higher than the North Carolina average of $1,227.
What was the median gross rent in Moore County in 2020?
In 2020, the median gross rent in Moore County, North Carolina was $888 per month.
What is the price-to-rent ratio in Moore County, North Carolina?
The price-to-rent ratio in Moore 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 Moore County.
Are home prices or rent rising faster in Moore County, North Carolina?
Both home prices and rent are rising in Moore County, up about 8.2% and 6.1% a year respectively. Home prices are changing faster.
What is the homeownership rate in Moore County, North Carolina?
66.9% of households in Moore County, North Carolina own their home, higher than the North Carolina average of 58.3%.
What is the vacancy rate in Moore County, North Carolina?
The housing vacancy rate in Moore County, North Carolina is 12.5%, lower than the North Carolina average of 12.5%.
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