Northampton County, North Carolina Housing Market Prices
Northampton 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 44% below the North Carolina median$155,023
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Median rent 38% below the North Carolina median Cheaper than 87% of counties in North Carolina$758
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Northampton County | North Carolina Avg | US Average |
|---|---|---|---|
| Median Home Price | $155,023 | $278,288 | $248,835 |
| Price Trend (Annual %) | 9.5% | 9.3% | 7.5% |
| Median Gross Rent | $758 | $1,227 | $1,407 |
| Rent Trend (Annual %) | 2.2% | 5.3% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Northampton County is about 44% lower than in North Carolina. Rent is about 38% 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 Northampton County, up about 9.5% and 2.2% a year respectively. Home prices are changing faster.
Median rent in Northampton County rose about 17.7% between 2015 and 2024, from $644 to $758. Over the same span, rent in North Carolina rose about 54.2%.
Affordability
On average, housing unit costs 3.1 yearly household incomes in Northampton County.
Buying the median-priced home in Northampton County costs roughly 17.0 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 Northampton County. The price-to-rent ratio in North Carolina is about 18.9.
| Metric | Northampton County | North Carolina Avg | US Average |
|---|---|---|---|
| Median Home Price | $155,023 | $278,288 | $248,835 |
| Median Household Income | $50,149 | $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 Northampton County rose about 75.9%, while median household income rose about 54.4% 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 | Northampton County | North Carolina Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 55.1% | 58.3% | 58.5% |
| Rental Rate | 18.8% | 29.2% | 31.2% |
| Vacancy Rate | 26.2% | 12.5% | 10.2% |
| Median Tenure (years) | 21.0 | 15.0 | 15.0 |
| Median Year Moved In | 2005 | 2011 | 2011 |
Northampton County has a homeownership rate of 55.1%, lower than the North Carolina average of 58.3%. Its housing vacancy rate is 26.2%, compared with 12.5% in North Carolina.
Housing Stock
| Metric | Northampton County | North Carolina Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.10 people | 2.44 people | 2.53 people |
| Median Structure Built Year | 1978 | 1989 | 1978 |
| Median Number of Rooms | 5.5 | 5.6 | 5.5 |
The typical housing unit in Northampton County was built around 1978. On average, 2.1 people live in a home with about 5.5 rooms, staying for about 21.0 years on average.
Northampton County, NC Housing Compared With Nearby Counties
How Northampton County, NC compares with the 1 counties closest to it.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Northampton County, NC | 16,931 | $155,023 #2/2 | $758 #2/2 | 74.6% #1/2 |
| Halifax County, NC | 47,661 | $266,060 | $813 | 62.9% |
Frequently Asked Questions
Common questions about the housing market in Northampton County, North Carolina.
What is the median home price in Northampton County, North Carolina?
The median home price in Northampton County, North Carolina is $155,023, lower than the North Carolina average of $278,288.
What is the average home price in Northampton County, North Carolina?
The typical home price in Northampton County, North Carolina, reported as the median sale price, is $155,023. 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 Northampton County, North Carolina?
The median gross rent in Northampton County, North Carolina is $758 per month, lower than the North Carolina average of $1,227.
What was the median gross rent in Northampton County in 2020?
In 2020, the median gross rent in Northampton County, North Carolina was $729 per month.
What is the price-to-rent ratio in Northampton County, North Carolina?
The price-to-rent ratio in Northampton County, North Carolina is about 17.0, meaning it would take roughly 17.0 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 Northampton County.
Are home prices or rent rising faster in Northampton County, North Carolina?
Both home prices and rent are rising in Northampton County, up about 9.5% and 2.2% a year respectively. Home prices are changing faster.
What is the homeownership rate in Northampton County, North Carolina?
55.1% of households in Northampton County, North Carolina own their home, lower than the North Carolina average of 58.3%.
What is the vacancy rate in Northampton County, North Carolina?
The housing vacancy rate in Northampton County, North Carolina is 26.2%, higher than the North Carolina average of 12.5%.
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