Housing Market Overview

Housing market data including home prices, rent costs, affordability metrics, and housing stock characteristics.

$674,106
$1,060

Housing Market Overview

Metric Perquimans County North Carolina Avg US Average
Median Home Price $674,106 $265,624 $242,182
Price Trend (Annual %) 32.7% 9.9% 8.2%
Median Gross Rent $1,060 $1,162 $1,342
Rent Trend (Annual %) 4.8% 5.2% 5.1%
Household Income Trend (Annual %)

Housing Cost & Rent Trends

Median Home Price Over Time
Perquimans County
North Carolina
United States
Year Perquimans County North Carolina United States
Median Rent Over Time
Perquimans County
North Carolina
United States
Year Perquimans County North Carolina United States

Affordability

On average, housing unit costs 10.8 yearly household incomes in Perquimans County.

Metric Perquimans County North Carolina Avg US Average
Median Home Price $674,106 $265,624 $242,182
Median Household Income $62,397 $69,937 $78,145
Price-to-Income Ratio 10.8 3.8 3.1
Home Prices vs Income Over Time
Home Prices
Household Income
Income Growth vs Housing Cost Growth (Year-over-Year %)

Compare income and housing cost trends.

Household Income Growth %
Housing Cost Growth %
Year Income Growth % Housing Cost Growth % Gap (Cost - Income)

Occupancy & Tenure

Metric Perquimans County North Carolina Avg US Average
Homeownership Rate 58.7% 57.7% 58.2%
Rental Rate 22.0% 29.2% 31.3%
Vacancy Rate 19.3% 13.0% 10.6%
Median Tenure (years) 17.0 15.0 15.0
Median Year Moved In 2009 2011 2011

Housing Stock

Metric Perquimans County North Carolina Avg US Average
Average Household Size 2.34 people 2.46 people 2.54 people
Median Structure Built Year 1987 1988 1978
Median Number of Rooms 5.9 5.6 5.5