Randolph County, North Carolina Housing Market Prices
Randolph 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 24% below the North Carolina median$212,004
-
Median rent 28% below the North Carolina median$886
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Randolph County | North Carolina Avg | US Average |
|---|---|---|---|
| Median Home Price | $212,004 | $278,288 | $248,835 |
| Price Trend (Annual %) | 6.2% | 9.3% | 7.5% |
| Median Gross Rent | $886 | $1,227 | $1,407 |
| Rent Trend (Annual %) | 4.4% | 5.3% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Randolph County is about 24% lower than in North Carolina. Rent is about 28% 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 Randolph County, up about 6.2% and 4.4% a year respectively. Home prices are changing faster.
Median rent in Randolph County rose about 39.1% between 2015 and 2024, from $637 to $886. Over the same span, rent in North Carolina rose about 54.2%.
Affordability
On average, housing unit costs 3.5 yearly household incomes in Randolph County.
Buying the median-priced home in Randolph County costs roughly 19.9 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 Randolph County. The price-to-rent ratio in North Carolina is about 18.9.
| Metric | Randolph County | North Carolina Avg | US Average |
|---|---|---|---|
| Median Home Price | $212,004 | $278,288 | $248,835 |
| Median Household Income | $60,953 | $72,438 | $80,455 |
| Price-to-Income Ratio | 3.5 | 3.8 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Randolph County rose about 56.9%, while median household income rose about 42.3% 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 | Randolph County | North Carolina Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 66.6% | 58.3% | 58.5% |
| Rental Rate | 25.2% | 29.2% | 31.2% |
| Vacancy Rate | 8.2% | 12.5% | 10.2% |
| Median Tenure (years) | 18.0 | 15.0 | 15.0 |
| Median Year Moved In | 2008 | 2011 | 2011 |
Randolph County has a homeownership rate of 66.6%, higher than the North Carolina average of 58.3%. Its housing vacancy rate is 8.2%, compared with 12.5% in North Carolina.
Housing Stock
| Metric | Randolph County | North Carolina Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.51 people | 2.44 people | 2.53 people |
| Median Structure Built Year | 1983 | 1989 | 1978 |
| Median Number of Rooms | 5.5 | 5.6 | 5.5 |
The typical housing unit in Randolph County was built around 1983. On average, 2.5 people live in a home with about 5.5 rooms, staying for about 18.0 years on average.
Randolph County, NC Housing Compared With Nearby Counties
Randolph County, NC is the 4th largest of the 6 counties compared here, 146,354 residents against a local median of 173,005. Randolph County, NC's median rent, at $886, runs 17% below the $1,064 typical of the counties around it.
The counties themselves spread $488 on median rent, so Randolph County, NC sits at one end of an already wide local range rather than apart from it. Randolph County, NC has the 5th highest median rent of the 6 areas compared here.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Randolph County, NC | 146,354 | $212,004 #4/6 | $886 #5/6 | 72.5% #4/6 |
| Guilford County, NC | 547,431 | $224,786 | $1,162 | 60.0% |
| Montgomery County, NC | 26,004 | $172,580 | $766 | 75.0% |
| Davidson County, NC | 173,005 | $113,557 | $901 | 74.4% |
| Moore County, NC | 104,876 | $265,450 | $1,254 | 76.4% |
| Alamance County, NC | 176,834 | $238,268 | $1,064 | 65.0% |
Frequently Asked Questions
Common questions about the housing market in Randolph County, North Carolina.
What is the median home price in Randolph County, North Carolina?
The median home price in Randolph County, North Carolina is $212,004, lower than the North Carolina average of $278,288.
What is the average home price in Randolph County, North Carolina?
The typical home price in Randolph County, North Carolina, reported as the median sale price, is $212,004. 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 Randolph County, North Carolina?
The median gross rent in Randolph County, North Carolina is $886 per month, lower than the North Carolina average of $1,227.
What was the median gross rent in Randolph County in 2020?
In 2020, the median gross rent in Randolph County, North Carolina was $707 per month.
What is the price-to-rent ratio in Randolph County, North Carolina?
The price-to-rent ratio in Randolph County, North Carolina is about 19.9, meaning it would take roughly 19.9 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 Randolph County.
Are home prices or rent rising faster in Randolph County, North Carolina?
Both home prices and rent are rising in Randolph County, up about 6.2% and 4.4% a year respectively. Home prices are changing faster.
What is the homeownership rate in Randolph County, North Carolina?
66.6% of households in Randolph County, North Carolina own their home, higher than the North Carolina average of 58.3%.
What is the vacancy rate in Randolph County, North Carolina?
The housing vacancy rate in Randolph County, North Carolina is 8.2%, lower 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 →