Stokes County, North Carolina Housing Market Prices
Stokes 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 41% below the North Carolina median$164,358
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Median rent 37% below the North Carolina median Cheaper than 80% of counties in North Carolina$774
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Stokes County | North Carolina Avg | US Average |
|---|---|---|---|
| Median Home Price | $164,358 | $278,288 | $248,835 |
| Price Trend (Annual %) | 12.6% | 9.3% | 7.5% |
| Median Gross Rent | $774 | $1,227 | $1,407 |
| Rent Trend (Annual %) | 3.0% | 5.3% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Stokes County is about 41% lower than in North Carolina. Rent is about 37% 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 Stokes County, up about 12.6% and 3.0% a year respectively. Home prices are changing faster.
Median rent in Stokes County rose about 26.3% between 2015 and 2024, from $613 to $774. Over the same span, rent in North Carolina rose about 54.2%.
Affordability
On average, housing unit costs 2.6 yearly household incomes in Stokes County.
Buying the median-priced home in Stokes County costs roughly 17.7 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 Stokes County. The price-to-rent ratio in North Carolina is about 18.9.
| Metric | Stokes County | North Carolina Avg | US Average |
|---|---|---|---|
| Median Home Price | $164,358 | $278,288 | $248,835 |
| Median Household Income | $63,303 | $72,438 | $80,455 |
| Price-to-Income Ratio | 2.6 | 3.8 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Stokes County rose about 22.8%, while median household income rose about 46.4% between 2009 and 2025 — income grew faster than the home price.
Income Growth vs Housing Cost Growth (Year-over-Year %)
Compare income and housing cost trends.
Occupancy & Tenure
| Metric | Stokes County | North Carolina Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 72.0% | 58.3% | 58.5% |
| Rental Rate | 18.9% | 29.2% | 31.2% |
| Vacancy Rate | 9.1% | 12.5% | 10.2% |
| Median Tenure (years) | 20.0 | 15.0 | 15.0 |
| Median Year Moved In | 2006 | 2011 | 2011 |
Stokes County has a homeownership rate of 72.0%, higher than the North Carolina average of 58.3%. Its housing vacancy rate is 9.1%, compared with 12.5% in North Carolina.
Housing Stock
| Metric | Stokes County | North Carolina Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.28 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 Stokes County was built around 1983. On average, 2.3 people live in a home with about 5.5 rooms, staying for about 20.0 years on average.
Stokes County, NC Housing Compared With Nearby Counties
Stokes County, NC is the 5th largest of the 6 counties compared here, 45,181 residents against a local median of 71,374. The measure that sets Stokes County, NC apart most is median home price: $164,358, 56% above the local median of $105,192.
The counties themselves spread $151,230 on median home price, so Stokes County, NC sits at one end of an already wide local range rather than apart from it. Stokes County, NC has the 3rd highest median home price of the 6 areas compared here.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Stokes County, NC | 45,181 | $164,358 #3/6 | $774 #3/6 | 79.2% #1/6 |
| Forsyth County, NC | 389,752 | $170,209 | $1,098 | 63.5% |
| Patrick County, VA | 17,512 | $105,192 | $716 | 76.9% |
| Surry County, NC | 71,374 | $207,242 | $761 | 73.4% |
| Henry County, VA | 49,976 | $69,062 | $727 | 75.2% |
| Rockingham County, NC | 92,115 | $56,011 | $810 | 72.1% |
Frequently Asked Questions
Common questions about the housing market in Stokes County, North Carolina.
What is the median home price in Stokes County, North Carolina?
The median home price in Stokes County, North Carolina is $164,358, lower than the North Carolina average of $278,288.
What is the average home price in Stokes County, North Carolina?
The typical home price in Stokes County, North Carolina, reported as the median sale price, is $164,358. 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 Stokes County, North Carolina?
The median gross rent in Stokes County, North Carolina is $774 per month, lower than the North Carolina average of $1,227.
What was the median gross rent in Stokes County in 2020?
In 2020, the median gross rent in Stokes County, North Carolina was $681 per month.
What is the price-to-rent ratio in Stokes County, North Carolina?
The price-to-rent ratio in Stokes County, North Carolina is about 17.7, meaning it would take roughly 17.7 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 Stokes County.
Are home prices or rent rising faster in Stokes County, North Carolina?
Both home prices and rent are rising in Stokes County, up about 12.6% and 3.0% a year respectively. Home prices are changing faster.
What is the homeownership rate in Stokes County, North Carolina?
72.0% of households in Stokes County, North Carolina own their home, higher than the North Carolina average of 58.3%.
What is the vacancy rate in Stokes County, North Carolina?
The housing vacancy rate in Stokes County, North Carolina is 9.1%, lower than the North Carolina average of 12.5%.
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