Elizabeth City Metro Area, NC Housing

The housing market in Elizabeth City, NC Metro Area is thriving. Despite the US house median value being $338,100, the median value in Elizabeth City is much lower at $224,300. However, due to the significant one year appreciation rate of 18.33%, it's clear that this region is outpacing national trends with a 8.27% one year appreciation rate for houses nationwide. Therefore, Elizabeth City has become an attractive place to invest in real estate with a burgeoning market that can provide potential buyers with plenty of opportunities.

The median home cost in Elizabeth City Metro Area is $224,300. Home appreciation the last 10 years has been 72.3%. Home Appreciation in Elizabeth City Metro Area is up 19.6%.

Average Age of Homes

- The median age of Elizabeth City Metro Area real estate is 34 years old

The Rental Market in Elizabeth City Metro Area

- Renters make up 25.6% of the Elizabeth City Metro Area population
- 2.1% of houses and apartments in Elizabeth City Metro Area, are available to rent

DID YOU KNOW

Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Elizabeth City, North Carolina	United States
	24,238.0	139,647,020.0
	33	42
	$224,300	$338,100
	19.6%	16.6%
	61.4%	57.0%
	72.3%	101.1%
	$7.69	$10.98
	$1,385	$2,690
	57.0%	57.4%
	14.2%	11.2%
	28.8%	31.4%
Vacant Housing
	2.1%	1.9%
	0.5%	0.4%
	0.6%	0.7%
	0.3%	0.4%
	3.2%	3.6%
	7.5%	4.1%
Value of Owner-Occupied Housing
	4.6%	2.6%
	3.6%	2.4%
	3.5%	2.8%
	4.1%	3.9%
	5.1%	4.5%
	17.3%	11.3%
	19.2%	13.0%
	24.6%	20.1%
	10.1%	13.6%
	3.2%	8.3%
	3.2%	9.7%
	0.5%	3.9%
	0.7%	2.2%
	0.2%	0.8%
	0.2%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	21.5%	13.6%
	21.5%	13.6%
	19.1%	13.6%
	13.2%	13.2%
	11.1%	14.8%
	19.1%	13.6%
	6.2%	10.0%
	4.0%	4.7%
	11.0%	12.2%

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