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Craven County Housing Market

North Carolina · 100 counties · Ranked #1968 in home value

Below National Avg

Housing at a Glance

Median Home Value

$206,200

vs national$206,200 vs $281,900 national

Median Gross Rent

$1,100/mo

vs national$1,100 vs $1,163 national

Effective Tax Rate

0.67%

vs national0.67% vs 1.02% national

Median Household Income

$64,635

vs national$64,635 vs $74,755 national

Affordability Ratio

3.2x

Home value ÷ income. <3 = affordable, >5 = expensive.

Rent Burden

28.0%

% of income spent on rent. >30% = burdened.

More Housing Data

Property Tax (Median)

$1,372

Tax as % of Home Value

0.67%

Monthly Owner Cost

$976

Renter Income

$42,020

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Frequently Asked Questions

What is the median home value in Craven County?

The median home value in Craven County is $206,200. This is below the national median of $281,900.

How much is rent in Craven County?

The median gross rent in Craven County is $1,100 per month.

What is the property tax rate in Craven County?

The effective property tax rate in Craven County is 0.67%. The median annual property tax bill is $1,372.

Is Craven County affordable?

With a home-value-to-income ratio of 3.2x, Craven County is moderately affordable compared to the recommended 3-4x guideline.

Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.