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Dare County Housing Market

North Carolina · 100 counties · Ranked #2956 in home value

Above National Avg

Housing at a Glance

Median Home Value

$425,400

vs national+$425,400 vs $281,900 national

Median Gross Rent

$1,307/mo

vs national+$1,307 vs $1,163 national

Effective Tax Rate

0.53%

vs national0.53% vs 1.02% national

Median Household Income

$81,214

vs national+$81,214 vs $74,755 national

Affordability Ratio

5.2x

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

Rent Burden

31.0%

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

More Housing Data

Property Tax (Median)

$2,245

Tax as % of Home Value

0.53%

Monthly Owner Cost

$1,392

Renter Income

$60,794

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Frequently Asked Questions

What is the median home value in Dare County?

The median home value in Dare County is $425,400. This is above the national median of $281,900.

How much is rent in Dare County?

The median gross rent in Dare County is $1,307 per month.

What is the property tax rate in Dare County?

The effective property tax rate in Dare County is 0.53%. The median annual property tax bill is $2,245.

Is Dare County affordable?

With a home-value-to-income ratio of 5.2x, Dare County is considered expensive 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.