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Advertise here →Elizabeth City, NC · Market Data
Elizabeth City, North Carolina real estate market data.
Real estate market data for Elizabeth City, NC (Pasquotank County) — Census median home value $202,100, county listing prices up about 11.5% over the past year.
Elizabeth City, NC is in Pasquotank County, North Carolina — covering the whole local market here: resale homes, condos, land, and new construction. The most recent Census estimate puts the population at 18,740, with a median household income of $50,947. Census data puts Elizabeth City's median home value at $202,100.
At a glance
Elizabeth City market snapshot
Population
18,740
Median Household Income
$50,947
Median Home Value (city)
$202,100
Median Gross Rent
$1,111/mo
Price Trend (YoY)
+11.5%
Market data compiled from public sources; deemed reliable but not guaranteed; verify independently. Full source list ↗
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Advertise here →Why Elizabeth City
What makes Elizabeth City different
Home Value, By Source
The Census Bureau's American Community Survey (2023 5-year estimate) puts Elizabeth City's median home value — across all owner-occupied homes, not just recent sales — at $202,100.
County Price Trend
Pasquotank County's FHFA house price index shows a 11.48% annual change in 2025.
Population & Income
Elizabeth City has an estimated population of 18,740 and a median household income of $50,947, per the Census Bureau's American Community Survey (2023 5-year estimate).
Affordability Snapshot
Elizabeth City's Census-reported median home value works out to about 4.0x the area's median household income, and median gross rent runs roughly 26% of that same income on an annualized basis. Housing economists commonly flag a price-to-income ratio above 4x as historically elevated -- useful context, not a personal affordability verdict.
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Common questions
Elizabeth City FAQ
What are home values like in Elizabeth City, NC?
The Census Bureau's American Community Survey puts Elizabeth City's median home value at $202,100.
What is the population of Elizabeth City, NC?
The U.S. Census Bureau's American Community Survey (2023 5-year estimate) puts Elizabeth City's population at approximately 18,740.
What's the median rent in Elizabeth City, NC?
The Census ACS estimates median gross rent in Elizabeth City at approximately $1,111 per month.
What is the median household income in Elizabeth City, NC?
Census ACS data puts the median household income in Elizabeth City at approximately $50,947.
Is the Elizabeth City housing market growing?
Pasquotank County's FHFA house price index shows a 11.48% annual change in 2025.
Is Elizabeth City, NC affordable relative to income?
Census ACS data puts Elizabeth City's median home value at about 4.0 times the median household income, with median gross rent equal to roughly 26% of that income annually. This is a general benchmark, not a personal pre-qualification -- your own income, debt, and down payment determine what you can actually afford.
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