Raeford, NC · Market Data

Raeford, North Carolina real estate market data.

Real estate market data for Raeford, NC (Hoke County) — Census median home value $177,900, county listing prices down about 2.7% over the past year.

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Raeford, NC is in Hoke 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 4,545, with a median household income of $43,311. Census data puts Raeford's median home value at $177,900 (all owner-occupied homes); Hoke County's current median listing price runs $337,246, down about 2.7% over the past year.

At a glance

Raeford market snapshot

Population

4,545

Median Household Income

$43,311

Median Home Value (city)

$177,900

Median Listing Price (Hoke County)

$337,246

Median Gross Rent

$791/mo

Price Trend (YoY)

-2.7%

Market data compiled from public sources; deemed reliable but not guaranteed; verify independently. Full source list ↗

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Why Raeford

What makes Raeford different

Home Value, By Source

The Census Bureau's American Community Survey (2023 5-year estimate) puts Raeford's median home value — across all owner-occupied homes, not just recent sales — at $177,900. Separately, Hoke County's current median listing price (via Realtor.com data, 2026-06-01) runs $337,246. These cover different geography (city vs. county) and different measures (assessed value vs. active listings), which is why we show both rather than picking one — full source list on our data sources page.

County Price Trend

Hoke County's FHFA house price index shows a 0.91% annual change in 2025.

Population & Income

Raeford has an estimated population of 4,545 and a median household income of $43,311, per the Census Bureau's American Community Survey (2023 5-year estimate).

Affordability Snapshot

Raeford's Census-reported median home value works out to about 4.1x the area's median household income, and median gross rent runs roughly 22% 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

Raeford FAQ

What are home values like in Raeford, NC?

The Census Bureau's American Community Survey puts Raeford's median home value at $177,900. Hoke County's current median listing price runs $337,246, down about 2.7% over the past year.

What is the population of Raeford, NC?

The U.S. Census Bureau's American Community Survey (2023 5-year estimate) puts Raeford's population at approximately 4,545.

What's the median rent in Raeford, NC?

The Census ACS estimates median gross rent in Raeford at approximately $791 per month.

What is the median household income in Raeford, NC?

Census ACS data puts the median household income in Raeford at approximately $43,311.

Is the Raeford housing market growing?

Hoke County's FHFA house price index shows a 0.91% annual change in 2025.

Is Raeford, NC affordable relative to income?

Census ACS data puts Raeford's median home value at about 4.1 times the median household income, with median gross rent equal to roughly 22% 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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