Pasquotank County Market Update
Pasquotank County’s housing market is being shaped by a steady local economy and a notable jump in home values. The county’s population sits at 41,418 as of 2024, with a median household income of $63,912 according to the 2020-2024 American Community Survey. The unemployment rate stands at 4.60% for the most recent period, a figure that supports consistent demand without overheating the market. The annual Home Price Index rose 11.48% in the most recent quarter — a clear signal that appreciation has accelerated, though it remains within a range that reflects broader coastal North Carolina trends rather than speculative spikes.
Active listings number 199 as of July 23, 2026, offering a selection that spans a wide price range from $20,000 to $9,950,000. The median listing price is $349,900, placing the typical home in a bracket where both first-time buyers and move-up purchasers can find options. With 199 homes on the market, inventory is tight enough to favor sellers but not so constrained that buyers face bidding wars on every property. The median days on market of 77 days suggests a measured pace — homes are not flying off the shelf, but they are moving steadily, and sellers should expect to price realistically to attract offers within that window.
The 11.48% annual HPI increase, paired with a median listing price just above $349,000, indicates that Pasquotank County is experiencing genuine value growth rooted in local economic stability rather than temporary demand. Buyers should factor in that 77-day average when planning their search timeline, while sellers can take confidence from the low inventory count and rising HPI. The price range’s extreme spread — from $20,000 to nearly $10 million — underscores the county’s diversity in property types, from smaller homes to waterfront estates, so both ends of the market have representation.
Data sourced from US Census Bureau (ACS, PEP), BLS, FHFA; SourceRE MLS data via NCRMLS.
