Markets/North Carolina/Elizabeth City

Elizabeth City, NC Real Estate Market 2026

Investor-grade market analytics for Elizabeth City, North Carolina. Data from Zillow ZHVI, FRED, Census ACS, and FEMA NRI. Data through July 2026.

Median Home Price

$273,372

+2.6% year-over-year

Est. Rental Yield

6.8%

gross annual

12-Month Forecast

+2.6%

base case (Zillow ZHVF)

+2.6% year-over-year

Climate Risk

18/100

Very Low

Market Momentum

➡️
Neutral
3.1mo supply · Score 0/7

Net migration: Top 22% nationally

Income Migration

💰 Wealth Influx1.28x

In-migrants avg $60,225 AGI vs out-migrants $47,090

🏛️

Opportunity Zone Market

3 ZIP codes in Elizabeth City are designated Qualified Opportunity Zones (IRC 1400Z-2), eligible for capital gains tax deferral on qualifying investments. Learn more →

Elizabeth City Market Summary

Elizabeth City, NC shows steady growth at 2.6% year-over-year appreciation, reflecting balanced market conditions with moderate demand. Affordability remains favorable with a price-to-income ratio of 4.28x, below the national average of 4.8x. Modest net positive migration (+185 returns/year) provides steady demand support. Climate risk remains low (18/100), favorable for long-term investment stability. Rental yield of 6.75% is strong, making this market attractive for buy-and-hold investors.

Affordability

Affordability Score82/100
Price-to-Income Ratio4.3x (national avg 4.8x)
Median Household Income$63,912

Price Forecast Scenarios

12-month projection (Zillow ZHVF model)

Bear Case+1.3%
Base Case+2.6%
Bull Case+3.8%

Climate & Natural Hazard Risk

Elizabeth City, NC's primary climate exposure is hurricanes (50/100). The composite climate risk score of 18/100 (Low) indicates overall risk reflecting favorable conditions for long-term real estate investment. This market benefits from relatively low natural hazard exposure compared to coastal and wildfire-prone regions.

Source: FEMA National Risk Index

Get the full Elizabeth City dataset

Migration flows, ZIP-level neighborhood data, full demographics, price history, and the Market Screener.