Counties / North Carolina / Davie County

Davie County, NC

FIPS 37059 · population 44,122 · part of Winston, NC

$329k
Zillow home value · 2026-06
The numbers

What this county costs and earns

Everything here joins on the county FIPS code, so each figure comes from the agency that publishes it with no name matching in between.

Zillow home value
$329k
▲ 3.6% year over year
Zillow ZHVI · direct
Median asking rent
$1,548
n/a year over year
Zillow ZORI · direct
Gross yield
5.7%
annual rent ÷ price, before costs
derived: rent × 12 ÷ price ✓
HUD 2-bed standard
$1,232
market rent is 1.26x the standard
HUD Fair Market Rent · direct
Independent price check

Do two methods point the same way?

Zillow estimates a current home value. FHFA tracks repeat mortgage transactions. Their growth rates should be read side by side, not averaged.

Both annual signals move in the same direction
FHFA five-year cumulative+58.0%not annualized · through 2025
0%ZILLOW ZHVI2026-06+3.6%FHFA HPI2025+5.1%
Annual changes use different methods and may use different periods. The comparison checks direction and magnitude; it does not create a blended estimate. Zillow county ZHVI pulled 2026-07-26; FHFA annual county HPI pulled 2026-07-28.
Owner-reported value$254k
Surveyed gross rent$867
Rent burden 30%+45.2%
Median year built1990
Housing composition

Who occupies the stock—and what it is

ACS 2024 5-year
10.6%vacant
19,311estimated housing units
Occupied tenure17.8% renter
owner 82.3%renter 17.8%
Structure mix77.1% single-family
Single-family 77.1%20+ units 2.1%Mobile home 16.2%Other 4.6%
ACS estimates describe the standing housing stock and occupied tenure. They do not measure current listings, transaction prices or asking rents.

Survey source: Census ACS 5-year — county housing value, tenure and stock · ACS 2024 5-year · pulled 2026-07-30. These values describe different housing universes and are not combined into gross yield.

Annual average covered jobs14,572▲ 5.2% from the prior annual release
Covered establishments1,174annual average reporting locations
Average weekly wage$1,042▲ 6.0% from the prior annual release
Largest private supersectorManufacturing32.2% of disclosed private covered jobs
Local labor base

Jobs, pay and private-sector concentration

2025
0%COVERED JOBS+5.2%WEEKLY WAGE+6.0%Manufacturing32.2%
Annual QCEW counts cover jobs located at reporting establishments. The industry share uses disclosed private covered employment; it is not a resident-employment measure or a forecast.

Workplace source: BLS QCEW — county employment and wages · annual county employment and wages 2025 vs 2024 · pulled 2026-07-31. QCEW counts covered jobs located in the county, not employed residents or the metro score’s CES/LAUS series.

County brief

What the local evidence says

01Decision frame

Davie County presents a county-level tension: a seemingly workable rent-to-value screen versus untested inland-flood and operating-cost exposure. Investors seeking market-rent income should investigate individual properties; buyers relying on appreciation or thin reserves should be cautious. Zillow’s county median home value is $328,836, while median asking market rent is $1,548 per month, producing the supplied 5.65% gross yield before costs. These county measures do not establish that a particular parcel is investable.

02Housing economics

That yield uses measured market rent, not HUD Fair Market Rent. The supplied HUD FMR is a payment standard and cannot substitute for an asking-rent estimate. The reported effective property-tax rate is 0.63%; it requires assessment and parcel-record review rather than being assumed to describe every acquisition. Zillow’s 2026-06 county home-value observation and the 2025 annual FHFA repeat-transaction HPI both rise; FHFA’s annual gain is 5.14%. The HPI is not a dollar value, and the measures’ different vintages and methods cannot be averaged.

03Demand & competition

Realtor.com MLS evidence shows active listings up 30.05%, with 27.24% of listings showing price reductions. This is visible asking-market supply and seller-concession evidence, not closed-sale pricing or proof of buyer demand. Tax-return migration was net positive, while the recorded inbound-over-outbound average AGI gap was $13,695; that combination warrants household-level demand checks. QCEW records 14,572 annual-average covered jobs at county workplaces, not resident employment; Manufacturing, the largest disclosed private supersector, represents 32.16% of private covered jobs. The 3.21% investor share alongside 529 reported total purchases indicates recorded non-occupant mortgage participation remains a minority, not that buyer competition is absent.

04Risk & next checks

Modeled climate loss equals 0.12% of building value per year and aligns with inland flood as the dominant hazard; it is neither a property-specific flood determination nor an actual loss. Missing flood-zone, elevation, insurance-quote, condition, operating-expense, vacancy, debt-term, closed-sale comparable, and rent-distribution evidence prevents property-level net-cash-flow, financing-resilience, sale-price, and tract-exposure conclusions. Next checks are parcel assessments and taxes, lease comparables, insurance indications, flood records, and closed transactions.

Cities & communities

Where people live within Davie County

Census-recognized incorporated places and CDPs that intersect this county. The list does not pretend to include every neighborhood or informal community.

Population scale

Largest Census places

ACS 2024 5-year
Mocksville town6.1KBermuda Run town3.2KAdvance CDP1.4KCooleemee town988Farmington CDP409
Bars use total place population, not a county-share estimate. An asterisk marks a place that crosses a county line.
Official directory

5 Census places

Population
  1. 01
    Mocksville townIncorporated place
    6,068
  2. 02
    Bermuda Run townIncorporated place
    3,211
  3. 03
    Advance CDPCensus-designated place
    1,408
  4. 04
    Cooleemee townIncorporated place
    988
  5. 05
    Farmington CDPCensus-designated place
    409

Population is the total place-wide ACS estimate, not an allocated county share. A place crossing a county line is labelled explicitly. Source: Census ACS 5-year — cities and communities · ACS 2024 5-year · pulled 2026-07-30.

Risk, demand and competition

The three things a price does not tell you

01
Risk & carrying costFEMA NRI + Census ACS
Dominant hazardinland flooding

0.122% of building value expected lost per year

Effective property tax0.63%

$1,595 median annual bill

02
DemandIRS SOI household flows
Net migration+261

1,455 in · 1,194 out

Arriving vs leaving income+$13,695

$77,615 arriving · $63,920 leaving

03
CompetitionHMDA financed purchases
Purchases by investors3.2%

17 of 529 mortgages

investorother financed
Current listing pressure

What sellers and visible supply are doing

Realtor.com® Economic Research · county inventory 2026-06 · pulled 2026-07-28
Active listings126▲ 30.0% year over year
Median days on market46▼ 2.1% year over year
Listings price-reduced27.2%seller-concession signal
Median listing pricen/a▲ 7.8% year over year

Listing price is an asking price, not a closed sale. Quality-flagged county rows are withheld instead of displayed.

Same metro

The other counties in Winston, NC

A metro is an average of these. Which side of a county line a property sits on can change the tax bill, the hazard profile and the tenant pool.

CountyPopulationPriceRentYieldHazard
Davie County44,122$329k$1,5485.7%inland flooding
Forsyth County389,977$289k$1,5796.6%inland flooding
Davidson County172,954$280k$1,4006.0%inland flooding
Stokes County45,139$269kn/an/ainland flooding
Yadkin County37,574$245kn/an/ainland flooding
Bear case

What can break the county thesis

  1. Inland-flood exposure and insurance cost may differ materially by parcel from the county-level modeled loss ratio.
  2. Property-level expenses, vacancy, financing terms, and condition could reduce or eliminate the reported gross-yield screen.
  3. MLS asking-market signals and county migration data may not translate into closed-sale pricing or tenant demand for a specific submarket.
Underwriting questions

Before pricing a property

What market-rent income screen is published for Davie County?

Median asking market rent is $1,548 per month and the supplied gross yield is 5.65% before costs. HUD FMR is not used as market rent.

What does the QCEW evidence measure?

It reports 14,572 annual-average covered jobs located at county workplaces, not resident employment or unemployment; Manufacturing is the largest disclosed private supersector at 32.16% of private covered jobs.

What do the MLS listing figures indicate?

Active listings increased 30.05% year over year, and 27.24% of listings had price reductions. These are asking-market supply and concession signals, not closed-sale results.