Counties / North Carolina / Greene County

Greene County, NC

FIPS 37079 · population 20,486 · outside every metro area

$183k
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
$183k
▲ 0.5% year over year
Zillow ZHVI · direct
ACS median gross rent
$853
occupied-unit survey; not current asking rent
Census ACS · surveyed
Gross yield
n/a
gross yield cannot be computed without measured market rent
requires both measured price and measured rent
HUD 2-bed standard
$925
the Section 8 payment 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.

The annual signals disagree
FHFA five-year cumulative+65.2%not annualized · through 2025
0%ZILLOW ZHVI2026-06+0.5%FHFA HPI2025−4.9%
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$117k
Surveyed gross rent$853
Rent burden 30%+41.5%
Median year built1984
Housing composition

Who occupies the stock—and what it is

ACS 2024 5-year
12.9%vacant
7,939estimated housing units
Occupied tenure33.5% renter
owner 66.5%renter 33.5%
Structure mix57.3% single-family
Single-family 57.3%20+ units 1.3%Mobile home 36.9%Other 4.5%
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 jobs4,443▼ 1.3% from the prior annual release
Covered establishments400annual average reporting locations
Average weekly wage$951▲ 2.4% from the prior annual release
Largest private supersectorTrade, transportation, and utilities21.7% of disclosed private covered jobs
Local labor base

Jobs, pay and private-sector concentration

2025
0%COVERED JOBS−1.3%WEEKLY WAGE+2.4%Trade, transportation, and utilities21.7%
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

Greene County presents a valuation tension: Zillow’s $183,494 county value in 2026-06 was nearly flat year over year, while FHFA’s repeat-transaction HPI for annual 2025 declined 4.92%. These are different methods and vintages, not a common growth interval; FHFA is an index rather than a home value. Buyers relying on appreciation should be cautious, while income-focused buyers should investigate rent, insurance, and property condition before underwriting.

02Housing economics

Measured market asking rent is not published, so gross yield cannot be computed. The $925 HUD FMR is a payment standard, not evidence of asking rent or property income. The 0.89% effective property-tax rate is a known carrying-cost input, but it cannot be tested against income without market rent. Assessment basis, insurance, utilities, repairs, and financing terms are also not published, preventing a defensible cash-flow conclusion.

03Demand & competition

Realtor.com’s MLS listing-market evidence shows 41 active listings, up 54.72%, with median marketing time of 112 days and 7.28% of listings reduced. This indicates more visible supply and some seller concessions, but neither asking prices nor active stock proves closed-sale pricing or buyer demand. QCEW covered workplace employment fell 1.29%; this is not resident employment. Tax-return migration was net inbound, and inbound movers had higher average income than outbound movers. Investors accounted for 6.50% of purchase mortgages, or 8 of 123, limiting evidence of investor competition.

04Risk & next checks

Modeled annual climate loss equals 0.26% of building value and aligns with hurricane as the dominant hazard; it is a modeled loss ratio, not a property insurance quote or flood-depth finding. County-level evidence cannot establish parcel insurability, storm exposure, replacement cost, lease-up, or exit liquidity. Next checks are property-level market rents, insurance and flood terms, tax assessments, condition, and recent closed sales; without them, cash-flow and resale underwriting remain unresolved.

Cities & communities

Where people live within Greene 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
Snow Hill town2.4KMaury CDP1.3KHookerton town573Walstonburg town313
Bars use total place population, not a county-share estimate. An asterisk marks a place that crosses a county line.
Official directory

4 Census places

Population
  1. 01
    Snow Hill townIncorporated place
    2,438
  2. 02
    Maury CDPCensus-designated place
    1,339
  3. 03
    Hookerton townIncorporated place
    573
  4. 04
    Walstonburg townIncorporated place
    313

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 hazardhurricane

0.263% of building value expected lost per year

Effective property tax0.89%

$1,041 median annual bill

02
DemandIRS SOI household flows
Net migration+77

527 in · 450 out

Arriving vs leaving income+$4,136

$42,896 arriving · $38,760 leaving

03
CompetitionHMDA financed purchases
Purchases by investors6.5%

8 of 123 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 listings41▲ 54.7% year over year
Median days on market112▼ 0.4% year over year
Listings price-reduced7.3%seller-concession signal
Median listing pricen/a▲ 1.9% year over year

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

No rent index is published for this county.Zillow’s county rent series does not cover every county, and estimating one from a neighbouring county would be a guess wearing a number’s clothes. Everything above is measured here; no wider market is mapped for it either.
Bear case

What can break the county thesis

  1. Market asking rent and several major operating-cost inputs are not published, so actual cash flow could differ materially from the county frame.
  2. Zillow and FHFA use different measures and observation periods, leaving current price direction unresolved.
  3. Hurricane-related losses and insurance availability can vary sharply by parcel beyond the county-level modeled ratio.
Underwriting questions

Before pricing a property

Can gross yield be calculated from the record?

No. Measured market asking rent is not published, and HUD FMR cannot substitute for market rent.

What does the record show about seller-side listing conditions?

Visible inventory increased, marketing time was extended, and some MLS listings had price reductions; these are listing-market signals rather than closed-sale evidence.

Does the record establish property-specific hurricane insurance exposure?

No. It provides a county-level modeled climate-loss ratio and identifies hurricane as the dominant hazard, but not parcel insurance terms or flood conditions.