The story of this market
The typical home in ZIP 27824 sells for about $190,000, or $115 per square foot.
Prices are up +8.57% from a year ago, so sellers still have some momentum. Homes take about 58 days to sell. HUD's fair market rent for a two-bedroom is $865 a month.
ZIP 27824 — Engelhard
The housing market in 27824 is characterized by low turnover and rural affordability, with prices remaining stable compared to broader regional trends. Demand is limited by the remote location, resulting in a buyer-friendly environment with longer days on market. The market is primarily driven by local residents and those seeking rural property, with little speculative investment activity.
This ZIP is best suited for those seeking a quiet, rural lifestyle, including retirees or individuals working in agriculture, rather than commuters or urban professionals.
Median prices moved up 8.6% year over year.
Homes spend a median of 58 days on market with 6.2 months of supply — a balanced-paced market.
12% of listings have cut prices · homes sell at 99% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 4.5% · poverty 36.9% — a mixed stability profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 5.7%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this ZIP's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 1.7%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
net outflow — more people moved out than in
ZCTA 27824, Hyde County NC
ACS 2024 5-year estimates. Aggregate published statistics for this ZIP — never individual records, and never an attribute of any individual property or resident.
Schools in the region are primarily served by the Hyde County Schools district, which faces challenges typical of rural, low-density areas.
The area is located in a low-lying coastal region of North Carolina, presenting significant risks for flooding and hurricane-related wind damage.
Economic momentum is limited due to the rural nature of the geography, with agriculture remaining a primary industry.
Property taxes are assessed at the county level in Hyde County, with an effective rate of approximately 0.6%.
Commutes are primarily car-dependent, with limited access to public transit and long drive times to major employment hubs.
The area is known for its proximity to the Mattamuskeet National Wildlife Refuge, offering significant opportunities for outdoor recreation like birdwatching and fishing.
The rental market is characterized by low inventory and a high share of single-family rentals, with limited multi-family development.
The local economy is heavily reliant on agriculture, fishing, and tourism related to the nearby wildlife refuges.
Transportation infrastructure is limited to rural highways, with no significant public transit systems serving the area.
There are no major commercial or residential developments currently reported for this rural ZIP code.
Hyde County manages property assessments, which are updated periodically to reflect market value changes.
Parcels are subject to standard county and school district taxes, with no significant MUD or PID presence.
Property insurance premiums are high due to the significant flood and wind risk associated with the coastal location.
North Carolina operates as a non-judicial foreclosure state, allowing for a relatively streamlined process for lenders.
North Carolina requires sellers to provide a residential property disclosure statement to buyers, covering the condition of the home's major systems.
Data retrieved from data.census.gov for ZCTA 27824.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
A major regional attraction for wildlife observation and outdoor recreation.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.