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Data on this report is based on areas within the legal city boundary, outlined in black on the map. Any additional neighborhoods shown on the map are associated with the city by name and are included for reference only.



Williamston, NC Real Estate Market

Source & Methodology

Analytics built by:   Location, Inc.

Raw data sources:   American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.

Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q4 2023. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2022 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data

Williamston, NC Housing Market Trends

With a population of 5,095, 2,461 total housing units (homes and apartments), and a median house value of $189,731, house prices in Williamston are solidly below the national average.

Single-family detached homes are the single most common housing type in Williamston, accounting for 73.62% of the town's housing units. Other types of housing that are prevalent in Williamston include duplexes, homes converted to apartments or other small apartment buildings ( 14.33%), large apartment complexes or high rise apartments ( 11.66%).

The most prevalent building size and type in Williamston are three and four bedroom dwellings, chiefly found in single-family detached homes. The town has a mixture of owners and renters, with 48.78% owning and 51.22% renting.

At the end of World War II, American soldiers returned home triumphant and, with the help of the GI Bill, built homes by the millions on the edges of America's cities. These homes were predominantly capes and ranches, modest in size, but built to house a growing middle-class as the 20th century became the American century. Williamston's housing was primarily built during this period, from the '40s through the '60s. A full 48.61% of the town's housing hails from this era. Other housing ages represented in Williamston include homes built between 1970-1999 ( 35.09%) and housing constructed before 1939 ( 12.72%). There's also some housing in Williamston built between 2000 and later ( 3.58%).

Vacant housing appears to be an issue in Williamston. Fully 13.56% of the housing stock is classified as vacant. Left unchecked, vacant Williamston homes and apartments can be a drag on the real estate market, holding Williamston real estate prices below levels they could achieve if vacant housing was absorbed into the market and became occupied. Housing vacancy rates are a useful measure to consider, along with other things, if you are a home buyer or a real estate investor.

Williamston Home Appreciation Rates

Williamston's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Williamston during the period has been just 4.72%, which is lower than 80% of US communities.

Appreciation rates are so strong in Williamston that despite a nationwide downturn in the housing market, Williamston real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Williamston appreciation rates continue to be some of the highest in America, at 7.33%, which is higher than appreciation rates in 77.58% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Williamston. Williamston appreciation rates in the latest quarter were at 1.41%, which equates to an annual appreciation rate of 5.77%.

Relative to North Carolina, our data show that Williamston's latest annual appreciation rate is higher than 50% of the other cities and towns in North Carolina.

Average Home Values

Median Home Value

$189,731

Williamston, NC Home Prices
> $1,372,000
$1,029,001 - $1,372,000
$686,001 - $1,029,000
$549,001 - $686,000
$412,001 - $549,000
$274,001 - $412,000
$137,001 - $274,000
$69,001 - $137,000
$0 - $69,000
0.4%
0.4%
0.0%
0.0%
0.0%
0.0%
0.5%
0.5%
4.9%
4.9%
14.6%
14.6%
38.9%
38.9%
27.5%
27.5%
13.1%
13.1%
0% 100.0%
% of Homes
Low

for North carolina

Low

for nation

Number of Homes And Apartments:

2,461

Williamston Appreciation Rates

Rent & Ownership

Average Market Rent:

$1,039 / per month

Homeownership Rate

Owners
Renters
48.8%
48.8%
51.2%
51.2%
0% 100.0%
% of Homes

Vacancy Rate

Vacant
Occupied
13.6%
13.6%
86.4%
86.4%
0% 100.0%
% of Homes

Housing Market Details

Age of Homes

2000 or Newer
1970 - 1999
1940 - 1969
1939 or Older
3.6%
3.6%
35.1%
35.1%
48.6%
48.6%
12.7%
12.7%
0% 100.0%
% of Homes

Types of Homes

Single-Family
Townhomes
Small Apt. Buildings
Apt. Complexes
Mobile Homes
Other
73.6%
73.6%
0.0%
0.0%
14.3%
14.3%
11.7%
11.7%
0.4%
0.4%
0.0%
0.0%
0% 100.0%
% of Homes

Home Size

No Bedroom
1 Bedroom
2 Bedrooms
3 Bedrooms
4 Bedrooms
5 or more bedrooms
1.8%
1.8%
8.9%
8.9%
30.6%
30.6%
41.6%
41.6%
9.9%
9.9%
7.2%
7.2%
0% 100.0%
% of Homes

Popular Neighborhoods in Williamston

Zip Codes in Williamston, NC