Compare: North Carolina vs Virginia
Home Values in North Carolina and Virginia
|Zillow Home Value IndexWhat's this?||$135,100||vs||$221,300|
|Median List Price||$192,000||vs||$240,000|
|Median Sale Price||$174,900||vs||$315,200|
|Total Homes Sold in Oct||12276 homes||vs||10867 homes|
North Carolina tends to be less expensive for home buyers than Virginia. During the last year, North Carolina home values have risen by 2.2%, while Virginia home values have risen by 5.8%. The median sale price in North Carolina is $174,900, but the median listing price was $192,000, a 8.9% discount. Meanwhile in Virginia, the median selling price is $315,200, and the starting price had a median of $240,000, a 31.3% increase. In October, North Carolina home sellers managed to move 12276 houses, while Virginia saw 10867 transactions.
Demographics in North Carolina and Virginia
|Median Household Income||$40,739||vs||$50,020|
|Homes with Kids||30.2%||vs||31.3%|
|Average Household Size||2.5||vs||2.5|
|Average Commute Time (Minutes)||25||vs||28|
At $50,020, the median income in Virginia is $9,281 more than in North Carolina, and $5,508 higher than the national average. North Carolina has an older median age, at 36, compared to 36 in Virginia, and a shorter average commute. The average commute in Virginia is 28 minutes and the average commute in North Carolina is 25 minutes.
Homes for Sale in North Carolina and Virginia
North Carolina vs Virginia