Market Snapshot

Report generated March 2026

IndicatorValue
Population40,830
↑ 0.7% since 2020
Median Household Income$63,912
14% below national median
Median Home Value$223,300
Unemployment Rate6.4%
Median Age39.0 years
Housing Vacancy Rate12.4%
Total Land Sales (Past 12 Months)78 transactions
Active Listings38 properties
Avg Days on Market356 days

Rural Land Sales (1+ Acres) (Mar 2025 – Mar 2026)

MetricValue
Median Price/Acre$13,911
Recent Sales64 transactions
Avg Days on Market181 days
Avg Parcel Size9.65 acres
Active Listings19 properties

Recent Rural Land Sales

DateAcresPrice$/AcreAddressCity
Mar 20268.50$90,000$10,58800000 Okisko RoadElizabeth City
Feb 20265.83$50,000$8,5761646 Soundneck RoadElizabeth City
Feb 202656.71$406,000$7,15900000 Hall'S Creek RoadElizabeth City
Jan 20261.39$60,000$43,165446 Pointe Vista DriveElizabeth City
Jan 20261.88$67,900$36,117615 Meadstown RoadElizabeth City
Jan 20261.28$285,000$222,656495 Pointe Vista DriveElizabeth City
Jan 20261.52$55,000$36,184101 Rachel DriveElizabeth City
Jan 20261.10$112,500$102,273220 Small DriveElizabeth City
Jan 20261.10$112,500$102,273220 Small Dr Lot 53Elizabeth City
Dec 202568.10$418,000$6,13800000 Gum Bridge RoadElizabeth City
DateAcresPrice$/AcreAddressCity
Dec 202510.00$124,900$12,4901100 Griff LaneElizabeth City
Dec 202510.00$124,900$12,4901120 Griff LaneElizabeth City
Nov 20252.80$64,500$23,036Griffin Swamp Rd Lot 1Elizabeth City
Nov 20252.80$64,500$23,036Tbd Griffin Swamp RoadElizabeth City
Nov 20251.23$195,000$158,537500 Small DriveElizabeth City
Nov 202565.23$400,000$6,132Lot # 2 Okisko RoadElizabeth City
Nov 202513.29$475,000$35,741Tbd Hassell RoadElizabeth City
Nov 20255.11$72,500$14,1881363 Turnpike RoadElizabeth City
Nov 20251.00$50,000$50,0000000 Simpson Ditch RoadElizabeth City
Nov 20252.80$64,900$23,179Griffin Swamp Rd Lot 2Elizabeth City
Nov 20251.00$32,000$32,000101 Pointe Vista DriveElizabeth City
Nov 20252.00$74,000$37,00000000 Old Hertford HighwayElizabeth City
Nov 20257.20$60,000$8,3330 Harris RoadElizabeth City
Nov 20252.86$64,500$22,552Lot 2 Griffin Swamp RoadElizabeth City
Nov 20251.00$50,000$50,0001282 Florida Rd Lot 3Elizabeth City
Oct 20253.01$63,850$21,213511 Harvest Point RoadElizabeth City
Oct 202536.80$435,000$11,82100000 Gaston DriveElizabeth City
Oct 202510.00$14,000$1,40000000 Soundneck RoadElizabeth City
Oct 20251.66$38,000$22,892Parcel B Simpson Ditch RdElizabeth City
Oct 20252.71$120,000$44,280Tbd Hawthorn RoadElizabeth City
Oct 20255.14$71,500$13,9111349 Turnpike RoadElizabeth City
Oct 20251.59$60,000$37,736801 Elmwood CourtElizabeth City
Sep 202511.00$125,000$11,364843 Halls Creek RoadElizabeth City
Sep 20252.01$34,000$16,9152003 N Road StreetElizabeth City
Sep 20251.39$50,000$35,971446 Pointe Vista Dr #63Elizabeth City
Aug 202519.70$85,000$4,31500000 Frog Island RoadElizabeth City
Aug 20251.45$71,000$48,966106 Mia CourtElizabeth City
Aug 202529.00$300,000$10,3451391 Possum Qtr RoadElizabeth City
Aug 202510.00$127,500$12,750112 Four Pines TrailElizabeth City
Aug 202510.00$124,900$12,4901100 Griff Ln #6Elizabeth City
Aug 202510.00$124,900$12,4901000 Griff Ln #1Elizabeth City
Aug 202510.00$124,900$12,49001000 Griff LaneElizabeth City
Aug 20252.39$65,000$27,197517 Pointe Vista DriveElizabeth City
Aug 202510.01$97,300$9,720907 D Shillingtown RoadElizabeth City
Aug 202513.90$11,000$791123 Lovers LnElizabeth City
Jul 20251.99$354,000$177,889111 Wiley DriveElizabeth City
Jul 202510.00$124,900$12,4901140 Griff LaneElizabeth City
Jul 202510.00$124,900$12,4901040 Griff Ln #3Elizabeth City
Jun 202510.00$124,900$12,4901040 Griff LaneElizabeth City
Jun 202510.00$124,900$12,4901060 Griff Ln #4Elizabeth City
Jun 202510.00$124,900$12,4901060 Griff LaneElizabeth City
Jun 20251.44$55,000$38,194465 Pointe Vista DriveElizabeth City
May 202510.00$124,900$12,4901080 Griff Ln #5Elizabeth City
May 202510.00$124,900$12,4901080 Griff LaneElizabeth City
May 202510.00$129,900$12,9901180 Griff Ln #10Elizabeth City
May 202510.00$129,900$12,9901169 Griff Ln Lot 9Elizabeth City
May 202510.00$124,900$12,4901160 Griff LaneElizabeth City
May 20253.09$77,199$24,9831294 Bart James RdElizabeth City
May 20252.79$60,000$21,5052000 Folley RoadElizabeth City
May 202510.01$95,000$9,491907-C Shillingtown RoadElizabeth City
Apr 202515.30$60,000$3,9220000 Foreman Bundy RoadElizabeth City
Apr 20254.39$950,000$216,4013740 Patrick WayElizabeth City
Mar 202510.00$124,900$12,4901180 Griff LaneElizabeth Cty
Mar 20251.01$35,000$34,653808 Lister ChaseElizabeth City

Suburban/Urban Land Sales (Under 1 Acre) (Oct 2025 – Feb 2026)

MetricValue
Median Lot Price$55,025
Recent Sales14 transactions
Avg Days on Market102 days
Avg Parcel Size0.66 acres
Active Listings19 properties

Recent Suburban/Urban Land Sales

DateAcresPriceAddressCity
Feb 20260.78$150,000163 Rebellion Point RoadElizabeth City
Feb 20260.93$42,0001105 Shellie DriveElizabeth City
Jan 20260.99$110,0001464 Millpond RoadElizabeth City
Dec 20250.46$34,0001145 Four Forks Rd Lot 20Elizabeth City
Dec 20250.85$151,000489 Pointe Vista DriveElizabeth City
Dec 20250.83$55,0000000 Riddick RoadElizabeth City
Nov 20250.88$129,900487 Pointe Vista DriveElizabeth City
Nov 20250.29$10,000108 Spindrift TrailElizabeth City
Nov 20250.03$45,000125 Spoonbill LoopElizabeth City
Nov 20250.59$55,025219 Small DriveElizabeth City
DateAcresPriceAddressCity
Oct 20250.69$49,000306 Dances Bay RoadElizabeth City
Oct 20250.96$87,0001334 Us Highway 17Elizabeth City
Oct 20250.62$300,000806 Rivershore RdElizabeth City
Oct 20250.37$17,000327 Egret CtElizabeth City

County Profile

DemographicValue
Total Population (2023)40,830
Population (2020)40,568
Population Growth0.65%
Median Household Income$63,912
Median Home Value$223,300
Total Housing Units17,565
Vacant Housing Units2,171
Housing Vacancy Rate12.4%
Median Age39.0
Bachelor's Degree or Higher4,978 (12.2%)
Unemployment Rate (BLS)3.8%

Market Overview

Pasquotank County, North Carolina has a population of 40,830, which has grown 0.65% since 2020. The median household income is $63,912, below the national median of $74,580 by 14.3%. With a median home value of $223,300 and an unemployment rate of 3.8%, the local economy is moderate. The housing vacancy rate of 12.4% suggests soft market conditions. As part of North Carolina, Pasquotank County benefits from the state's growing interest in vacant land investment. Recent rural land sales show a median price of $14,050 per acre, with properties averaging 11.00 acres. There are currently 38 active land listings in the county.

Frequently Asked Questions

What is the current population of Pasquotank County, North Carolina?
As of the 2023 American Community Survey, Pasquotank County has a population of 40,830. The county has grown 0.65% since the 2020 Census, indicating a growing community.
What is the median household income in Pasquotank County?
The median household income in Pasquotank County is $63,912, which is 14.3% below the national median of $74,580.
Is Pasquotank County growing or shrinking?
Pasquotank County is growing. The population has increased 0.65% since 2020.
What is the housing market like in Pasquotank County?
The median home value in Pasquotank County is $223,300. The housing vacancy rate is 12.4%, which suggests soft market conditions. The unemployment rate is 3.8%, indicating a moderate local economy. Recent rural land sales (1+ acres) show a median price of $14,050 per acre. Suburban/urban lots under 1 acre have a median lot price of $46,000.
Does Reelvest buy land in Pasquotank County, North Carolina?
Yes! Reelvest Properties buys vacant land throughout North Carolina, including Pasquotank County. We make cash offers within 24-48 hours, close in 14-30 days, and pay all closing costs. Get your free cash offer today.
Data Sources: Market data reflects recent vacant land transactions in the county. Demographic data from U.S. Census Bureau American Community Survey (2023), Bureau of Labor Statistics (2025). Updated monthly.