Emerald Isle, NC 28594 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Emerald Isle, NC—28594

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$763,000

2.2% YoY Growth

Household Income

$89,400

26.2% YoY Growth

Days on Market

3.0% Shorter YoY

Home Price Forecast

1.6%

Median Rent

$2,530

2.0% YoY Growth

1-Bed Rent

$1,500

6.2% YoY Growth

2-Bed Rent

$3,250

N/A

3-Bed Rent

$2,600

0.0% YoY Growth

Home Price Trends — Emerald Isle, NC

As of May '26, the median home price in Emerald Isle, NC is $763,000, with a year-over-year change of 2.2%. This indicates that home prices in Emerald Isle, NC are increasing. According to Zillow, the 1-year price projection is 1.6%, suggesting an increase housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$763,000	2.2%
Single Family	$883,000	3.3%
Condos	$529,000	1.7%

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — Emerald Isle, NC

As of July '25, Rentcast reports the average rent in Emerald Isle, NC is $2,470, with a year-over-year rent change of -2.0%. Per bedroom, the median rent as of July '25 in Emerald Isle, NC is 1-bedrooms: $1,500, 2-bedrooms: $3,250, 3-bedrooms: $2,610, 4-bedrooms: $3,200. The most common rental property sizes in Emerald Isle, NC are 3-bedroom and 4-bedroom, accounting for 49.7% and 28.2% of the rental stock.

Type	Median Rent	Average Rent
Average Rent	$2,530	$2,470
Studio Rent	N/A	N/A
1 Bed Rent	$1,500	$1,500
2 Bed Rent	$3,250	$3,250
3 Bed Rent	$2,600	$2,610
4 Bed Rent	$3,200	$3,200

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% of Rental Stock

1 Bedroom

7.1%

2 Bedrooms

11.4%

3 Bedrooms

49.7%

4 Bedrooms

28.2%

5+ Bedrooms

3.6%

Property Listings — Emerald Isle, NC

As of May '26, Realtor.com reports that the median days on market for a home in Emerald Isle, NC is 72. This is a decrease of -3.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 29.0%, representing a large inventory and a lot of supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$878,000	10.0%
Listing Count	154	43.0%
Listings as % of Homes	0.8%	43.0%
Days on Market	72	-3.0%

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Demographics — Emerald Isle, NC

As of the latest ACS Survey released in 2023, Emerald Isle, NC has a population of 3,920, which has increased by 5.9% over the past 5 years. Emerald Isle, NC is a less popular place for families, as children make up 14.8% of the population. The area has a highly educated workforce, with 52.0% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 22.8% reporting working from home.

Metric	Latest Census	YoY % Change
Population	3,920	5.9%
% Under 18	14.8%	-3.3%
% Seniors	32.8%	6.1%
% WFH	22.8%	48.1%
% w/ College Degree	52.0%	6.1%

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As of the latest ACS Survey released in 2023, Emerald Isle, NC is a predominantly white area, with 93.2% of the population identifying as white. The white population has shrunk by 0.9% in the last 5 years. The second most common race or ethnicity in Emerald Isle, NC is black, making up 0.3% of the population. Foreign-born residents account for 1.6% of the population in Emerald Isle, NC, and this percentage has increased by 14.3% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

Race and Ethnicity

Metric	Latest Census	5-Year % Change
% White	93.2%	-0.9%
% Black	0.3%	-25.0%
% Hispanic	0.2%	-90.5%
% Asian	0.0%	N/A
% Foreign Born	1.6%	14.3%

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Mortgage and Risk — Emerald Isle, NC

According to HUD data as of 2023, there were 257 mortgage originations in Emerald Isle, NC, of which 95.0% of loans were conventional mortgages. The average loan-to-value was 54.0%, with 6.0% above 90% LTV (normal). This implies small mortgage risk in Emerald Isle, NC. Investor activity is low, as 8.0% of loans were by investors. 8.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	257
% Conventional Loans	95.0%
% Government Loans	5.0%
% Investor Loans	8.0%
% Second Loans	46.0%
% Cash Out Refinance	8.0%

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Rentals and Section 8 — Emerald Isle, NC

Emerald Isle, NC lacks sufficient Section 8 program data for analysis.

Section 8 Market Size

Total Units under HUD	N/A
Total Units Section 8	N/A
% Rentals under Section 8	N/A
% Occupied Section 8	N/A

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	-$230	$1,500	$1,270
2 Bedroom	-$1,590	$3,250	$1,660
3 Bedroom	-$440	$2,600	$2,160
4 Bedroom	-$470	$3,200	$2,730

Emerald Isle, NC—28594

Key Metrics at a Glance

Home Price Trends — Emerald Isle, NC

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Emerald Isle, NC

% of Rental Stock

Property Listings — Emerald Isle, NC

Demographics — Emerald Isle, NC

Race and Ethnicity

Mortgage and Risk — Emerald Isle, NC

Mortgages

Rentals and Section 8 — Emerald Isle, NC

Section 8 Market Size

Section 8 Opportunity

Affordability — Emerald Isle, NC

Home Price to Income Ratio

Emerald Isle, NC — ZIP Code Boundary Map

Nearby ZIP Codes

Peletier, NC

Salter Path

Stella, NC

Newport, NC

Hubert, NC

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	7.7
Median Home Price	$763,000
Median Household Income	$89,400

Emerald Isle, NC—28594

Key Metrics at a Glance

Home Price Trends — Emerald Isle, NC

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Emerald Isle, NC

% of Rental Stock

Property Listings — Emerald Isle, NC

Demographics — Emerald Isle, NC

Race and Ethnicity

Mortgage and Risk — Emerald Isle, NC

Mortgages

Rentals and Section 8 — Emerald Isle, NC

Section 8 Market Size

Section 8 Opportunity

Affordability — Emerald Isle, NC

Home Price to Income Ratio

Emerald Isle, NC — ZIP Code Boundary Map

Nearby ZIP Codes

Peletier, NC

Salter Path

Stella, NC

Newport, NC

Hubert, NC

Frequently Asked Questions

What is the average home price in Emerald Isle, NC 28594?

How have home prices in Emerald Isle, NC 28594 changed over the past year?

What is the home price projection for Emerald Isle, NC 28594?

What are the demographics of Emerald Isle, NC 28594?

How long does it take homes to sell in Emerald Isle, NC 28594?

What is the average rent price in Emerald Isle, NC 28594?