menu
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.



Warrenton, 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 Q2 2024. 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

Warrenton, NC Housing Market Trends

With a population of 845, 465 total housing units (homes and apartments), and a median house value of $161,620, house prices in Warrenton are some of the most affordable in North Carolina as well as the nation.

Single-family detached homes are the single most common housing type in Warrenton, accounting for 74.87% of the town's housing units. Other types of housing that are prevalent in Warrenton include large apartment complexes or high rise apartments ( 16.41%), mobile homes or trailers ( 4.27%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 3.25%).

The most prevalent building size and type in Warrenton are three and four bedroom dwellings, chiefly found in single-family detached homes. The town has a mixture of owners and renters, with 60.43% owning and 39.57% renting.

The housing in Warrenton was primarily built before 1939 ( 42.74%), making the housing stock in Warrenton some of the oldest overall in America, although there is a range of ages of homes in Warrenton. The next most important housing age is between 1940-1969 ( 38.46%), followed by between 1970-1999 ( 17.27%). There's also some housing in Warrenton built between 2000 and later ( 1.54%).

Vacant housing appears to be an issue in Warrenton. Fully 20.51% of the housing stock is classified as vacant. Left unchecked, vacant Warrenton homes and apartments can be a drag on the real estate market, holding Warrenton 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.

Warrenton Home Appreciation Rates

Appreciation rates for homes in Warrenton have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 108.51%, which ranks in the top 30% nationwide. This equates to an annual average Warrenton house appreciation rate of 7.62%.

NeighborhoodScout's data show that during the latest twelve months, Warrenton's appreciation rate, at 7.52%, has been at or slightly above the national average. In the latest quarter, Warrenton's appreciation rate has been 1.46%, which annualizes to a rate of 5.96%.

Relative to North Carolina, our data show that Warrenton's latest annual appreciation rate is higher than 60% of the other cities and towns in North Carolina.

Average Home Values

Median Home Value

$161,620

Warrenton, NC Home Prices
> $1,450,000
$1,087,001 - $1,450,000
$725,001 - $1,087,000
$580,001 - $725,000
$435,001 - $580,000
$290,001 - $435,000
$145,001 - $290,000
$72,001 - $145,000
$0 - $72,000
1.1%
1.1%
0.0%
0.0%
0.4%
0.4%
1.5%
1.5%
7.2%
7.2%
13.5%
13.5%
29.5%
29.5%
41.9%
41.9%
4.7%
4.7%
0% 100.0%
% of Homes
Very Low

for North carolina

Very Low

for nation

Number of Homes And Apartments:

465

Warrenton Appreciation Rates

Rent & Ownership

Average Market Rent:

$1,222 / per month

Homeownership Rate

Owners
Renters
60.4%
60.4%
39.6%
39.6%
0% 100.0%
% of Homes

Vacancy Rate

Vacant
Occupied
20.5%
20.5%
79.5%
79.5%
0% 100.0%
% of Homes

Housing Market Details

Age of Homes

2000 or Newer
1970 - 1999
1940 - 1969
1939 or Older
1.5%
1.5%
17.3%
17.3%
38.5%
38.5%
42.7%
42.7%
0% 100.0%
% of Homes

Types of Homes

Single-Family
Townhomes
Small Apt. Buildings
Apt. Complexes
Mobile Homes
Other
74.9%
74.9%
1.2%
1.2%
3.2%
3.2%
16.4%
16.4%
4.3%
4.3%
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
2.4%
2.4%
16.8%
16.8%
27.2%
27.2%
36.8%
36.8%
10.9%
10.9%
6.0%
6.0%
0% 100.0%
% of Homes

Popular Neighborhoods in Warrenton

Zip Codes in Warrenton, NC