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Cherry Branch, NC
Full City Profile · North Carolina · Carteret County County
3.6
/5.0
B+
Good
1,406
Population
1,223/sq mi density
$111,930
Median Income
$41,785 per capita
$278,800
Home Value
$380,071 Zillow
$1,645
Median Rent
17.3% income on rent
64°F
Avg Temperature
301 sunny days/yr
76
Violent Crime/100K
1,825 property/100K
B+
Overall
3.6 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
5.0 / 5.0
$111,930 median income, 1.1% unemployment
A+
Affordability
5.0 / 5.0
$278,800 home value, $1,645/mo rent
F
Safety
1.0 / 5.0
76 violent crimes/100K
B
Education
3.5 / 5.0
31.0% bachelor's degree or higher
Housing Overview
Median Home Value
$278,800
1% below
US avg: $281,900
Median Rent
$1,645/mo
41% above
US avg: $1,163/mo
Homeownership Rate
77.9%
19% above US avg (65.4%)
Total Housing Units
464
Median year built: 2005
Home Value by Source
Census Median
$278,800
Zillow (ZHVI)
$380,071
Median Sale Price
$400,000
Median List Price
$350,000
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
77.9%
Owner-Occupied
22.1%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$932/mo
1 Bedroom
$981/mo
2 Bedroom
$1,161/mo
3 Bedroom
$1,499/mo
4 Bedroom
$1,780/mo
Census median rent:
$1,645/mo
Market Indicators (Redfin)
Median Days on Market
18 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
1
Price Drops
25.0%
of listings with price reduction
Price Per Sq Ft
$187
Active Inventory
4
homes for sale
Affordability & Housing Stock
Rent Burden
17.3%
of renters spending 30%+ of income on housing
44% below US avg (31.0%)
Median Year Built
2005
Average age of housing stock: 21 years
Homeownership Rate
77.9%
Complete Housing Data
Home Values
| Census Median Value | $278,800 |
| Zillow Home Value (ZHVI) | $380,071 |
| Median Sale Price | $400,000 |
| Median List Price | $350,000 |
| Price Per Sq Ft | $187 |
Rent
| Census Median Rent | $1,645 |
| FMR Studio | $932 |
| FMR 1-Bedroom | $981 |
| FMR 2-Bedroom | $1,161 |
| FMR 3-Bedroom | $1,499 |
| FMR 4-Bedroom | $1,780 |
Market
| Days on Market | 18 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 25.0% |
| Homes Sold | 1 |
| Active Inventory | 4 |
| Price Per Sq Ft | $187 |
Ownership & Stock
| Owner-Occupied | 77.9% |
| Renter-Occupied | 22.1% |
| Homeownership Rate | 77.9% |
| Total Housing Units | 464 |
| Median Year Built | 2005 |
| Rent Burden | 17.3% |