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Cove Creek, NC

Full City Profile · North Carolina · Watauga County County

3.2 /5.0
B Good
1,533 Population 180/sq mi density
$53,898 Median Income $38,763 per capita
$247,700 Home Value $441,350 Zillow
$931 Median Rent 45.7% income on rent
52°F Avg Temperature 305 sunny days/yr
178 Violent Crime/100K 1,887 property/100K
B
Overall
3.2 / 5.0
Good overall score based on economy, affordability, safety and education
B+
Economy
3.9 / 5.0
$53,898 median income, 0.7% unemployment
A
Affordability
4.1 / 5.0
$247,700 home value, $931/mo rent
F
Safety
1.0 / 5.0
178 violent crimes/100K
B+
Education
3.8 / 5.0
34.7% bachelor's degree or higher

Housing Overview

Median Home Value
$247,700
12% below
US avg: $281,900
Median Rent
$931/mo
20% below
US avg: $1,163/mo
Homeownership Rate
88.3%
35% above US avg (65.4%)
Total Housing Units
723
Median year built: 1975

Home Value by Source

Census Median
$247,700
Zillow (ZHVI)
$441,350
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

88.3%
Owner-Occupied
11.7%
Renter-Occupied
88%
12%
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: $931/mo

Affordability & Housing Stock

Rent Burden
45.7%
of renters spending 30%+ of income on housing
47% above US avg (31.0%)
Median Year Built
1975
Average age of housing stock: 51 years
Homeownership Rate
88.3%

Complete Housing Data

Home Values

Census Median Value$247,700
Zillow Home Value (ZHVI)$441,350

Rent

Census Median Rent$931
FMR Studio$932
FMR 1-Bedroom$981
FMR 2-Bedroom$1,161
FMR 3-Bedroom$1,499
FMR 4-Bedroom$1,780

Market

Ownership & Stock

Owner-Occupied88.3%
Renter-Occupied11.7%
Homeownership Rate88.3%
Total Housing Units723
Median Year Built1975
Rent Burden45.7%