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Myrtle Grove, NC
Full City Profile · North Carolina · New Hanover County County
3.9
/5.0
B+
Good
12,404
Population
1,849/sq mi density
$112,139
Median Income
$49,375 per capita
$398,600
Home Value
$408,845 Zillow
$1,523
Median Rent
26.5% income on rent
64°F
Avg Temperature
302 sunny days/yr
675
Violent Crime/100K
4,560 property/100K
B+
Overall
3.9 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
5.0 / 5.0
$112,139 median income, 1.7% unemployment
A+
Affordability
4.7 / 5.0
$398,600 home value, $1,523/mo rent
F
Safety
1.0 / 5.0
675 violent crimes/100K (78% above avg)
A+
Education
4.7 / 5.0
46.5% bachelor's degree or higher
Housing Overview
Median Home Value
$398,600
41% above
US avg: $281,900
Median Rent
$1,523/mo
31% above
US avg: $1,163/mo
Homeownership Rate
82.8%
27% above US avg (65.4%)
Total Housing Units
4,861
Median year built: 1997
Home Value by Source
Census Median
$398,600
Zillow (ZHVI)
$408,845
Median Sale Price
$540,000
Median List Price
$544,982
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
82.8%
Owner-Occupied
17.2%
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:
$1,523/mo
Market Indicators (Redfin)
Median Days on Market
82 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
12
Price Drops
24.6%
of listings with price reduction
Price Per Sq Ft
$262
Active Inventory
57
homes for sale
Affordability & Housing Stock
Rent Burden
26.5%
of renters spending 30%+ of income on housing
15% below US avg (31.0%)
Median Year Built
1997
Average age of housing stock: 29 years
Homeownership Rate
82.8%
Complete Housing Data
Home Values
| Census Median Value | $398,600 |
| Zillow Home Value (ZHVI) | $408,845 |
| Median Sale Price | $540,000 |
| Median List Price | $544,982 |
| Price Per Sq Ft | $262 |
Rent
| Census Median Rent | $1,523 |
| 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 | 82 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 24.6% |
| Homes Sold | 12 |
| Active Inventory | 57 |
| Price Per Sq Ft | $262 |
Ownership & Stock
| Owner-Occupied | 82.8% |
| Renter-Occupied | 17.2% |
| Homeownership Rate | 82.8% |
| Total Housing Units | 4,861 |
| Median Year Built | 1997 |
| Rent Burden | 26.5% |