A typical Cape Colony home is worth roughly $221,000
Home prices around Cape Colony have risen about 61% over the past 5 years.
What kind of housing town is Cape Colony?
Read from the numbers below. The page puts what stands out first.
Home prices up 61% in 5 years
The federal house price index for the ZIP code around Cape Colony rose 61% over the past 5 years, about the same as across North Carolina. Last year prices rose 11%.
Federal Housing Finance Agency House Price Index (annual) for the ZIP codes around Cape Colony, weighted by land area. It tracks repeat sales of the same homes, so it shows how prices changed, not what homes cost.
A typical home costs 2.8 years of income
Less than across North Carolina (4.6 years). Try your own numbers below.
That covers a typical Cape Colony home, with $91K to spare.
A two-bedroom rents for about $1,230 a month here, $60 less than owning.
An estimate, not a loan offer: payments of up to 28% of income, a 30-year fixed loan, Cape Colony’s typical property tax (0.69% of value a year, from the Census) and insurance of about 0.35%. Mortgage insurance, HOA fees and other debts aren’t included.
94% of Cape Colony households own their home
Half of Cape Colony’s homes were built before 1987.
North Carolina: 67% own.
U.S. Census Bureau, American Community Survey 2020-2024 · figures for a place this size carry wide margins of error.
A two-bedroom rents for about $1,230
Fair Market Rent a month, utilities included
U.S. Department of Housing and Urban Development, Fair Market Rents by ZIP code (Chowan County, NC): the 40th-percentile rent plus utilities for a standard unit. Median rent and renters: U.S. Census Bureau, American Community Survey.
Cape Colony vs. its neighbors
The towns that share a border with Cape Colony. Tap one to see its housing page.
Compare more
| Town | Typical value | 1-yr change | 2-bed rent | New homes 2015 | Median income |
|---|---|---|---|---|---|
| Cape Colony | $221K* | +11.3%† | $1,230 | — | $78,152 |
| Edenton | $239K | +4.8% | $1,230 | 0 | $38,417 |
Typical value: Zillow Home Value Index; * Census median home value where Zillow has none. † FHFA price index change where Zillow has none. Rent: HUD Fair Market Rent. New homes: Census building permits.
Neighbors talk housing
What Cape Colony buyers, sellers and renters are saying.
Your answer becomes a post in Town Square.
Home values: Zillow Home Value Index (ZHVI), Zillow Research. Sales, days on market and supply: Redfin Data Center. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Price trend: Federal Housing Finance Agency House Price Index. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers. The calculator is an estimate, not a loan offer.