Castle Hayne, New Hanover County, NC

Median Home Price Price

$350,868 $350.9K

Median Monthly Rent Rent

$1,330 $1.3K

22.0x

Market Snapshot

Castle Hayne, New Hanover County, NC is a city market with a median home price of $350,868, a median monthly rent of $1,330, a GRM of 22.0x, and a price-to-rent ratio of 22.0.

More markets to explore

Top recommendation Nearby alternative Lower GRM Premium price Higher rent
High confidence
Price $409.2K
Rent $1.7K
GRM 20.0x
Explore the data
Region Show
Wilmington
$409K $1.7K 20.0x

These charts compare the selected market against displayed similar markets for home prices, monthly rent, and GRM. The nearby similar markets table provides the accessible market names and current metrics.

Home prices

Monthly rent

GRM = home price / annual rent

Region Show
$402K $1.4K 24.0x
Nashville, Nash County, NC
$248K $1.0K 20.0x

These charts compare the selected market against displayed similar markets for home prices, monthly rent, and GRM. The nearby similar markets table provides the accessible market names and current metrics.

Home prices

Monthly rent

GRM = home price / annual rent

Region Show
$321K $1.2K 22.0x

These charts compare the selected market against displayed similar markets for home prices, monthly rent, and GRM. The nearby similar markets table provides the accessible market names and current metrics.

Home prices

Monthly rent

GRM = home price / annual rent

Similar markets map

Castle Hayne

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Benchmark comparison

Rent in Castle Hayne, NC is 22.3% lower than Wilmington, NC.

Castle Hayne, NC
Wilmington, NC
Delta
Median rent
$1,330
$1,711
+$381
Median price
$350,868
$409,232
+$58,364
YoY change
+$23
+$40
+$17
Price-to-rent
22.0x
19.9x
-2.1x

Key takeaways

  • Castle Hayne, New Hanover County, NC has a higher-grm screening profile: At 22.0x GRM, current rent may provide less support for the purchase price.
  • Higher GRM is not automatically negative; it may reflect appreciation expectations, scarcity, or lifestyle premium.
  • Rent momentum is positive, with median rent up about $23 year over year.
  • Rent in Castle Hayne, NC is 22.3% lower than Wilmington, NC.