4943 Calloway Road

Property details·Raeford, Hoke County, North Carolina·584860001146

2Baths
1,404Sq ft
1.50Acres
2000Built

Location

Address

4943 Calloway Road

Raeford, NC 28376

Hoke County

Parcel ID

584860001146

Coordinates

35.037848, -79.375435

Building details

Bathrooms
2
Square feet
1,404
Stories
1
Year built
2000

Land & lot

Lot size
1.50 acres
Land area
65,340 sq ft
Subdivision
Pine Lake Est
Neighborhood
26
Land use code
1016

Tax & assessment

CategoryAmount
Tax value$848.45
Market value$86,560
Assessed value$86,560
Building value$51,810
Land value$34,750

Values reflect public tax roll data as of the year shown.

County context

Hoke County 2026 Insights

Hoke County, North Carolina: Fort Liberty's Shadow Economy

There's a reason Hoke County's median home was built in 2009. The county sits directly adjacent to Fort Liberty — formerly Fort Bragg, the largest military installation in the world by population — and its housing stock reflects decades of demand surges tied to military expansion rather than organic civilian growth. That relatively young housing inventory, combined with a remarkably high homeownership rate of 71.7% (well above the national norm for a county with a poverty rate approaching 18%), tells the story of a place shaped by an institution far larger than itself.

A Military Town Straining at the Seams

Hoke County's demographics are distinctly young and family-heavy: a median age of 33.7, average household size of 2.78, and 27.2% of residents under 18 place it firmly in the profile of an active-duty military community. Veterans make up 17.4% of the population — nearly double the national average — and that figure doesn't fully capture the rotating population of active personnel who live here while stationed at Fort Liberty.

This military connection creates a paradox. The county has a decent homeownership rate, but renters are being squeezed hard: median rent of $1,047 against a median household income of $60,095 — nearly 20% below the national median — produces a rent burden rate of 42.1%, well above the 30% threshold considered financially sustainable. Nearly one in five renters faces severe rent burden. When the military brings thousands of families into a rural county, the civilian rental market absorbs the shock unevenly.

Key Statistics

StatValueContext
Median Home Value$196,00039% below national median of $320,000
Homeownership Rate71.7%Surprisingly high given 17.4% poverty rate
Rent Burden Rate42.1%Far exceeds 30% sustainability threshold
YoY Price Change-1.5%Modest cooling after pandemic-era demand spike

Affordability Cuts Both Ways

On paper, Hoke County looks affordable: $158 per square foot and a price-to-income ratio well below national averages. But affordability is relative. With an unemployment rate of 7.4% — nearly double North Carolina's statewide figure — and SNAP participation at 19.3%, the income floor here is genuinely low. A child poverty rate of 19.9% underscores that the benefits of low home prices don't reach everyone equally. The Gini index of 0.486 suggests notable income inequality for a county of this size, likely reflecting the gap between officer-class military households and the lower-income civilian workforce that supports the base economy.

The limited English-speaking population at 18.6% points to a growing Latino workforce in agriculture and construction — another layer of Hoke County's economic complexity that rarely makes regional headlines.

FAQs

What makes Hoke County unique? Its identity is almost entirely defined by proximity to Fort Liberty, the world's largest military base. This shapes everything from its young age profile and high veteran population to its housing boom of the 2000s and the ongoing rental affordability squeeze driven by military family demand.

Is Hoke County a good place to buy a home? Entry prices are low by any regional standard, and homeownership rates are high — but buyers should watch the employment picture carefully. A 7.4% unemployment rate and declining year-over-year prices suggest the post-pandemic demand surge is unwinding, which may create buying opportunities but also signals a market still finding its footing outside the military economy.

Why is the poverty rate so high despite relatively affordable housing? The civilian economy surrounding Fort Liberty is largely service-sector and agricultural, offering limited pathways to higher wages. Only 14.7% of residents hold a bachelor's degree, constraining access to the professional jobs that would lift incomes meaningfully — leaving many households caught between modest home prices and wages too low to easily reach them.

Local market context

Raeford has 23,047 properties in our comprehensive database.

With an average price of $284,405, Raeford offers mid-range housing options.

With a price per square foot of just $150, this area offers excellent value for buyers.

Raeford prices closely align with the Hoke County average.

MetricRaefordHoke Countyvs County
Average Price$284,405$292,309-3%
Avg Sq Ft1,8901,871+1%
Price/Sq Ft$150$156-4%
Properties23,04732,472-29%

Nearby properties

Other parcels within a few hundred meters of this one.

Frequently Asked Questions About Raeford, NC Real Estate

What is the average home price in Raeford, NC?

The average home price in Raeford, NC is $284,405, based on analysis of 23,047 properties in our database.

How many properties are tracked in Raeford, NC?

Our database includes 23,047 properties in Raeford, NC, providing comprehensive market coverage.

What is the price per square foot in Raeford, NC?

The average price per square foot in Raeford, NC is $150. This is calculated from an average home price of $284,405 and average size of 1,890 square feet.

What is the average home size in Raeford, NC?

Homes in Raeford, NC average 1,890 square feet, with an average price of $284,405.

How does Raeford, NC compare to other cities in Hoke County?

Raeford, NC is one of many cities in Hoke County, NC with property data available. Browse other cities in the county to compare market conditions and pricing.

Want more property data?

Access owner information, tax records, transfer history, and more through our API.

View API pricing

Access Hoke County, NC Property Data Through Our Enterprise API

Get instant access to comprehensive county assessors-based property data with your free API key

Need Bulk Data?

Email us at hello@realie.ai