Dockery Road
Silver City, NC 28376
Hoke County
694251601120
34.993901, -79.233730
County context
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.
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.
| Stat | Value | Context |
|---|---|---|
| Median Home Value | $196,000 | 39% below national median of $320,000 |
| Homeownership Rate | 71.7% | Surprisingly high given 17.4% poverty rate |
| Rent Burden Rate | 42.1% | Far exceeds 30% sustainability threshold |
| YoY Price Change | -1.5% | Modest cooling after pandemic-era demand spike |
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.
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.
Our database includes 604 properties in Silver City.
Properties in Silver City average $665,385, reflecting a competitive market.
The price per square foot of $398 reflects strong property valuations in this area.
Home prices in Silver City are 128% higher than the Hoke County average.
| Metric | Silver City | Hoke County | vs County |
|---|---|---|---|
| Average Price | $665,385 | $292,309 | +128% |
| Avg Sq Ft | 1,673 | 1,871 | -11% |
| Price/Sq Ft | $398 | $156 | +155% |
| Properties | 604 | 32,472 | -98% |
Other parcels within a few hundred meters of this one.
The average home price in Silver City, NC is $665,385, based on analysis of 604 properties in our database.
Our database includes 604 properties in Silver City, NC, providing comprehensive market coverage.
The average price per square foot in Silver City, NC is $398. This is calculated from an average home price of $665,385 and average size of 1,673 square feet.
Homes in Silver City, NC average 1,673 square feet, with an average price of $665,385.
Silver City, 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.
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