Location: Jones County, NC | Metro: Jacksonville, NC MSA
Based on 1% Rule: A+ (≥1.5%) | A (≥1.2%) | B (≥1.0%) | C (≥0.8%) | D (≥0.6%) | F (<0.6%)
| Unit Size | Monthly FMR |
|---|---|
| Studio | $1,060 |
| 1 Bedroom | $1,070 |
| 2 Bedrooms | $1,310 |
| 3 Bedrooms | $1,740 |
| 4 Bedrooms | $2,200 |
| 5 Bedrooms | $2,552 |
| 6 Bedrooms | $2,858 |
| 7 Bedrooms | $3,087 |
| 8 Bedrooms | $3,241 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-08-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 2BR | $1,310 | $134,559 | 0.97% | C |
| 3BR | $1,740 | $266,361 | 0.65% | D |
| 4BR | $2,200 | $342,157 | 0.64% | D |
U.S. Census Bureau data (2024)
In Maysville, North Carolina (ZIP 28555), the real estate market presents a nuanced landscape that landlords and small-portfolio investors should carefully consider. The median home value stands at $235,347, indicating a relatively stable housing price environment. This stability is further supported by the fact that only 0.2% of listings have been reduced, suggesting strong seller pricing power. The median days on market (DOM) being listed as N/A could imply either very quick sales or an unusually low volume of transactions, both scenarios pointing towards a market where homes are likely to sell without significant price concessions.
The Federal Market Rent (FMR) for ZIP 28555 in fiscal year 2024 is projected at $1,180, while the current market rent stands at $1,044 according to the Census ACS. This gap suggests potential upward pressure on rental rates, aligning with the stable home values and indicating that landlords might have the opportunity to increase rents in line with FMR expectations. However, it's important to note that such increases should be gradual and aligned with local economic conditions and tenant affordability.
For long-hold investors in Maysville, the setup implied by the data points toward a modest appreciation thesis. With the median home value holding steady and the slight indication of increasing rental rates, there is a foundation for gradual growth in property values. However, the lack of significant reductions in listing prices and the ambiguous DOM metric caution against expecting rapid or substantial appreciation. Instead, the data supports a scenario where property values will likely appreciate at a rate consistent with the broader regional trends, influenced by local economic factors and demand dynamics.
To summarize, the current data for Maysville indicates a market with solid seller pricing power and potential for modest rental rate increases. Long-term investors can expect gradual property value appreciation, contingent upon maintaining alignment with regional economic health and avoiding aggressive assumptions about future growth.
Data Sources: FMR data from HUD (2027). Median home prices from Zillow (2026-08-31). Demographics from U.S. Census (2024).
About FMR: Fair Market Rent (FMR) is used to determine payment standards for the Section 8 Housing Choice Voucher program, initial renewal rents for some expiring project-based Section 8 contracts, and rent ceilings for HOME Investment Partnerships.