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Four Oaks

Learn about the people, housing, costs and businesses in Four Oaks, North Carolina

Median Home$245,681
Median Rent$1,058/month
Population2,444
Leading IndustriesWholesale Trade · Transportation · Professional Services14% wholesale trade
Home Value Growth+7.5% over 2 years
Young Adults25% of residents
Homeowners55% of occupied units
Four Oaks
NC

Frequently Asked Questions

What are today's mortgage rates in Four Oaks?

As of today, the 30-year fixed mortgage rate for Four Oaks is approximately 6.849% (6.883% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

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What is the median home price in Four Oaks?

The median home value in Four Oaks is $246k. The median monthly rent is $1,058. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Four Oaks?

Home values in Four Oaks have increased 7.5% over the past two years. This represents moderate growth. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in Four Oaks?

Based on a typical all-in ownership cost of $1,005/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $43k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Four Oaks is $71k/year.

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What industries drive the economy in Four Oaks?

The largest employment sectors in Four Oaks are public administration (23%) and wholesale trade (14%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.