Similar to the surrounding areas, it's a lot less expensive compared to the rest of the country. Compared to the city of Wilmington, it is substantially less expensive.
Home prices
The cost of the median home in Vanceboro is $98,800. Compared to its nearby areas it is about $4,420 (4%) higher.It is roughly $118,700 (54%) lower compared to the country as a whole, and in comparison to the city of Wilmington it is approximately $147,600 (59%) lower.
Rents
Vanceboro's median rent is $436 a month. Compared to other places in this area this is approximately $323 (42%) lower.It is roughly $626 (58%) lower compared to the nation as a whole, and in comparison to the city of Wilmington is about $562 (56%) lower.
Nearby places
Cove City
Cove City is approximately 11 miles southwest from Vanceboro. Real estate prices there are a little less expensive. The median home price in Cove City is $78,300, which is $20,500 (26%) lower than Vanceboro. Rents there are substantially more expensive. In Cove City the median monthly rent is $797, which is $361 (45%) higher than Vanceboro.
Bridgeton
Bridgeton is about 14 miles southeast of Vanceboro. Housing prices there are a bit more expensive. Bridgeton's median home price is $141,300, which is $42,500 (30%) higher than Vanceboro. Rents there are significantly more expensive. Bridgeton's median rent is $1,042 per month, which works out to $606 (58%) higher than Vanceboro.
Grifton
Grifton is about 14 miles west of Vanceboro. Housing prices there are a little less expensive. The median home in Grifton costs $83,800, which works out to $15,000 (17%) lower than Vanceboro. Its rents are a little more expensive. Grifton's median monthly rent is $607, which comes out to $171 (28%) higher than Vanceboro.
Dover
Dover is approximately 15 miles southwest of Vanceboro. The real estate prices there are somewhat less expensive. The median home in Dover costs $76,500, which comes out to $22,300 (29%) lower than Vanceboro. The rent there is significantly more expensive. The median rent in Dover is $713 per month, which comes out to $277 (38%) higher than Vanceboro.
Chocowinity
Chocowinity is roughly 15 miles north of Vanceboro. Housing prices there are a bit less expensive. The median home value in Chocowinity is $92,000, which is $6,800 (7%) lower than Vanceboro. Rents there are a bit more expensive. The median rent in Chocowinity is $638 per month, which comes out to $202 (31%) higher than Vanceboro.