Construction Value
$16.4M ▲ 102.1%
Units Permitted
59 ▲ 90.3%
Avg Value / Unit
$278K
2024 · Census Bureau Building Permits Survey
Construction activity in Raeford jumped in 2024, up 90.3% from the prior year with 59 housing units permitted. At $278K per unit, new builds are running 14% above the Hoke County average of $243K, pointing to higher-end construction. Volume is still modest compared to neighboring towns (31% fewer units than the county average of 85), but the investment per project is strong. 6.8% of new units were multi-family (apartments, condos, duplexes).
Housing Mixi
Development Densityi
Units per building permitted
All construction is single-family detached homes.
Construction Intensityi
$4K
per resident
County avg: $44K-92%
$3.8M
per square mile
Raeford vs. Hoke County Averagei
Where the Money Goesi
Construction value by housing type (2024)
| Type | Units | Bldgs | Value | Share |
|---|---|---|---|---|
| ■ Single-Family | 55 | 55 | $15.8M | 96% |
| ■ Duplex | 4 | 2 | $621K | 4% |
| ■ 3-4 Unit | 0 | 0 | — | 0% |
| ■ 5+ Unit | 0 | 0 | — | 0% |
County Ranking by Construction Volume
Among 1 permit-issuing towns in Hoke County
Historical trends, year-over-year analysis, and full permit history available with a paid plan. See products & pricing →