Looking to buy in Chowan County, North Carolina?
There are 76 USDA backed residential loans in Chowan county with an average loan balance of $126,814. Over 82% of the loans helped first time home buyers. Borrowers were an average age of 39 years old. The typical appraised home value was around $135,989. On average the rural home size purchased with this loan was approximately 1,612 SqFt. Chowan county applies the standard USDA income limits to determine loan eligibility. For a household of upto 4 people the income limit is $90,300. For a household of between 5 and 8 people the income limit is increased to $119,200.
The size of Chowan County is roughly 505 square kilometers. There are no geographical USDA loan restrictions in this county. The influence score for Chowan County is 8. Look below for the interactive county level map illustration below for more details.
Start your search for USDA loan eligible properties in the cities of Chowan County, NC
* cities most likely to have USDA loan eligible properties for sale.
Barber • Cannon Ferry • Center Hill • Chowan • Cisco • *Edenton • Gliden • Hancock • Icaria• • •
What is a USDA Loan? |
The USDA 502 Guaranteed Loan Program is designed to help low-to-moderate-income homebuyers in eligible rural areas secure affordable housing with no down payment required. Backed by the U.S. Department of Agriculture, this loan offers competitive interest rates, flexible credit requirements, and lower mortgage insurance costs compared to conventional loans. Borrowers work with approved lenders, and the USDA provides a guarantee, reducing the lender’s risk and making homeownership more accessible. |
Take the First Step Toward $0 Down Financing |
• Mavaton • Mill Crossroads • Mount Rose • Rockyhock • Ryland • Saint Johns • Sign Pine
A USDA loan is a mortgage option available to eligible homebuyers that is sponsored by the United States Department of Agriculture to promote homeownership in rural communities. USDA Loans, sometimes called "RD Loans," offer 100% financing options on eligible rural properties. USDAProperties can help you find USDA properties in Chowan County.
Chowan County, located in the northeastern region of North Carolina, was established in 1670 as a part of Albemarle County, which was the first county in the state. Chowan County was officially formed in 1739, and it was named after the Chowan River, itself named after the Chowanoke, a Native American tribe that once inhabited the area.
The county seat, Edenton, was founded in 1712 and was the colonial capital of North Carolina from 1722 until 1743 when the capital was moved to New Bern. The town of Edenton played a significant role in American Revolutionary history, and it was the site of the famous Edenton Tea Party in 1774, where 51 women gathered to protest the British Tea Act. This marked the first organized women's political demonstration in U.S. history.
A fun fact about Chowan County is that it's home to the Cupola House, a national historic landmark built in 1758. The Cupola House is one of the finest examples of Jacobean architecture in the southern colonies and is now a museum showcasing the history and culture of colonial-era Chowan County.
February 2025 Featured Agent | |
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John Perez | from Mossy Oak Properties Land |