North Carolina Mortgage Rates & Home Prices (2026)
Median price: $340,000 · Avg. rate: 6.84%
North Carolina Market Overview
$340,000
Median Home Price
6.84%
Avg. 30-Yr Rate
0.80%
Property Tax Rate
66.0%
Homeownership Rate
North Carolina's Triangle and Charlotte metros have seen rapid appreciation, while many areas remain very affordable. The NC Housing Finance Agency offers up to $15,000 in DPA as a zero-interest deferred loan. Strong job growth continues to drive housing demand.
Estimated Monthly Payment
Median home in North Carolina (20% down, 30-yr fixed)
$2,149/mo
Principal & Interest$1,780
Property Taxes$227
Home Insurance (est.)$142
Total Monthly (PITI)$2,149
Based on a $340,000 home with 20% down ($272,000 loan) at 6.84%. Does not include PMI, HOA, or other fees.
First-Time Buyer Programs in North Carolina
- NC Home Advantage Mortgage
- NC 1st Home Advantage DPA
- Community Partners Loan Pool
Contact your state's Housing Finance Agency for current program availability and requirements.
Rate Comparison: NC Rates
30-Year Fixed6.84%
15-Year Fixed6.06%
5/1 ARM (est.)6.09%
FHA 30-Year6.69%
VA 30-Year6.59%
Rates are estimates based on state averages and may vary by lender and borrower qualifications.
Frequently Asked Questions
Key Stats: NC
FHA Loan Limit$472,030
Median Income$64,448
Cost Index0.95x