North Carolina Housing & Mortgage Data 2026
| Factor | North Carolina Data |
|---|---|
| Average Property Tax Rate | 0.82% of assessed value/year |
| Property Tax on $400k Home | ~$3,280/year ($273/mo) |
| 30-Year Fixed Rate (2026 avg) | ~6.65% (varies by lender + credit) |
| State Income Tax | 4.5% |
| Sales Tax Rate | 4.75%+ |
Monthly Payment Estimate: North Carolina
| Home Price | 20% Down | P&I (6.5%) | + North Carolina Tax/mo | Total PITI est. |
|---|---|---|---|---|
| $300,000 | $60k | $1,517 | ~$205 | ~$1,835 |
| $400,000 | $80k | $2,025 | ~$273 | ~$2,448 |
| $500,000 | $100k | $2,528 | ~$342 | ~$3,058 |
| $600,000 | $120k | $3,034 | ~$410 | ~$3,669 |
| $750,000 | $150k | $3,791 | ~$513 | ~$4,585 |
P&I = Principal & Interest at 6.5% rate, 30-year fixed. PITI adds estimated North Carolina property tax + homeowners insurance (~0.45% annually). PMI not included (assumes 20% down).
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Use the Free Calculator →Frequently Asked Questions
What is the property tax rate in North Carolina?
North Carolina's average effective property tax rate is 0.82% annually. On a $400,000 home, that's approximately $3,280/year or $273/month in taxes.
Is North Carolina expensive to buy a home in?
North Carolina's property tax rate of 0.82% is near the national average in the US. Property taxes are a manageable portion of your total housing cost.
Related: PITI Calculator · PMI Calculator · Refinance Calculator