North Carolina Affordability
How affordable is North Carolina real estate?
Public Record + Census ACS
Median Home Price
$490K
Median Household Income
$66,186
Affordability Index
7.40
vs National Avg
+8.5%
Cities in North Carolina by Affordability
| # | City | Median Price | Index |
|---|---|---|---|
| 1 | Hendersonville | $271.1K | 4.10 |
| 2 | New London | $278.8K | 4.21 |
| 3 | Jacksonville | $288.9K | 4.36 |
| 4 | Greenville | $297.7K | 4.50 |
| 5 | Sanford | $299.3K | 4.52 |
| 6 | Fayetteville | $303.3K | 4.58 |
| 7 | New Bern | $313.3K | 4.73 |
| 8 | Calabash | $313.8K | 4.74 |
| 9 | Salisbury | $321.9K | 4.86 |
| 10 | Goldsboro | $327K | 4.94 |
| 11 | High Point | $339.7K | 5.13 |
| 12 | Winston Salem | $364.8K | 5.51 |
| 13 | Greensboro | $375.7K | 5.68 |
| 14 | Hickory | $375.8K | 5.68 |
| 15 | Sneads Ferry | $390.9K | 5.91 |
| 16 | Concord | $473.9K | 7.16 |
| 17 | Beaufort | $496.6K | 7.50 |
| 18 | Durham | $521.7K | 7.88 |
| 19 | Wake Forest | $579.4K | 8.75 |
| 20 | North Topsail Beach | $581.5K | 8.79 |
| 21 | Hampstead | $591.6K | 8.94 |
| 22 | Wilmington | $614K | 9.28 |
| 23 | Pinehurst | $670.8K | 10.14 |
| 24 | Ocean Isle Beach | $676.7K | 10.22 |
| 25 | Raleigh | $691.1K | 10.44 |
| 26 | Asheville | $706.1K | 10.67 |
| 27 | Oak Island | $711.9K | 10.76 |
| 28 | Charlotte | $732.6K | 11.07 |
| 29 | Denver | $784.3K | 11.85 |
| 30 | Apex | $10.57M | 159.74 |
Methodology
Affordability index = local median home price ÷ state median household income. A value of 4.0 means homes cost 4x annual income (roughly the historical "rule of thumb" ceiling). Higher values = less affordable.
Income figures: US Census Bureau, ACS 5-year estimates (state level). Sale prices: MarketTimeline public-record SOLD events, last 12 months.