Cities with the most expensive homes in the Burlington, North Carolina metro area

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October 22, 2024
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Cities with the most expensive homes in the Burlington, North Carolina metro area

Purchasing a home is one of the most important investments there is. More than a place to live, homeownership is an asset with the potential to tremendously rise in value. But with home prices reaching record heights, affordability plays a huge role for buyers.

The typical home value in the United States was $360,999 in September, 2.4% higher than the year before.

High mortgage rates are also making monthly payments more expensive; as of October 17, the 30-year fixed mortgage rate sits at 6.44%.

Although home prices have inflated all across the U.S., there are some cities that command a higher price tag than others. Location, size, age, and condition are all contributing factors to home value.

Stacker compiled a list of cities with the most expensive homes in the Burlington, North Carolina metro area using data from Zillow. Charts show the monthly typical home value since January 2018. All 8 cities and towns with data available were included in the list.

1 / 8
Stacker

#8. Burlington, NC

- Typical home value: $245,483
- 1-year price change: +3.5%
- 5-year price change: +75.6%

2 / 8
Stacker

#7. Glen Raven, NC

- Typical home value: $252,387
- 1-year price change: +4.5%
- 5-year price change: +71.2%

3 / 8
Stacker

#6. Haw River, NC

- Typical home value: $262,764
- 1-year price change: +4.6%
- 5-year price change: +74.5%

4 / 8
Stacker

#5. Graham, NC

- Typical home value: $284,823
- 1-year price change: +3.1%
- 5-year price change: +79.2%

5 / 8
Stacker

#4. Snow Camp, NC

- Typical home value: $295,307
- 1-year price change: +4.0%
- 5-year price change: +65.4%

6 / 8
Stacker

#3. Elon, NC

- Typical home value: $334,079
- 1-year price change: +4.1%
- 5-year price change: +55.4%

7 / 8
Stacker

#2. Mebane, NC

- Typical home value: $349,275
- 1-year price change: +2.0%
- 5-year price change: +58.0%

8 / 8
Stacker

#1. Swepsonville, NC

- Typical home value: $360,858
- 1-year price change: +2.4%
- 5-year price change: +60.1%

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