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

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January 26, 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 $344,000 in December, 3.6% lower than the year before, but in line with seasonal trends.

High mortgage rates are also making monthly payments more expensive; as of Jan. 25, the 30-year fixed mortgage rate sits at 6.69%.

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 BurlingtonNC 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. Haw River, NC

- Typical home value: $203,195
- 1-year price change: +5.9%
- 5-year price change: +74.3%

2 / 8
Stacker

#7. Burlington, NC

- Typical home value: $226,014
- 1-year price change: +6.0%
- 5-year price change: +75.8%

3 / 8
Stacker

#6. Glen Raven, NC

- Typical home value: $240,926
- 1-year price change: +5.3%
- 5-year price change: +69.1%

4 / 8
Stacker

#5. Graham, NC

- Typical home value: $270,840
- 1-year price change: +8.5%
- 5-year price change: +78.9%

5 / 8
Stacker

#4. Snow Camp, NC

- Typical home value: $278,536
- 1-year price change: +5.7%
- 5-year price change: +67.6%

6 / 8
Stacker

#3. Elon, NC

- Typical home value: $318,206
- 1-year price change: +3.1%
- 5-year price change: +55.7%

7 / 8
Stacker

#2. Swepsonville, NC

- Typical home value: $329,560
- 1-year price change: +5.7%
- 5-year price change: +62.5%

8 / 8
Stacker

#1. Mebane, NC

- Typical home value: $336,901
- 1-year price change: +1.9%
- 5-year price change: +60.7%

This story features data reporting and writing by Elena Cox and is part of a series utilizing data automation across 379 metros.

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