
Cities with the most expensive homes in the Burlington, North Carolina metro area
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 $363,946 in August, 0.0% lower than the year before.
High mortgage rates are also making monthly payments more expensive; as of September 18, the 30-year fixed mortgage rate sits at 6.26%.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.

#8. Burlington, NC
- Typical home value: $253,356
- 1-year price change: -1.3%
- 5-year price change: +61.5%

#7. Glen Raven, NC
- Typical home value: $258,164
- 1-year price change: +0.5%
- 5-year price change: +60.2%

#6. Graham, NC
- Typical home value: $291,859
- 1-year price change: -0.5%
- 5-year price change: +64.7%

#5. Haw River, NC
- Typical home value: $292,729
- 1-year price change: -1.8%
- 5-year price change: +63.5%

#4. Snow Camp, NC
- Typical home value: $307,153
- 1-year price change: +0.9%
- 5-year price change: +57.4%

#3. Elon, NC
- Typical home value: $346,058
- 1-year price change: +0.5%
- 5-year price change: +47.9%

#2. Mebane, NC
- Typical home value: $353,525
- 1-year price change: +0.2%
- 5-year price change: +49.0%

#1. Swepsonville, NC
- Typical home value: $370,618
- 1-year price change: +1.1%
- 5-year price change: +53.3%