Alleghany County, North Carolina home prices
Typical home $266,244 · +1.5% in a year · property tax 0.57%
The typical home in Alleghany County is worth $266,244, 20% less than the North Carolina typical home ($332,159). Values changed +1.5% in the past year and +27.6% over five years. Homeowners here pay a median 0.57% of their home's value in property tax each year ($1,508 on the typical home), versus 0.64% statewide.
Mortgage on the typical Alleghany County home
| Down payment | Cash down | Loan | Principal + interest | PMI / MIP | Tax + insurance | Total / month | Income needed |
|---|---|---|---|---|---|---|---|
| 20% down | $53,249 | $212,996 | $1,433 | $0 | $259 | $1,692 | $72,500 |
| 10% down | $26,624 | $239,620 | $1,612 | $100 | $259 | $1,971 | $84,500 |
| 5% down | $13,312 | $252,932 | $1,701 | $105 | $259 | $2,066 | $88,500 |
| 3.5% down (FHA) | $9,319 | $261,422 | $1,759 | $118 | $259 | $2,135 | $91,500 |
Assumes a 30-year fixed loan at 7.11%, property tax of 0.57% of the home value a year, homeowners insurance of 0.6% a year, PMI of 0.5% of the loan a year when the down payment is under 20%, and FHA mortgage insurance of 0.55% a year plus a 1.75% upfront premium added to the loan. Your rate, taxes and insurance will differ.
What it takes: see what you can afford by salary in North Carolina.
North Carolina counties with similar prices
| County | Typical home | 1-yr change | Tax rate |
|---|---|---|---|
| Cherokee County | $264,815 | -0.2% | 0.46% |
| Alexander County | $268,040 | +6.7% | 0.6% |
| Pasquotank County | $264,204 | +1.1% | 0.67% |
| Stokes County | $259,278 | +6.4% | 0.6% |
| Davidson County | $273,458 | +2.9% | 0.6% |
| Guilford County | $274,335 | +0.1% | 0.84% |
| Craven County | $275,008 | +2.0% | 0.63% |
| Rowan County | $275,856 | +0.0% | 0.65% |
| McDowell County | $256,108 | -2.5% | 0.53% |
| Gates County | $255,286 | +10.6% | 0.76% |
Frequently asked questions
What is the average home price in Alleghany County, NC?
The typical home value in Alleghany County is $266,244 (Zillow Home Value Index, September 2026).
How much do you need to earn to buy a house in Alleghany County?
About $72,500 a year for the typical home with 20% down at a 7.11% 30-year rate.
What is the property tax rate in Alleghany County?
The median effective rate is 0.57% of home value a year (Census ACS 2024 5-year estimates).