Burke County, North Carolina home prices
Typical home $253,278 · +1.2% in a year · property tax 0.68%
The typical home in Burke County is worth $253,278, 24% less than the North Carolina typical home ($332,159). Values changed +1.2% in the past year and +28.4% over five years. Homeowners here pay a median 0.68% of their home's value in property tax each year ($1,712 on the typical home), versus 0.64% statewide.
Mortgage on the typical Burke County home
| Down payment | Cash down | Loan | Principal + interest | PMI / MIP | Tax + insurance | Total / month | Income needed |
|---|---|---|---|---|---|---|---|
| 20% down | $50,656 | $202,622 | $1,363 | $0 | $269 | $1,632 | $70,000 |
| 10% down | $25,328 | $227,950 | $1,533 | $95 | $269 | $1,898 | $81,300 |
| 5% down | $12,664 | $240,614 | $1,619 | $100 | $269 | $1,988 | $85,200 |
| 3.5% down (FHA) | $8,865 | $248,690 | $1,673 | $112 | $269 | $2,054 | $88,000 |
Assumes a 30-year fixed loan at 7.11%, property tax of 0.68% 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 · part of the Hickory metro area.
North Carolina counties with similar prices
| County | Typical home | 1-yr change | Tax rate |
|---|---|---|---|
| Randolph County | $251,780 | +2.6% | 0.67% |
| Gates County | $255,286 | +10.6% | 0.76% |
| McDowell County | $256,108 | -2.5% | 0.53% |
| Stokes County | $259,278 | +6.4% | 0.6% |
| Person County | $246,547 | +4.6% | 0.62% |
| Pitt County | $243,595 | +1.1% | 0.83% |
| Pasquotank County | $264,204 | +1.1% | 0.67% |
| Surry County | $241,900 | +4.7% | 0.6% |
| Cherokee County | $264,815 | -0.2% | 0.46% |
| Alleghany County | $266,244 | +1.5% | 0.57% |
Frequently asked questions
What is the average home price in Burke County, NC?
The typical home value in Burke County is $253,278 (Zillow Home Value Index, September 2026).
How much do you need to earn to buy a house in Burke County?
About $70,000 a year for the typical home with 20% down at a 7.11% 30-year rate.
What is the property tax rate in Burke County?
The median effective rate is 0.68% of home value a year (Census ACS 2024 5-year estimates).