Carteret County, North Carolina home prices
Typical home $469,750 · +3.0% in a year · property tax 0.43%
The typical home in Carteret County is worth $469,750, 41% more than the North Carolina typical home ($332,159). Values changed +3.0% in the past year and +30.3% over five years. Homeowners here pay a median 0.43% of their home's value in property tax each year ($2,006 on the typical home), versus 0.64% statewide.
Mortgage on the typical Carteret County home
| Down payment | Cash down | Loan | Principal + interest | PMI / MIP | Tax + insurance | Total / month | Income needed |
|---|---|---|---|---|---|---|---|
| 20% down | $93,950 | $375,800 | $2,528 | $0 | $402 | $2,930 | $125,600 |
| 10% down | $46,975 | $422,775 | $2,844 | $176 | $402 | $3,422 | $146,700 |
| 5% down | $23,488 | $446,263 | $3,002 | $186 | $402 | $3,590 | $153,900 |
| 3.5% down (FHA) | $16,441 | $461,242 | $3,103 | $208 | $402 | $3,713 | $159,100 |
Assumes a 30-year fixed loan at 7.11%, property tax of 0.43% 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 Morehead City metro area.
North Carolina counties with similar prices
| County | Typical home | 1-yr change | Tax rate |
|---|---|---|---|
| Wake County | $471,020 | -1.7% | 0.71% |
| Transylvania County | $462,178 | -2.0% | 0.45% |
| Jackson County | $447,841 | -0.3% | 0.34% |
| New Hanover County | $445,851 | +0.7% | 0.54% |
| Orange County | $494,660 | -2.0% | 0.91% |
| Union County | $444,831 | -0.7% | 0.57% |
| Buncombe County | $440,368 | -4.4% | 0.57% |
| Pender County | $435,927 | +0.7% | 0.63% |
| Watauga County | $507,749 | +1.2% | 0.39% |
| Henderson County | $422,515 | -1.7% | 0.52% |
Frequently asked questions
What is the average home price in Carteret County, NC?
The typical home value in Carteret County is $469,750 (Zillow Home Value Index, September 2026).
How much do you need to earn to buy a house in Carteret County?
About $125,600 a year for the typical home with 20% down at a 7.11% 30-year rate.
What is the property tax rate in Carteret County?
The median effective rate is 0.43% of home value a year (Census ACS 2024 5-year estimates).