Chowan County, North Carolina home prices
Typical home $231,388 · +5.0% in a year · property tax 0.71%
The typical home in Chowan County is worth $231,388, 30% less than the North Carolina typical home ($332,159). Values changed +5.0% in the past year and +29.0% over five years. Homeowners here pay a median 0.71% of their home's value in property tax each year ($1,646 on the typical home), versus 0.64% statewide.
Mortgage on the typical Chowan County home
| Down payment | Cash down | Loan | Principal + interest | PMI / MIP | Tax + insurance | Total / month | Income needed |
|---|---|---|---|---|---|---|---|
| 20% down | $46,278 | $185,110 | $1,245 | $0 | $253 | $1,498 | $64,200 |
| 10% down | $23,139 | $208,249 | $1,401 | $87 | $253 | $1,741 | $74,600 |
| 5% down | $11,569 | $219,818 | $1,479 | $92 | $253 | $1,823 | $78,100 |
| 3.5% down (FHA) | $8,099 | $227,197 | $1,528 | $102 | $253 | $1,884 | $80,700 |
Assumes a 30-year fixed loan at 7.11%, property tax of 0.71% 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 |
|---|---|---|---|
| Caldwell County | $233,547 | +0.8% | 0.6% |
| Yadkin County | $233,897 | +3.8% | 0.67% |
| Nash County | $234,011 | +1.5% | 0.71% |
| Cumberland County | $227,993 | +0.4% | 0.93% |
| Beaufort County | $235,091 | +1.6% | 0.67% |
| Mitchell County | $236,388 | +3.4% | 0.52% |
| Graham County | $226,187 | +1.8% | 0.57% |
| Wilkes County | $225,067 | +4.5% | 0.59% |
| Hyde County | $223,074 | +4.5% | 0.79% |
| Warren County | $221,073 | +4.8% | 0.71% |
Frequently asked questions
What is the average home price in Chowan County, NC?
The typical home value in Chowan County is $231,388 (Zillow Home Value Index, September 2026).
How much do you need to earn to buy a house in Chowan County?
About $64,200 a year for the typical home with 20% down at a 7.11% 30-year rate.
What is the property tax rate in Chowan County?
The median effective rate is 0.71% of home value a year (Census ACS 2024 5-year estimates).