Orange County, North Carolina home prices
Typical home $494,660 · -2.0% in a year · property tax 0.91%
The typical home in Orange County is worth $494,660, 49% more than the North Carolina typical home ($332,159). Values changed -2.0% in the past year and +24.4% over five years. Homeowners here pay a median 0.91% of their home's value in property tax each year ($4,480 on the typical home), versus 0.64% statewide.
Mortgage on the typical Orange County home
| Down payment | Cash down | Loan | Principal + interest | PMI / MIP | Tax + insurance | Total / month | Income needed |
|---|---|---|---|---|---|---|---|
| 20% down | $98,932 | $395,728 | $2,662 | $0 | $621 | $3,283 | $140,700 |
| 10% down | $49,466 | $445,194 | $2,995 | $185 | $621 | $3,801 | $162,900 |
| 5% down | $24,733 | $469,927 | $3,161 | $196 | $621 | $3,978 | $170,500 |
| 3.5% down (FHA) | $17,313 | $485,700 | $3,267 | $219 | $621 | $4,107 | $176,000 |
Assumes a 30-year fixed loan at 7.11%, property tax of 0.91% 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 Durham metro area.
North Carolina counties with similar prices
| County | Typical home | 1-yr change | Tax rate |
|---|---|---|---|
| Watauga County | $507,749 | +1.2% | 0.39% |
| Wake County | $471,020 | -1.7% | 0.71% |
| Carteret County | $469,750 | +3.0% | 0.43% |
| 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% |
| Currituck County | $543,963 | +0.7% | 0.46% |
| Union County | $444,831 | -0.7% | 0.57% |
| Buncombe County | $440,368 | -4.4% | 0.57% |
| Pender County | $435,927 | +0.7% | 0.63% |
Frequently asked questions
What is the average home price in Orange County, NC?
The typical home value in Orange County is $494,660 (Zillow Home Value Index, September 2026).
How much do you need to earn to buy a house in Orange County?
About $140,700 a year for the typical home with 20% down at a 7.11% 30-year rate.
What is the property tax rate in Orange County?
The median effective rate is 0.91% of home value a year (Census ACS 2024 5-year estimates).