Polk County, North Carolina home prices
Typical home $306,649 · -3.0% in a year · property tax 0.54%
The typical home in Polk County is worth $306,649, 8% less than the North Carolina typical home ($332,159). Values changed -3.0% in the past year and +18.9% over five years. Homeowners here pay a median 0.54% of their home's value in property tax each year ($1,652 on the typical home), versus 0.64% statewide.
Mortgage on the typical Polk County home
| Down payment | Cash down | Loan | Principal + interest | PMI / MIP | Tax + insurance | Total / month | Income needed |
|---|---|---|---|---|---|---|---|
| 20% down | $61,330 | $245,319 | $1,650 | $0 | $291 | $1,941 | $83,200 |
| 10% down | $30,665 | $275,984 | $1,857 | $115 | $291 | $2,263 | $97,000 |
| 5% down | $15,332 | $291,316 | $1,960 | $121 | $291 | $2,372 | $101,700 |
| 3.5% down (FHA) | $10,733 | $301,095 | $2,025 | $136 | $291 | $2,452 | $105,100 |
Assumes a 30-year fixed loan at 7.11%, property tax of 0.54% 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 |
|---|---|---|---|
| Stanly County | $302,546 | +2.3% | 0.57% |
| Yancey County | $313,735 | +0.4% | 0.48% |
| Granville County | $315,433 | -0.6% | 0.67% |
| Gaston County | $295,114 | -0.2% | 0.75% |
| Harnett County | $292,371 | +0.1% | 0.69% |
| Catawba County | $291,519 | +1.1% | 0.58% |
| Swain County | $321,857 | +0.5% | 0.41% |
| Alamance County | $290,921 | +1.0% | 0.62% |
| Onslow County | $290,604 | +3.2% | 0.64% |
| Davie County | $325,287 | +3.2% | 0.63% |
Frequently asked questions
What is the average home price in Polk County, NC?
The typical home value in Polk County is $306,649 (Zillow Home Value Index, September 2026).
How much do you need to earn to buy a house in Polk County?
About $83,200 a year for the typical home with 20% down at a 7.11% 30-year rate.
What is the property tax rate in Polk County?
The median effective rate is 0.54% of home value a year (Census ACS 2024 5-year estimates).