Rowan County, North Carolina home prices
Typical home $275,856 · +0.0% in a year · property tax 0.65%
The typical home in Rowan County is worth $275,856, 17% less than the North Carolina typical home ($332,159). Values changed +0.0% in the past year and +22.4% over five years. Homeowners here pay a median 0.65% of their home's value in property tax each year ($1,798 on the typical home), versus 0.64% statewide.
Mortgage on the typical Rowan County home
| Down payment | Cash down | Loan | Principal + interest | PMI / MIP | Tax + insurance | Total / month | Income needed |
|---|---|---|---|---|---|---|---|
| 20% down | $55,171 | $220,684 | $1,485 | $0 | $288 | $1,772 | $76,000 |
| 10% down | $27,586 | $248,270 | $1,670 | $103 | $288 | $2,061 | $88,300 |
| 5% down | $13,793 | $262,063 | $1,763 | $109 | $288 | $2,160 | $92,600 |
| 3.5% down (FHA) | $9,655 | $270,859 | $1,822 | $122 | $288 | $2,232 | $95,700 |
Assumes a 30-year fixed loan at 7.11%, property tax of 0.65% 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 Charlotte metro area.
North Carolina counties with similar prices
| County | Typical home | 1-yr change | Tax rate |
|---|---|---|---|
| Craven County | $275,008 | +2.0% | 0.63% |
| Guilford County | $274,335 | +0.1% | 0.84% |
| Davidson County | $273,458 | +2.9% | 0.6% |
| Forsyth County | $281,187 | +0.4% | 0.79% |
| Hoke County | $281,415 | +0.1% | 0.67% |
| Pamlico County | $282,239 | +6.0% | 0.56% |
| Alexander County | $268,040 | +6.7% | 0.6% |
| Perquimans County | $284,977 | +7.5% | 0.59% |
| Alleghany County | $266,244 | +1.5% | 0.57% |
| Cherokee County | $264,815 | -0.2% | 0.46% |
Frequently asked questions
What is the average home price in Rowan County, NC?
The typical home value in Rowan County is $275,856 (Zillow Home Value Index, September 2026).
How much do you need to earn to buy a house in Rowan County?
About $76,000 a year for the typical home with 20% down at a 7.11% 30-year rate.
What is the property tax rate in Rowan County?
The median effective rate is 0.65% of home value a year (Census ACS 2024 5-year estimates).