Albemarle, NC home prices
Typical home $302,541 · +2.3% in a year · income needed $82,400
The Albemarle, NC metro area ranks 317 of 894 U.S. metros for home values (U.S. typical home: $366,157). Prices changed +2.3% in a year and +32.4% over five years. With 20% down at 7.11%, the typical home costs about $1,923 a month including 0.57% property tax (Stanly County rate).
Mortgage on the typical Albemarle home
| Down payment | Cash down | Loan | Principal + interest | PMI / MIP | Tax + insurance | Total / month | Income needed |
|---|---|---|---|---|---|---|---|
| 20% down | $60,508 | $242,033 | $1,628 | $0 | $295 | $1,923 | $82,400 |
| 10% down | $30,254 | $272,287 | $1,832 | $113 | $295 | $2,240 | $96,000 |
| 5% down | $15,127 | $287,414 | $1,933 | $120 | $295 | $2,349 | $100,700 |
| 3.5% down (FHA) | $10,589 | $297,061 | $1,998 | $134 | $295 | $2,427 | $104,000 |
Assumes a 30-year fixed loan at 7.11%, property tax of 0.57% 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.
Counties in the Albemarle area
| County | Typical home | 1-yr change | Tax rate |
|---|---|---|---|
| Stanly County, NC | $302,546 | +2.3% | 0.57% |
What can you afford in North Carolina on your salary? · North Carolina home prices · Salaries in North Carolina
Frequently asked questions
How much is a house in Albemarle?
The typical home in the Albemarle, NC metro area is worth $302,541 (Zillow, September 2026).
What salary do you need to buy a house in Albemarle?
About $82,400 a year for the typical home with 20% down at 7.11%.