Burlington, NC home prices
Typical home $290,915 · +1.0% in a year · income needed $79,800
The Burlington, NC metro area ranks 338 of 894 U.S. metros for home values (U.S. typical home: $366,157). Prices changed +1.0% in a year and +31.7% over five years. With 20% down at 7.11%, the typical home costs about $1,861 a month including 0.62% property tax (Alamance County rate).
Mortgage on the typical Burlington home
| Down payment | Cash down | Loan | Principal + interest | PMI / MIP | Tax + insurance | Total / month | Income needed |
|---|---|---|---|---|---|---|---|
| 20% down | $58,183 | $232,732 | $1,566 | $0 | $295 | $1,861 | $79,800 |
| 10% down | $29,092 | $261,824 | $1,761 | $109 | $295 | $2,166 | $92,800 |
| 5% down | $14,546 | $276,370 | $1,859 | $115 | $295 | $2,270 | $97,300 |
| 3.5% down (FHA) | $10,182 | $285,646 | $1,922 | $129 | $295 | $2,346 | $100,500 |
Assumes a 30-year fixed loan at 7.11%, property tax of 0.62% 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 Burlington area
| County | Typical home | 1-yr change | Tax rate |
|---|---|---|---|
| Alamance County, NC | $290,921 | +1.0% | 0.62% |
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 Burlington?
The typical home in the Burlington, NC metro area is worth $290,915 (Zillow, September 2026).
What salary do you need to buy a house in Burlington?
About $79,800 a year for the typical home with 20% down at 7.11%.