Elizabeth City, NC home prices
Typical home $268,391 · +2.4% in a year · income needed $74,100
The Elizabeth City, NC metro area ranks 397 of 894 U.S. metros for home values (U.S. typical home: $366,157). Prices changed +2.4% in a year and +32.4% over five years. With 20% down at 7.11%, the typical home costs about $1,729 a month including 0.67% property tax (Pasquotank County rate).
Mortgage on the typical Elizabeth City home
| Down payment | Cash down | Loan | Principal + interest | PMI / MIP | Tax + insurance | Total / month | Income needed |
|---|---|---|---|---|---|---|---|
| 20% down | $53,678 | $214,713 | $1,444 | $0 | $284 | $1,729 | $74,100 |
| 10% down | $26,839 | $241,552 | $1,625 | $101 | $284 | $2,010 | $86,100 |
| 5% down | $13,420 | $254,971 | $1,715 | $106 | $284 | $2,106 | $90,200 |
| 3.5% down (FHA) | $9,394 | $263,530 | $1,773 | $119 | $284 | $2,176 | $93,200 |
Assumes a 30-year fixed loan at 7.11%, property tax of 0.67% 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 Elizabeth City area
| County | Typical home | 1-yr change | Tax rate |
|---|---|---|---|
| Pasquotank County, NC | $264,204 | +1.1% | 0.67% |
| Perquimans County, NC | $284,977 | +7.5% | 0.59% |
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 Elizabeth City?
The typical home in the Elizabeth City, NC metro area is worth $268,391 (Zillow, September 2026).
What salary do you need to buy a house in Elizabeth City?
About $74,100 a year for the typical home with 20% down at 7.11%.