Market Overview
Home Prices in Albemarle, NC
The median home value in Albemarle, NC is $266,594 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 1% compared to a year ago and up 1.4% from two years prior.
Compared to the U.S. national median of $410,000, homes in Albemarle are priced35% below average. Albemarle is part of the Albemarle, NC metro area.
Over the past five years, Albemarle home values have risen by approximately35.0%, reflecting strong long-term appreciation in this market.
Price History
Albemarle Home Price Trend
City Comparison
Albemarle vs. National Median
At $266,594, homes in Albemarle cost 35% below the national median of $410,000. This makes Albemarle a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Albemarle?
20% Down Payment
$53,319
on $266,594
Monthly P&I
$1,390/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,765/mo
incl. taxes & insurance
Income Needed
$70,600
gross annual (30% rule)
10% Down Option
$26,659
+ PMI applies
Loan Amount (20% dn)
$213,275
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Albemarle, NC?
The median home value in Albemarle is $266,594 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 1% year-over-year.
How much have home prices changed in Albemarle?
Over the past year, home values in Albemarle have increased by 1%. Over five years, prices have risen approximately 35.0%.
How much do I need to earn to buy a home in Albemarle?
To comfortably afford the median home price of $266,594 with a 20% down payment ($53,319) at today's rates (6.8%), you'd need a gross annual income of approximately $70,600. This assumes keeping total housing costs at or below 30% of gross income.
How does Albemarle compare to the national average home price?
The national median home value is approximately $410,000. At $266,594, homes in Albemarle are 35% below the national average.
What metro area is Albemarle part of?
Albemarle is part of the Albemarle, NC metropolitan area. Home prices and market conditions can vary across the broader metro region.