Market Overview
Home Prices in Alliance, NC
The median home value in Alliance, NC is $202,919 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 21.3% compared to a year ago and down 5.8% from two years prior.
Compared to the U.S. national median of $410,000, homes in Alliance are priced51% below average. Alliance is part of the New Bern, NC metro area.
Over the past five years, Alliance home values have risen by approximately42.2%, reflecting strong long-term appreciation in this market.
Price History
Alliance Home Price Trend
City Comparison
Alliance vs. National Median
At $202,919, homes in Alliance cost 51% below the national median of $410,000. This makes Alliance a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Alliance?
20% Down Payment
$40,584
on $202,919
Monthly P&I
$1,058/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,344/mo
incl. taxes & insurance
Income Needed
$53,760
gross annual (30% rule)
10% Down Option
$20,292
+ PMI applies
Loan Amount (20% dn)
$162,335
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 Alliance, NC?
The median home value in Alliance is $202,919 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 21.3% year-over-year.
How much have home prices changed in Alliance?
Over the past year, home values in Alliance have increased by 21.3%. Over five years, prices have risen approximately 42.2%.
How much do I need to earn to buy a home in Alliance?
To comfortably afford the median home price of $202,919 with a 20% down payment ($40,584) at today's rates (6.8%), you'd need a gross annual income of approximately $53,760. This assumes keeping total housing costs at or below 30% of gross income.
How does Alliance compare to the national average home price?
The national median home value is approximately $410,000. At $202,919, homes in Alliance are 51% below the national average.
What metro area is Alliance part of?
Alliance is part of the New Bern, NC metropolitan area. Home prices and market conditions can vary across the broader metro region.