Market Overview
Home Prices in Bessemer City, NC
The median home value in Bessemer City, NC is $243,029 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 1.5% compared to a year ago and up 1% from two years prior.
Compared to the U.S. national median of $410,000, homes in Bessemer City are priced41% below average. Bessemer City is part of the Charlotte-Concord-Gastonia, NC-SC metro area.
Over the past five years, Bessemer City home values have risen by approximately33.0%, reflecting strong long-term appreciation in this market.
Price History
Bessemer City Home Price Trend
City Comparison
Bessemer City vs. National Median
At $243,029, homes in Bessemer City cost 41% below the national median of $410,000. This makes Bessemer City a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Bessemer City?
20% Down Payment
$48,606
on $243,029
Monthly P&I
$1,267/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,609/mo
incl. taxes & insurance
Income Needed
$64,360
gross annual (30% rule)
10% Down Option
$24,303
+ PMI applies
Loan Amount (20% dn)
$194,423
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 Bessemer City, NC?
The median home value in Bessemer City is $243,029 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 1.5% year-over-year.
How much have home prices changed in Bessemer City?
Over the past year, home values in Bessemer City have increased by 1.5%. Over five years, prices have risen approximately 33.0%.
How much do I need to earn to buy a home in Bessemer City?
To comfortably afford the median home price of $243,029 with a 20% down payment ($48,606) at today's rates (6.8%), you'd need a gross annual income of approximately $64,360. This assumes keeping total housing costs at or below 30% of gross income.
How does Bessemer City compare to the national average home price?
The national median home value is approximately $410,000. At $243,029, homes in Bessemer City are 41% below the national average.
What metro area is Bessemer City part of?
Bessemer City is part of the Charlotte-Concord-Gastonia, NC-SC metropolitan area. Home prices and market conditions can vary across the broader metro region.