Market Overview
Home Prices in Burgaw, NC
The median home value in Burgaw, NC is $289,062 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's down 1% compared to a year ago and up 0.8% from two years prior.
Compared to the U.S. national median of $410,000, homes in Burgaw are priced29% below average. Burgaw is part of the Wilmington, NC metro area.
Over the past five years, Burgaw home values have risen by approximately33.4%, reflecting strong long-term appreciation in this market.
Price History
Burgaw Home Price Trend
City Comparison
Burgaw vs. National Median
At $289,062, homes in Burgaw cost 29% below the national median of $410,000. This makes Burgaw a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Burgaw?
20% Down Payment
$57,812
on $289,062
Monthly P&I
$1,508/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,915/mo
incl. taxes & insurance
Income Needed
$76,600
gross annual (30% rule)
10% Down Option
$28,906
+ PMI applies
Loan Amount (20% dn)
$231,250
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 Burgaw, NC?
The median home value in Burgaw is $289,062 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's down 1% year-over-year.
How much have home prices changed in Burgaw?
Over the past year, home values in Burgaw have decreased by 1%. Over five years, prices have risen approximately 33.4%.
How much do I need to earn to buy a home in Burgaw?
To comfortably afford the median home price of $289,062 with a 20% down payment ($57,812) at today's rates (6.8%), you'd need a gross annual income of approximately $76,600. This assumes keeping total housing costs at or below 30% of gross income.
How does Burgaw compare to the national average home price?
The national median home value is approximately $410,000. At $289,062, homes in Burgaw are 29% below the national average.
What metro area is Burgaw part of?
Burgaw is part of the Wilmington, NC metropolitan area. Home prices and market conditions can vary across the broader metro region.