Market Overview
Home Prices in Cedar Rock, NC
The median home value in Cedar Rock, NC is $483,298 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's down 0.1% compared to a year ago and up 2.1% from two years prior.
Compared to the U.S. national median of $410,000, homes in Cedar Rock are priced18% above average. Cedar Rock is part of the Hickory-Lenoir-Morganton, NC metro area.
Over the past five years, Cedar Rock home values have risen by approximately27.6%, reflecting strong long-term appreciation in this market.
Price History
Cedar Rock Home Price Trend
City Comparison
Cedar Rock vs. National Median
At $483,298, homes in Cedar Rock cost 18% above the national median of $410,000. Buyers in Cedar Rock should expect to pay a premium compared to most U.S. markets.
Affordability
What Does It Cost to Buy in Cedar Rock?
20% Down Payment
$96,660
on $483,298
Monthly P&I
$2,521/mo
30-yr @ 6.8%
Total Monthly Est.
~$3,202/mo
incl. taxes & insurance
Income Needed
$128,080
gross annual (30% rule)
10% Down Option
$48,330
+ PMI applies
Loan Amount (20% dn)
$386,638
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 Cedar Rock, NC?
The median home value in Cedar Rock is $483,298 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's down 0.1% year-over-year.
How much have home prices changed in Cedar Rock?
Over the past year, home values in Cedar Rock have decreased by 0.1%. Over five years, prices have risen approximately 27.6%.
How much do I need to earn to buy a home in Cedar Rock?
To comfortably afford the median home price of $483,298 with a 20% down payment ($96,660) at today's rates (6.8%), you'd need a gross annual income of approximately $128,080. This assumes keeping total housing costs at or below 30% of gross income.
How does Cedar Rock compare to the national average home price?
The national median home value is approximately $410,000. At $483,298, homes in Cedar Rock are 18% above the national average.
What metro area is Cedar Rock part of?
Cedar Rock is part of the Hickory-Lenoir-Morganton, NC metropolitan area. Home prices and market conditions can vary across the broader metro region.