Market Overview
Home Prices in Faison, NC
The median home value in Faison, NC is $146,267 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 5.8% compared to a year ago and down 1% from two years prior.
Compared to the U.S. national median of $410,000, homes in Faison are priced64% below average.
Over the past five years, Faison home values have risen by approximately31.9%, reflecting strong long-term appreciation in this market.
Price History
Faison Home Price Trend
2020
$98,180
$98K
—
2021
$110,864
$111K
+12.9%
2022
$125,269
$125K
+13.0%
2023
$129,806
$130K
+3.6%
2024
$139,671
$140K
+7.6%
2025
$138,219
$138K
-1.0%
2026
$146,267
$146K
+5.8%
City Comparison
Faison vs. National Median
🏠 Faison
$146,267
National Median
$410,000
At $146,267, homes in Faison cost 64% below the national median of $410,000. This makes Faison a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Faison?
20% Down Payment
$29,253
on $146,267
Monthly P&I
$763/mo
30-yr @ 6.8%
Total Monthly Est.
~$969/mo
incl. taxes & insurance
Income Needed
$38,760
gross annual (30% rule)
10% Down Option
$14,627
+ PMI applies
Loan Amount (20% dn)
$117,014
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 Faison, NC?
The median home value in Faison is $146,267 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 5.8% year-over-year.
How much have home prices changed in Faison?
Over the past year, home values in Faison have increased by 5.8%. Over five years, prices have risen approximately 31.9%.
How much do I need to earn to buy a home in Faison?
To comfortably afford the median home price of $146,267 with a 20% down payment ($29,253) at today's rates (6.8%), you'd need a gross annual income of approximately $38,760. This assumes keeping total housing costs at or below 30% of gross income.
How does Faison compare to the national average home price?
The national median home value is approximately $410,000. At $146,267, homes in Faison are 64% below the national average.