Market Overview
Home Prices in Grifton, NC
The median home value in Grifton, NC is $189,852 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 3.8% compared to a year ago and up 1.1% from two years prior.
Compared to the U.S. national median of $410,000, homes in Grifton are priced54% below average. Grifton is part of the Greenville, NC metro area.
Over the past five years, Grifton home values have risen by approximately38.2%, reflecting strong long-term appreciation in this market.
Price History
Grifton Home Price Trend
City Comparison
Grifton vs. National Median
At $189,852, homes in Grifton cost 54% below the national median of $410,000. This makes Grifton a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Grifton?
20% Down Payment
$37,970
on $189,852
Monthly P&I
$990/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,257/mo
incl. taxes & insurance
Income Needed
$50,280
gross annual (30% rule)
10% Down Option
$18,985
+ PMI applies
Loan Amount (20% dn)
$151,882
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 Grifton, NC?
The median home value in Grifton is $189,852 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 3.8% year-over-year.
How much have home prices changed in Grifton?
Over the past year, home values in Grifton have increased by 3.8%. Over five years, prices have risen approximately 38.2%.
How much do I need to earn to buy a home in Grifton?
To comfortably afford the median home price of $189,852 with a 20% down payment ($37,970) at today's rates (6.8%), you'd need a gross annual income of approximately $50,280. This assumes keeping total housing costs at or below 30% of gross income.
How does Grifton compare to the national average home price?
The national median home value is approximately $410,000. At $189,852, homes in Grifton are 54% below the national average.
What metro area is Grifton part of?
Grifton is part of the Greenville, NC metropolitan area. Home prices and market conditions can vary across the broader metro region.