Market Overview
Home Prices in Tarboro, NC
The median home value in Tarboro, NC is $158,811 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's down 2.6% compared to a year ago and down 1.4% from two years prior.
Compared to the U.S. national median of $410,000, homes in Tarboro are priced61% below average. Tarboro is part of the Rocky Mount, NC metro area.
Over the past five years, Tarboro home values have risen by approximately36.9%, reflecting strong long-term appreciation in this market.
Price History
Tarboro Home Price Trend
City Comparison
Tarboro vs. National Median
At $158,811, homes in Tarboro cost 61% below the national median of $410,000. This makes Tarboro a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Tarboro?
20% Down Payment
$31,762
on $158,811
Monthly P&I
$828/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,052/mo
incl. taxes & insurance
Income Needed
$42,080
gross annual (30% rule)
10% Down Option
$15,881
+ PMI applies
Loan Amount (20% dn)
$127,049
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 Tarboro, NC?
The median home value in Tarboro is $158,811 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's down 2.6% year-over-year.
How much have home prices changed in Tarboro?
Over the past year, home values in Tarboro have decreased by 2.6%. Over five years, prices have risen approximately 36.9%.
How much do I need to earn to buy a home in Tarboro?
To comfortably afford the median home price of $158,811 with a 20% down payment ($31,762) at today's rates (6.8%), you'd need a gross annual income of approximately $42,080. This assumes keeping total housing costs at or below 30% of gross income.
How does Tarboro compare to the national average home price?
The national median home value is approximately $410,000. At $158,811, homes in Tarboro are 61% below the national average.
What metro area is Tarboro part of?
Tarboro is part of the Rocky Mount, NC metropolitan area. Home prices and market conditions can vary across the broader metro region.