Data through September 2026 · updated 2026-11-08 · free, from Zillow, Realtor.com, the Census Bureau and other public sources
Typical home value$383,806+0.4% YoY · prices are flat
Market right nowBalanced, leaning buyersMore homes for sale than last year, 26% have cut their price
Income needed to buy, per year$83,201About 1.0× the local median income ($85,180): affordable for a typical household
Days on market70 daysAbout the same pace as a year ago
Next 12 months−0.3%Zillow expects prices to stay about flat
The typical home in Iredell County, NC is worth $383,806, about the same as a year ago. That is slightly above what local incomes have historically supported: fair value is about $367,538, so the area is 4.4% overvalued. It is a balanced market, leaning toward buyers: homes take about 70 days to sell, listings are up 4% from a year ago, 26% of listings have had a price cut. Zillow expects prices to fall about 0.3% over the next year. A household needs about $83,201 a year to afford the typical home here at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $85,180. Typical rent is $1,733 a month, or $2,187 for a house. In the latest IRS figures, 3,269 more people moved in than out.
Home value over time
Solid: typical home value · dashed: fair value (household income × the 20-year average price-to-income ratio). Sources: FHFA, Zillow, U.S. Census Bureau.
Prices and affordability
Typical home value
$383,806
Change in 1 year
+0.4%
Overvalued %
+4.4%
Show 7 more
Fair home value
$367,538
Change in 5 years
+21.7%
Zillow forecast, next 12 months
−0.3%
Home value to income
4.5×
Monthly mortgage payment (20% down)
$2,080
Income needed to afford it
$83,201
Property tax rate
0.61%
Rent and investing
Typical rent
$1,733
Typical rent for houses
$2,187
Price-to-rent ratio
18.5×
Show 3 more
HUD Fair Market Rent, 2 bedrooms
$1,429
Gross rental yield
5.42%
Cap rate (estimate)
3.52%
Market activity
Listings vs a year ago
+3.9%
Days on market
70
Listings with a price cut
25.9%
Show 3 more
Homes for sale
1,011
Pending sales per 100 listings
38
Asking price per sq ft
$201
People and jobs
Median household income
$85,180
Population change (1 year)
+2.8%
Unemployment rate
4.2%
Show 4 more
Population
211,798
Income adjusted for cost of living
$87,544
Net moves in (IRS)
+3,269
Cost of living (US = 100)
97.3
Schools, risk and environment
School rating (1 to 10)
7.3
FEMA hazard risk score (0 to 100)
80.8
Flood risk score
86.6
Show 3 more
Wildfire risk score
43.3
Walkability (1 to 20)
6.2
Road, rail and air noise
55 dB
Questions people ask
Is Iredell County, NC overvalued?
Home prices in Iredell County, NC are slightly above what local incomes have historically supported: fair value is about $367,538, so the area is 4.4% overvalued.
Is Iredell County, NC a buyer's or seller's market?
Iredell County, NC is a balanced market, leaning toward buyers: homes take about 70 days to sell, listings are up 4% from a year ago, 26% of listings have had a price cut.
Are home prices going down in Iredell County, NC?
Home values in Iredell County, NC are up 0.4% over the last year. Zillow's forecast for the next 12 months is −0.3%.
How much do you need to earn to buy a home in Iredell County, NC?
A household needs about $83,201 a year to afford the typical home in Iredell County, NC at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $85,180.