The typical owner-occupied home in Weaverville is worth about $463,700, 61% above the North Carolina median of $288,900 and 39% above the national median of $332,700. Owners pay a median $2,719 a year in property taxes, about 0.59% of their home's value, lower than the North Carolina rate of 0.66%. The median household earns $88,221 a year, so the median home costs 5.3 times the median income (4.0 times for North Carolina). 73% of occupied homes here are lived in by their owners, and 60% of those owners still have a mortgage.
Weaverville at a glance
| Weaverville | North Carolina | U.S. | |
|---|---|---|---|
| Median home value | $463,700 | $288,900 | $332,700 |
| Median property tax paid per year | $2,719 | $1,896 | $3,119 |
| Property tax as a share of value | 0.59% | 0.66% | 0.94% |
| Median household income | $88,221 | $72,388 | $80,734 |
| Homes lived in by their owners | 73% | 67% | 65% |
| Owner homes with a mortgage | 60% | 61% | 61% |
| Median monthly costs, owners with a mortgage | $2,103 | $1,631 | $1,963 |
| Those costs as a share of the owners' income | 18.5% | 19.4% | 21.0% |
| Median rent | $1,783 | $1,228 | $1,413 |
| Rent as a share of renters' income | 41.8% | 29.5% | 30.6% |
| Median year homes were built | 2000 | 1991 | 1980 |
| Vacant homes | 19.9% | 12.5% | 10.1% |
| Population | 4,687 | 10,730,404 | 334,922,499 |
What a typical home costs per month in Weaverville
At this week's average 30-year rate of 7.11%, buying the median Weaverville home of $463,700 with 20% down costs about $2,917 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $3,689, because the loan is bigger and FHA adds mortgage insurance.
Lenders usually want housing costs under about 28% of gross income, which means an income of roughly $125,000 for the 20%-down payment. That payment is 40% of the median Weaverville household income of $88,221; at that income and 20% down, the 28% guideline points to a home of about $327,000.
The median rent here is $1,783 a month, so owning the median home costs about $1,134 a month more than renting, before you count the equity you build and any tax benefits.
| Down payment | $92,740 |
|---|---|
| Loan amount | $370,960 |
| Principal and interest | $2,495 |
| Property taxes (0.59% a year) | $228 |
| Homeowners insurance (our estimate, 0.5% a year) | $193 |
| PMI | $0 |
| Total per month | $2,917 |
Change the numbers in the calculator
| Down payment | $16,230 |
|---|---|
| Loan amount | $455,301 |
| Principal and interest | $3,063 |
| Property taxes (0.59% a year) | $228 |
| Homeowners insurance (our estimate, 0.5% a year) | $193 |
| FHA mortgage insurance | $205 |
| Total per month | $3,689 |
Change the numbers in the calculator
Questions about home buying in Weaverville
What is the median home value in Weaverville?
About $463,700 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Weaverville?
Homeowners pay a median $2,719 a year, which is about 0.59% of the median home value. Your bill depends on your home's assessed value and local rates.
What income do you need to buy a home in Weaverville?
For the median home with 20% down at 7.11%, the payment is about $2,917 a month. Keeping that under 28% of gross income takes about $125,000 a year.
More about Weaverville
- Mortgage Refinance in Weaverville
- Debt Relief in Weaverville
- Home Equity Loans in Weaverville
- Guides and quotes for mortgage refinance on our sister site, MortgageRefinance.com
Sources: U.S. Census Bureau, American Community Survey 2020–2024 5-year estimates; Freddie Mac Primary Mortgage Market Survey, week of November 12, 2026. Estimates for small places have wide margins of error. About our data