The typical owner-occupied home in Buxton is worth about $409,900, 42% above the North Carolina median of $288,900 and 23% above the national median of $332,700. Owners pay a median $1,948 a year in property taxes, about 0.48% of their home's value, lower than the North Carolina rate of 0.66%. 74% of occupied homes here are lived in by their owners, and 61% of those owners still have a mortgage.
Buxton at a glance
| Buxton | North Carolina | U.S. | |
|---|---|---|---|
| Median home value | $409,900 | $288,900 | $332,700 |
| Median property tax paid per year | $1,948 | $1,896 | $3,119 |
| Property tax as a share of value | 0.48% | 0.66% | 0.94% |
| Median household income | – | $72,388 | $80,734 |
| Homes lived in by their owners | 74% | 67% | 65% |
| Owner homes with a mortgage | 61% | 61% | 61% |
| Median monthly costs, owners with a mortgage | $2,137 | $1,631 | $1,963 |
| Those costs as a share of the owners' income | 22.0% | 19.4% | 21.0% |
| Median rent | $909 | $1,228 | $1,413 |
| Rent as a share of renters' income | 38.4% | 29.5% | 30.6% |
| Median year homes were built | 1995 | 1991 | 1980 |
| Vacant homes | 42.4% | 12.5% | 10.1% |
| Population | 1,267 | 10,730,404 | 334,922,499 |
What a typical home costs per month in Buxton
At this week's average 30-year rate of 7.11%, buying the median Buxton home of $409,900 with 20% down costs about $2,541 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $3,224, 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 $108,887 for the 20%-down payment.
The median rent here is $909 a month, so owning the median home costs about $1,632 a month more than renting, before you count the equity you build and any tax benefits.
| Down payment | $81,980 |
|---|---|
| Loan amount | $327,920 |
| Principal and interest | $2,206 |
| Property taxes (0.48% a year) | $164 |
| Homeowners insurance (our estimate, 0.5% a year) | $171 |
| PMI | $0 |
| Total per month | $2,541 |
Change the numbers in the calculator
| Down payment | $14,346 |
|---|---|
| Loan amount | $402,476 |
| Principal and interest | $2,707 |
| Property taxes (0.48% a year) | $164 |
| Homeowners insurance (our estimate, 0.5% a year) | $171 |
| FHA mortgage insurance | $181 |
| Total per month | $3,224 |
Change the numbers in the calculator
Questions about home buying in Buxton
What is the median home value in Buxton?
About $409,900 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Buxton?
Homeowners pay a median $1,948 a year, which is about 0.48% 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 Buxton?
For the median home with 20% down at 7.11%, the payment is about $2,541 a month. Keeping that under 28% of gross income takes about $108,887 a year.
More about Buxton
- Mortgage Refinance in Buxton
- Debt Relief in Buxton
- Home Equity Loans in Buxton
- 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