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Buying a home in McLeansville, North Carolina

The typical owner-occupied home in McLeansville is worth about $207,400, 28% below the North Carolina median of $288,900 and 38% below the national median of $332,700. Owners pay a median $1,319 a year in property taxes, about 0.64% of their home's value, close to the North Carolina rate of 0.66%. The median household earns $27,161 a year, so the median home costs 7.6 times the median income (4.0 times for North Carolina). 93% of occupied homes here are lived in by their owners, and 42% of those owners still have a mortgage.

McLeansville at a glance

McLeansville North Carolina U.S.
Median home value $207,400 $288,900 $332,700
Median property tax paid per year $1,319 $1,896 $3,119
Property tax as a share of value 0.64% 0.66% 0.94%
Median household income $27,161 $72,388 $80,734
Homes lived in by their owners 93% 67% 65%
Owner homes with a mortgage 42% 61% 61%
Median monthly costs, owners with a mortgage $1,109 $1,631 $1,963
Those costs as a share of the owners' income 33.0% 19.4% 21.0%
Median rent – $1,228 $1,413
Median year homes were built 1983 1991 1980
Vacant homes 13.9% 12.5% 10.1%
Population 688 10,730,404 334,922,499

What a typical home costs per month in McLeansville

At this week's average 30-year rate of 7.11%, buying the median McLeansville home of $207,400 with 20% down costs about $1,313 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $1,659, 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 $56,279 for the 20%-down payment. That payment is 58% of the median McLeansville household income of $27,161; at that income and 20% down, the 28% guideline points to a home of about $100,000.

20% down, 30-year conventional loan
Down payment$41,480
Loan amount$165,920
Principal and interest$1,116
Property taxes (0.64% a year)$111
Homeowners insurance (our estimate, 0.5% a year)$86
PMI$0
Total per month$1,313

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3.5% down, 30-year FHA loan
Down payment$7,259
Loan amount$203,643
Principal and interest$1,370
Property taxes (0.64% a year)$111
Homeowners insurance (our estimate, 0.5% a year)$86
FHA mortgage insurance$92
Total per month$1,659

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Questions about home buying in McLeansville

What is the median home value in McLeansville?

About $207,400 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.

How much are property taxes in McLeansville?

Homeowners pay a median $1,319 a year, which is about 0.64% 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 McLeansville?

For the median home with 20% down at 7.11%, the payment is about $1,313 a month. Keeping that under 28% of gross income takes about $56,279 a year.

More about McLeansville

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