The typical owner-occupied home in Cashiers is worth about $346,200, 20% above the North Carolina median of $288,900 and 4% above the national median of $332,700. The median household earns $73,750 a year, so the median home costs 4.7 times the median income (4.0 times for North Carolina). 64% of occupied homes here are lived in by their owners, and 35% of those owners still have a mortgage.
Cashiers at a glance
| Cashiers | North Carolina | U.S. | |
|---|---|---|---|
| Median home value | $346,200 | $288,900 | $332,700 |
| Median property tax paid per year | – | $1,896 | $3,119 |
| Median household income | $73,750 | $72,388 | $80,734 |
| Homes lived in by their owners | 64% | 67% | 65% |
| Owner homes with a mortgage | 35% | 61% | 61% |
| Median monthly costs, owners with a mortgage | – | $1,631 | $1,963 |
| Those costs as a share of the owners' income | 14.6% | 19.4% | 21.0% |
| Median rent | $1,341 | $1,228 | $1,413 |
| Rent as a share of renters' income | 32.9% | 29.5% | 30.6% |
| Median year homes were built | 1987 | 1991 | 1980 |
| Vacant homes | 57.7% | 12.5% | 10.1% |
| Population | 683 | 10,730,404 | 334,922,499 |
What a typical home costs per month in Cashiers
At this week's average 30-year rate of 7.11%, buying the median Cashiers home of $346,200 with 20% down costs about $2,325 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $2,901, 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 $99,631 for the 20%-down payment. That payment is 38% of the median Cashiers household income of $73,750; at that income and 20% down, the 28% guideline points to a home of about $256,000.
The median rent here is $1,341 a month, so owning the median home costs about $984 a month more than renting, before you count the equity you build and any tax benefits.
| Down payment | $69,240 |
|---|---|
| Loan amount | $276,960 |
| Principal and interest | $1,863 |
| Property taxes (1.10% a year) | $317 |
| Homeowners insurance (our estimate, 0.5% a year) | $144 |
| PMI | $0 |
| Total per month | $2,325 |
Change the numbers in the calculator
| Down payment | $12,117 |
|---|---|
| Loan amount | $339,929 |
| Principal and interest | $2,287 |
| Property taxes (1.10% a year) | $317 |
| Homeowners insurance (our estimate, 0.5% a year) | $144 |
| FHA mortgage insurance | $153 |
| Total per month | $2,901 |
Change the numbers in the calculator
Questions about home buying in Cashiers
What is the median home value in Cashiers?
About $346,200 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
What income do you need to buy a home in Cashiers?
For the median home with 20% down at 7.11%, the payment is about $2,325 a month. Keeping that under 28% of gross income takes about $99,631 a year.
More about Cashiers
- Mortgage Refinance in Cashiers
- Debt Relief in Cashiers
- Home Equity Loans in Cashiers
- 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