The typical owner-occupied home in Caroleen is worth about $137,500, 52% below the North Carolina median of $288,900 and 59% below the national median of $332,700. 74% of occupied homes here are lived in by their owners, and 100% of those owners still have a mortgage.
Caroleen at a glance
| Caroleen | North Carolina | U.S. | |
|---|---|---|---|
| Median home value | $137,500 | $288,900 | $332,700 |
| Median property tax paid per year | – | $1,896 | $3,119 |
| Median household income | – | $72,388 | $80,734 |
| Homes lived in by their owners | 74% | 67% | 65% |
| Owner homes with a mortgage | 100% | 61% | 61% |
| Median monthly costs, owners with a mortgage | $1,375 | $1,631 | $1,963 |
| Those costs as a share of the owners' income | 17.5% | 19.4% | 21.0% |
| Median rent | – | $1,228 | $1,413 |
| Median year homes were built | 1990 | 1991 | 1980 |
| Vacant homes | 50.0% | 12.5% | 10.1% |
| Population | 116 | 10,730,404 | 334,922,499 |
What a typical home costs per month in Caroleen
At this week's average 30-year rate of 7.11%, buying the median Caroleen home of $137,500 with 20% down costs about $923 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $1,152, 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 $39,570 for the 20%-down payment.
| Down payment | $27,500 |
|---|---|
| Loan amount | $110,000 |
| Principal and interest | $740 |
| Property taxes (1.10% a year) | $126 |
| Homeowners insurance (our estimate, 0.5% a year) | $57 |
| PMI | $0 |
| Total per month | $923 |
Change the numbers in the calculator
| Down payment | $4,812 |
|---|---|
| Loan amount | $135,010 |
| Principal and interest | $908 |
| Property taxes (1.10% a year) | $126 |
| Homeowners insurance (our estimate, 0.5% a year) | $57 |
| FHA mortgage insurance | $61 |
| Total per month | $1,152 |
Change the numbers in the calculator
Questions about home buying in Caroleen
What is the median home value in Caroleen?
About $137,500 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 Caroleen?
For the median home with 20% down at 7.11%, the payment is about $923 a month. Keeping that under 28% of gross income takes about $39,570 a year.
More about Caroleen
- Mortgage Refinance in Caroleen
- Debt Relief in Caroleen
- Home Equity Loans in Caroleen
- 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