The typical owner-occupied home in Valle Crucis is worth about $463,800, 61% above the North Carolina median of $288,900 and 39% above the national median of $332,700. Owners pay a median $1,721 a year in property taxes, about 0.37% of their home's value, lower than the North Carolina rate of 0.66%. 75% of occupied homes here are lived in by their owners, and 83% of those owners still have a mortgage.
Valle Crucis at a glance
| Valle Crucis | North Carolina | U.S. | |
|---|---|---|---|
| Median home value | $463,800 | $288,900 | $332,700 |
| Median property tax paid per year | $1,721 | $1,896 | $3,119 |
| Property tax as a share of value | 0.37% | 0.66% | 0.94% |
| Median household income | – | $72,388 | $80,734 |
| Homes lived in by their owners | 75% | 67% | 65% |
| Owner homes with a mortgage | 83% | 61% | 61% |
| Median monthly costs, owners with a mortgage | $1,995 | $1,631 | $1,963 |
| Those costs as a share of the owners' income | 12.5% | 19.4% | 21.0% |
| Median rent | – | $1,228 | $1,413 |
| Median year homes were built | 1973 | 1991 | 1980 |
| Vacant homes | 61.9% | 12.5% | 10.1% |
| Population | 242 | 10,730,404 | 334,922,499 |
What a typical home costs per month in Valle Crucis
At this week's average 30-year rate of 7.11%, buying the median Valle Crucis home of $463,800 with 20% down costs about $2,832 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $3,605, 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 $121,383 for the 20%-down payment.
| Down payment | $92,760 |
|---|---|
| Loan amount | $371,040 |
| Principal and interest | $2,496 |
| Property taxes (0.37% a year) | $143 |
| Homeowners insurance (our estimate, 0.5% a year) | $193 |
| PMI | $0 |
| Total per month | $2,832 |
Change the numbers in the calculator
| Down payment | $16,233 |
|---|---|
| Loan amount | $455,399 |
| Principal and interest | $3,064 |
| Property taxes (0.37% a year) | $143 |
| Homeowners insurance (our estimate, 0.5% a year) | $193 |
| FHA mortgage insurance | $205 |
| Total per month | $3,605 |
Change the numbers in the calculator
Questions about home buying in Valle Crucis
What is the median home value in Valle Crucis?
About $463,800 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Valle Crucis?
Homeowners pay a median $1,721 a year, which is about 0.37% 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 Valle Crucis?
For the median home with 20% down at 7.11%, the payment is about $2,832 a month. Keeping that under 28% of gross income takes about $121,383 a year.
More about Valle Crucis
- Mortgage Refinance in Valle Crucis
- Debt Relief in Valle Crucis
- Home Equity Loans in Valle Crucis
- 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