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Housing in Fairview

A typical Fairview home is worth roughly $492,000

Home prices around Fairview have risen about 58% over the past 5 years.

Typical home value
$492K
▲ 5.1% in a year · NC $335K
Estimate
2-bedroom rent
$1,390
a month, utilities in · HUD
Median tax bill
$1,935
NC $1,896

What kind of housing town is Fairview?

Read from the numbers below. The page puts what stands out first.

★ What stands out · Affordability

A typical home costs 5.3 years of income

More than across North Carolina (4.6 years). Try your own numbers below.

You could afford about
$383,000
Typical Fairview home $492K

That’s $110K short of a typical Fairview home.

The typical home, each month
$2,760
Loan $2,440Tax $180Insurance $140

A two-bedroom rents for about $1,390 a month here, $1,370 less than owning.

How Fairview ranks on affordability →

An estimate, not a loan offer: payments of up to 28% of income, a 30-year fixed loan, Fairview’s typical property tax (0.44% of value a year, from the Census) and insurance of about 0.35%. Mortgage insurance, HOA fees and other debts aren’t included.

The homes

3 of Fairview’s houses are on the National Register

Half of Fairview’s homes were built before 1997.

History →
Owners and renters
Own 95%Rent 6%

North Carolina: 67% own.

1997
typical home built · NC 1991
$1,935
median property tax bill · NC $1,896
0.44%
of a home’s value, a year in tax · NC 0.66%
Historic houses in Fairview

U.S. Census Bureau, American Community Survey 2020-2024. Historic houses: National Register of Historic Places.

Price trend

Home prices up 58% in 5 years

The federal house price index for the ZIP code around Fairview rose 58% over the past 5 years, about the same as across North Carolina. Last year prices rose 5.1%. Carrying the Census median home value forward with that index puts the typical Fairview home at roughly $492,000 today.

Fairview areaNorth Carolina
0%+50%+100%+150%+200%200020052010201520202025
+5.1%
past year
+58%
past 5 years
+98%
past 10 years
Estimated value

Carrying the Census median forward with the index puts a typical home at about $492K.

How Fairview ranks on rising home prices →

Federal Housing Finance Agency House Price Index (annual) for the ZIP codes around Fairview, weighted by land area. It tracks repeat sales of the same homes, so it shows how prices changed, not what homes cost.

Renting

A two-bedroom rents for about $1,390

Fair Market Rent a month, utilities included

Studio$1,170
1 bedroom$1,270
2 bedrooms$1,390
3 bedrooms$1,760
4 bedrooms$2,330
6%
of households rent · NC 33%
41
renter households
37%
of renters spend 30%+ of income on rent · NC 49%
18%
of the median income, for a two-bedroom

U.S. Department of Housing and Urban Development, Fair Market Rents by ZIP code (Asheville, NC MSA): the 40th-percentile rent plus utilities for a standard unit. Median rent and renters: U.S. Census Bureau, American Community Survey.

Neighbors talk housing

What Fairview buyers, sellers and renters are saying.

Town Square →
Weigh in
Is Fairview still affordable for young families?

Your answer becomes a post in Town Square.

Start the conversation

Home values: Zillow Home Value Index (ZHVI), Zillow Research. Sales, days on market and supply: Redfin Data Center. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Price trend: Federal Housing Finance Agency House Price Index. Fair Market Rents: U.S. Department of Housing and Urban Development. Historic houses: National Register of Historic Places. Listings link to their publishers. The calculator is an estimate, not a loan offer.

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