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Housing in Mount Gilead

A typical Mount Gilead home is worth about $216,000

Up 6.2% in a year, 36% below the North Carolina typical home.

Typical home value
$216K
▲ 6.2% in a year · NC $335K
Zillow
2-bedroom rent
$980
a month, utilities in · HUD
Median tax bill
$1,159
NC $1,896

What kind of housing town is Mount Gilead?

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

★ What stands out · Affordability

A typical home costs 3.7 years of income

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

You could afford about
$235,000
Typical Mount Gilead home $216K

That covers a typical Mount Gilead home, with $19K to spare.

The typical home, each month
$1,260
Loan $1,070Tax $130Insurance $60

A two-bedroom rents for about $980 a month here, $280 less than owning.

An estimate, not a loan offer: payments of up to 28% of income, a 30-year fixed loan, Mount Gilead’s typical property tax (0.74% of value a year, from the Census) and insurance of about 0.35%. Mortgage insurance, HOA fees and other debts aren’t included.

Price trend

Up 32.9% in five years

Faster than North Carolina (23.2%).

Mount GileadNorth Carolina
$50K$100K$150K$200K$250K$300K$350K20182020202220242026
Show as a table
JanuaryMount GileadNorth Carolina
2017$100,000$179,000
2018$107,000$190,000
2019$113,000$203,000
2020$119,000$215,000
2021$145,000$242,000
2022$169,000$287,000
2023$186,000$320,000
2024$197,000$332,000
2025$201,000$338,000
2026$210,000$336,000
August 2026$216,000$335,000
Then & now

A typical Mount Gilead home worth $99K in September 2016 is worth about $216K today.

+$117K
+6.2%
past year
+32.9%
past 5 years
+118.3%
since 2016

Zillow Home Value Index: the typical value of all homes (middle third), smoothed and seasonally adjusted, through August 2026.

Renting

A two-bedroom rents for about $980

Renters already here pay a median of $1,061.

Fair Market Rent a month, utilities included

Studio$830
1 bedroom$840
2 bedrooms$980
3 bedrooms$1,320
4 bedrooms$1,630
39%
of households rent · NC 33%
182
renter households
41%
of renters spend 30%+ of income on rent · NC 49%
20%
of the median income, for a two-bedroom
$1,061
median rent paid today · Census

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

The homes

61% of Mount Gilead households own their home

Half of Mount Gilead’s homes were built before 1970.

Owners and renters
Own 61%Rent 39%

North Carolina: 67% own.

1970
typical home built · NC 1991
$1,159
median property tax bill · NC $1,896
0.74%
of a home’s value, a year in tax · NC 0.66%
5%
of homes are seasonal or vacation homes

U.S. Census Bureau, American Community Survey 2020-2024.

Neighbors talk housing

What Mount Gilead buyers, sellers and renters are saying.

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

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Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. Sales, days on market and supply: Redfin Data Center. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers. The calculator is an estimate, not a loan offer.

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