How much do homeowners pay a month in Fairview, NC?

Homeowners with a mortgage in Fairview, NC pay a median of $1,674 (±$140) a month in selected owner costs (2020–2024 American Community Survey).

Owners without a mortgage pay $496 (±$58).

71.3% of owned homes carry a mortgage.

In Fairview, the median monthly cost with a mortgage went from $1,635 in 2015–2019 to $1,674 in 2020–2024 (+2.4%).

Prices (CPI-U) rose 22.7% over the same years, so it rose more slowly than prices: a measurable decrease after inflation.

Figures last updated on .

With a mortgage
$1,674 (±$140)
Without a mortgage
$496 (±$58)
Owned with a mortgage
71.3%

Monthly owner costs in Fairview

Median selected monthly owner costs, estimate (90% margin of error)
FairviewUnion CountyNorth CarolinaUnited States
With a mortgage$1,674 (±$140)$1,940 (±$43)$1,631 (±$6)$1,963
Without a mortgage$496 (±$58)$553 (±$16)$490 (±$3)$638
Owned homes with a mortgage71.3% (±8.3 points)70.4% (±1.3 points)61.3% (±0.2 points)60.6%
Median real estate taxes (a year)$2,212 (±$287)$2,396 (±$52)$1,896 (±$8)$3,119

Selected monthly owner costs are the mortgage payment, property taxes, insurance, utilities, fuels and any condominium or mobile-home fees.

In Fairview, the median cost with a mortgage is lower than in Union County ($1,940).

It is not measurably different from North Carolina ($1,631).

It is lower than the national figure ($1,963).

In Union County, Fairview ranks 8 of 14 places with a published estimate, from highest to lowest median monthly cost with a mortgage.

Statewide, it ranks 168 of 641.

Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.

How owner costs in Fairview have changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Median owner cost with a mortgage$1,635 (±$177)$1,674 (±$140)+2.4%Down after inflation
Median real estate taxes$1,842 (±$191)$2,212 (±$287)+20.1%No measurable change after inflation
Median home value$253,400 (±$38,823)$382,300 (±$59,768)+50.9%No measurable change after inflation

The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.

Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.

The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.

Median monthly cost with a mortgage in places near Fairview

Nearest places with a published estimate, compared with Fairview
PlaceDistanceMedian monthly cost with a mortgageCompared with this place
Fairview—$1,674 (±$140)—
Unionville5.4 mi$1,628 (±$119)Not measurably different
Midland6.4 mi$1,728 (±$125)Not measurably different
Hemby Bridge6.6 mi$1,477 (±$173)Not measurably different
Stanfield7.6 mi$1,591 (±$216)Not measurably different
Mint Hill7.6 mi$1,961 (±$82)Higher
Lake Park7.9 mi$1,544 (±$127)Not measurably different
Stallings8.3 mi$1,914 (±$97)Higher
Locust9.2 mi$1,621 (±$152)Not measurably different

Nearby places with a measurably higher figure: Mint Hill, NC ($1,961), Stallings, NC ($1,914).

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Median monthly cost with a mortgage across Union County, place by place

RankPlaceMedian monthly cost with a mortgage
2Weddington$3,364 (±$401)
3Wesley Chapel$2,427 (±$146)
4Waxhaw$2,351 (±$127)
5Stallings$1,914 (±$97)
6Indian Trail$1,811 (±$100)
7Mineral Springs$1,678 (±$202)
8Fairview$1,674 (±$140)
9Unionville$1,628 (±$119)
10Monroe$1,615 (±$58)
11Wingate$1,600 (±$158)
12Lake Park$1,544 (±$127)
13Hemby Bridge$1,477 (±$173)
14Marshville$1,085 (±$157)

Showing 13 of 14 places in Union County, ranked from highest to lowest.

Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.

Margins of error are at the 90% confidence level.

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Questions about Fairview

What is the average mortgage payment in Fairview?

The Census Bureau publishes total owner costs rather than the mortgage alone: the median for owners with a mortgage in Fairview, NC is $1,674 (±$140) a month, including taxes, insurance and utilities.

How much does it cost to own a paid-off home in Fairview?

Owners without a mortgage in Fairview pay a median of $496 (±$58) a month in taxes, insurance, utilities and fees.

Has the cost of owning a home in Fairview gone up?

In Fairview, the median monthly cost with a mortgage went from $1,635 in 2015–2019 to $1,674 in 2020–2024 (+2.4%).

Prices (CPI-U) rose 22.7% over the same years, so it rose more slowly than prices: a measurable decrease after inflation.

Sources

To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) and detailed tables (acs/acs5) for Fairview town, North Carolina (place:22500, in state:37).

Each estimate (E or PE) has a margin of error beside it (M or PM).

The 2015–2019 figures are B25088_002E, B25088_002M, B25103_001E, B25103_001M, B25077_001E, B25077_001M from the 2019 release.

The API needs a free key.

Request a Census API key.

DP04_0101E, DP04_0101M, DP04_0109E, DP04_0109M, DP04_0091PE, DP04_0091PM, B25103_001E, B25103_001M

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.

Figures last updated on .

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