How much do homeowners pay a month in Glen Raven, NC?

Homeowners with a mortgage in Glen Raven, NC pay a median of $1,152 (±$66) a month in selected owner costs (2020–2024 American Community Survey).

Owners without a mortgage pay $337 (±$39).

82.6% of owned homes carry a mortgage.

In Glen Raven, the median monthly cost with a mortgage went from $1,133 in 2015–2019 to $1,152 in 2020–2024 (+1.7%).

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
$1,152 (±$66)
Without a mortgage
$337 (±$39)
Owned with a mortgage
82.6%

Monthly owner costs in Glen Raven

Median selected monthly owner costs, estimate (90% margin of error)
Glen RavenAlamance CountyNorth CarolinaUnited States
With a mortgage$1,152 (±$66)$1,435 (±$34)$1,631 (±$6)$1,963
Without a mortgage$337 (±$39)$450 (±$13)$490 (±$3)$638
Owned homes with a mortgage82.6% (±9.2 points)61.1% (±1.6 points)61.3% (±0.2 points)60.6%
Median real estate taxes (a year)$1,180 (±$184)$1,494 (±$46)$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 Glen Raven, the median cost with a mortgage is lower than in Alamance County ($1,435).

It is also lower than in North Carolina ($1,631).

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

In Alamance County, Glen Raven ranks 11 of 12 places with a published estimate, from highest to lowest median monthly cost with a mortgage.

Statewide, it ranks 525 of 641.

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

How owner costs in Glen Raven 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$1,133 (±$77)$1,152 (±$66)+1.7%Down after inflation
Median real estate taxes$1,035 (±$154)$1,180 (±$184)+14.0%No measurable change after inflation
Median home value$145,500 (±$11,606)$224,000 (±$24,409)+54.0%Up 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 Glen Raven

Nearest places with a published estimate, compared with Glen Raven
PlaceDistanceMedian monthly cost with a mortgageCompared with this place
Glen Raven—$1,152 (±$66)—
Elon2.8 mi$1,972 (±$315)Higher
Burlington3.3 mi$1,404 (±$67)Higher
Ossipee4.0 mi$1,108 (±$277)Not measurably different
Gibsonville4.5 mi$1,712 (±$196)Higher
Graham6.4 mi$1,356 (±$116)Higher
Haw River6.4 mi$1,270 (±$138)Not measurably different
Whitsett6.6 mi$1,297 (±$470)Not measurably different
Alamance6.8 mi$2,080 (±$370)Higher

Nearby places with a measurably higher figure: Elon, NC ($1,972), Burlington, NC ($1,404), Gibsonville, NC ($1,712).

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

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

RankPlaceMedian monthly cost with a mortgage
5Burlington$1,404 (±$67)
6Green Level$1,390 (±$83)
7Graham$1,356 (±$116)
8Woodlawn$1,313 (±$457)
9Haw River$1,270 (±$138)
10Saxapahaw$1,228 (±$125)
11Glen Raven$1,152 (±$66)
12Ossipee$1,108 (±$277)

Showing 8 of 12 places in Alamance County, ranked from highest to lowest.

Glen Raven is a census-designated place: an unincorporated community the Census Bureau draws for statistics, with no municipal government of its own.

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 Glen Raven

What is the average mortgage payment in Glen Raven?

The Census Bureau publishes total owner costs rather than the mortgage alone: the median for owners with a mortgage in Glen Raven, NC is $1,152 (±$66) a month, including taxes, insurance and utilities.

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

Owners without a mortgage in Glen Raven pay a median of $337 (±$39) a month in taxes, insurance, utilities and fees.

Has the cost of owning a home in Glen Raven gone up?

In Glen Raven, the median monthly cost with a mortgage went from $1,133 in 2015–2019 to $1,152 in 2020–2024 (+1.7%).

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 Glen Raven CDP, North Carolina (place:26460, 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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