Mortgage Rates in Statesville, North Carolina — March 2026
Updated March 2026 | Based on Statesville market data and regional lending conditions
Statesville is a growing city in North Carolina with a population of 27,528. The current 30-year fixed mortgage rate in Statesville is 6.21%, which is 0.44% below the national average. With a median home price of $265,000 and a 20% down payment of $53,000, homebuyers can expect a monthly principal and interest payment of approximately $1,300.
Current Mortgage Rates in Statesville, NC
Below are the current average mortgage rates available in the Statesville area as of March 2026. Rates vary by lender, credit score, and loan-to-value ratio. Use our free calculator above to see your personalized estimate.
| Loan Type | Rate | National Avg | Difference |
|---|---|---|---|
| 30-Year Fixed | 6.21% | 6.65% | -0.44% |
| 15-Year Fixed | 5.45% | 5.89% | -0.44% |
| 5/1 ARM | 5.71% | 6.15% | -0.44% |
| FHA | 5.81% | 6.25% | -0.44% |
| VA | 5.61% | 6.05% | -0.44% |
| Jumbo | 6.41% | 6.85% | -0.44% |
Statesville Housing Market Overview
The Statesville housing market offers relatively affordable housing compared to many major cities. The median household income in Statesville is $45,000, and the cost of living index is 88 (national average = 100). Based on the 28% affordability rule, you would need an income of approximately $62,914 to comfortably afford the median-priced home in Statesville, which exceeds the current median household income.
Monthly Payment Breakdown for Statesville
Based on the median home price of $265,000 with 20% down ($53,000), here is what you can expect to pay monthly in Statesville:
15-Year vs. 30-Year Mortgage in Statesville
Choosing a 15-year mortgage in Statesville at 5.45% instead of a 30-year at 6.21% would save you $157,140 in total interest over the life of the loan. However, your monthly payment would be $1,727 instead of $1,300 — an increase of $427 per month.
Calculate Your Statesville Mortgage Payment
Use our free calculator to get a personalized estimate based on your loan amount, interest rate, and term.
Open Free CalculatorFrequently Asked Questions About Mortgages in Statesville
What are the current mortgage rates in Statesville, NC?
As of March 2026, the average 30-year fixed mortgage rate in Statesville, North Carolina is 6.21%, while the 15-year fixed rate is 5.45%. FHA loans average 5.81% and VA loans 5.61%. These rates are 0.44% below the national average of 6.65%.
How much is a monthly mortgage payment in Statesville?
Based on the median home price of $265,000 with 20% down, the estimated monthly mortgage payment in Statesville is $1,300 for principal and interest. Including property taxes of $168/month, the total monthly housing cost is approximately $1,468.
What income do I need to buy a home in Statesville?
Using the 28% rule, you would need an annual income of approximately $62,914 to afford the median-priced home in Statesville at $265,000. The median household income in Statesville is $45,000. This means most households would need to either earn above the median or consider homes below $265,000.
Is Statesville a good place to buy a home in 2026?
Statesville offers a below-average cost of living with a cost of living index of 88 (national average = 100). The property tax rate in North Carolina is 0.76%, which is below the national average. Statesville has a population of 27,528 and offers a very affordable lifestyle.
Mortgage Rates in Other North Carolina Cities
Related Tools & Guides
Last updated: March 2026. Rates are approximate averages based on regional lending data for the Statesville, North Carolina area. Individual rates may vary by lender, credit score, loan amount, and other factors. Use our free calculator for a personalized estimate.