North Carolina · as of September 2026
What counts as luxury real estate in North Carolina
The convention this site uses
In North Carolina, this site treats homes at $1M and above as luxury. That is our own fixed band, set so the covered markets are the ones where the top of the market actually trades at that level. It is not a loan limit and it is not a median; the medians below are the middle of each market, and luxury inventory trades well above them. The rule and its reasoning are on the methodology page.
North Carolina's luxury markets by home value
Zillow Home Value Index, typical middle-tier home, latest month.
| Market | Median value | Ranked agents |
|---|---|---|
| Wrightsville Beach | $1,773,000 | 10 |
| Cashiers | $1,441,000 | 10 |
| Bald Head Island | $1,418,000 | 10 |
| Highlands | $1,063,000 | 10 |
| Cary | $490,000 | 10 |
| Chapel Hill | $475,000 | 10 |
| Asheville | $410,000 | 10 |
| Raleigh | $405,000 | 10 |
| Charlotte | $375,000 | 10 |
| Wilmington | $375,000 | 10 |
| Cornelius | $252,000 | 10 |
What changes at this price in North Carolina
Each fact links to the statute or agency that says so. Facts we could not verify against an official source are left out rather than guessed.
- Transfer and mansion taxes
- North Carolina charges an excise tax on deeds of $1.00 per $500 of price (0.2 percent), paid by the seller. Seven northeastern counties, including Currituck and Dare on the Outer Banks, add a 1 percent land transfer tax. Source
- Agency and dual agency
- North Carolina permits dual agency, including designated dual agency, only with the written consent of both buyer and seller, and licensees must review the Working With Real Estate Agents disclosure at first substantial contact. Source
- Seller disclosure
- North Carolina sellers of residential property must deliver the Residential Property and Owners' Association Disclosure Statement before an offer is made, and the form allows the seller to answer No Representation on each item. Source
- State estate or inheritance tax
- North Carolina levies no state estate tax and no inheritance tax, so only the federal estate tax applies to a large estate. The North Carolina estate tax was repealed for deaths on or after January 1, 2013. Source