Much like other places in this area, it's a lot less expensive compared to the country as a whole. It's substantially less expensive compared to the city of Raleigh.
Home prices
The median home price in Tar Heel is $97,500. It is roughly $1,780 (1%) lower compared to the surrounding areas.Compared to the nation as a whole it is about $120,000 (55%) lower, and in comparison to the city of Raleigh is roughly $150,800 (60%) lower.
Rents
Tar Heel's median monthly rent is $588. This is roughly $54 (8%) lower in comparison to nearby areas.Compared to the nation as a whole it is roughly $474 (44%) lower, and in comparison to the city of Raleigh is roughly $533 (47%) lower.
Nearby places
Dublin
Dublin is about 6 miles southeast from Tar Heel. Its real estate prices are a bit more expensive. The median home cost in Dublin is $120,200, which comes out to $22,700 (18%) higher than Tar Heel. Its rents are a little more expensive. Dublin's median rent is $657 per month, which works out to $69 (10%) higher than Tar Heel.
St. Pauls
St. Pauls is about 10 miles northwest of Tar Heel. The housing prices there are somewhat less expensive. St. Pauls's median home value is $81,100, which is $16,400 (20%) lower than Tar Heel. Rent there is a little more expensive. In St. Pauls the median rent is $630 per month, which works out to $42 (6%) higher than Tar Heel.
Elizabethtown
Elizabethtown is roughly 12 miles southeast from Tar Heel. The housing prices there are a bit more expensive. The median home in Elizabethtown costs $120,500, which comes out to $23,000 (19%) higher than Tar Heel. The rent there is a little less expensive. Elizabethtown's median rent is $557 per month, which works out to $31 (5%) lower than Tar Heel.
Lumberton
Lumberton is about 13 miles southwest from Tar Heel. The housing prices there are a bit more expensive. The median home in Lumberton costs $109,800, which is $12,300 (11%) higher than Tar Heel. The rent there is a little more expensive. The median rent in Lumberton is $694 per month, which comes out to $106 (15%) higher than Tar Heel.
Bladenboro
Bladenboro is about 14 miles south from Tar Heel. Real estate prices there are significantly less expensive. The cost of the median home in Bladenboro is $64,800, which comes out to $32,700 (50%) lower than Tar Heel. Rent there is a little more expensive. The median rent in Bladenboro is $673 a month, which is $85 (12%) higher than Tar Heel.
