Total monthly cost of ownership
Cost to Own a Home in Southern Pines, North Carolina
A $416,000 home here costs
$3,070per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $2,139. The real number is $932 higher every month — 44% more than the payment most buyers budget for.
Where every dollar goes
Only the first line is a mortgage payment. Change any assumption above and every figure below recalculates.
Southern Pines against Moore County and North Carolina
| Measure | Southern Pines | Moore County |
|---|---|---|
| Median home value | $416,300 | $315,300 |
| Median property tax | $2,768 | $1,784 |
| Effective tax rate | 0.665% | 0.566% |
| Median gross rent | $1,215 | $1,181 |
| Population | 16,052 | 102,840 |
The weather behind that power bill
Southern Pines sits in Moore County, which averages a high of 90.3°F in its hottest month and a low of 30.6°F in its coldest, with 47.81" of precipitation a year and 32% of it in a single three-month stretch. That climate drives 1,641 cooling and 3,172 heating degree days, which is what sets the $136 electricity line above.
See the full climate breakdown for Moore County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Moore County
Full Moore County cost breakdown · Every county in North Carolina
Common questions
How much does it cost to own a home in Southern Pines?
A $416,000 home in Southern Pines, North Carolina costs approximately $3,070 per month with 20% down at 6.66%. That is $2,139 principal and interest, $231 property tax, $151 homeowners insurance, $204 utilities and $347 set aside for maintenance.
What is the property tax rate in Southern Pines?
Southern Pines has an effective property tax rate of 0.665%, based on a median home value of $416,300 and median real estate taxes of $2,768. That is higher than the Moore County average of 0.566%.
What is the average home price in Southern Pines?
The median owner-occupied home value in Southern Pines, North Carolina is $416,300, against $315,300 across Moore County.
Is it cheaper to rent or buy in Southern Pines?
Median gross rent in Southern Pines is $1,215 a month, against $3,070 to own the median home all in. Renting costs less month to month here, though renting builds no equity.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for Southern Pines — US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
- Homeowners insurance — NAIC average premium for North Carolina.
- Electricity price — EIA Electric Power Monthly Table 5.6.A.
- Mortgage rate — Freddie Mac PMMS, refreshed weekly.
- Maintenance (1%/yr) and water and sewer ($68/mo) are national estimates. Every assumption above is editable.