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New Report Fall 2026 Housing Affordability Report: every state is less affordable than in late August as average 30-year mortgage rates passed 7%. Read the report

Colerain, NC Housing Affordability Index

Colerain, North Carolina has an MBR Housing Affordability Index score of 236.7 (Highly Affordable) as of October 30, 2026, ranking 6th most affordable of 587 scored North Carolina cities, compared with 104.6 statewide and 97.4 nationally. On a median-priced $145,800 home with 20% down, the North Carolina average 30-year fixed rate of 7.26% means a monthly principal and interest payment of about $796, or 8% of the city’s $118,359 median household income.

The MBR Housing Affordability Index (MBR-HAI) for Colerain is updated every night from live North Carolina mortgage rates and U.S. Census Bureau income, home value and housing cost data for the city. A score of 100 equals the national average; higher scores mean homeownership is more affordable.

Colerain MBR-HAI 236.7 Highly Affordable
Rank in North Carolina 6 of 587 1 = most affordable
North Carolina 104.6 Statewide score
National 97.4 100 = baseline
Avg 30-yr rate 7.26% North Carolina lenders
Median home value $145,800 U.S. Census Bureau

Colerain is 132.1 points above the North Carolina score. Scores as of October 30, 2026. See the North Carolina index

View Colerain Mortgage Rates

What It Takes to Buy in Colerain

$796/mo
Principal & Interest
Median home, 20% down, 7.26%
$34,100
Income Needed
To keep the payment at 28% of income
$118,359
Median Household Income
North Carolina: $72,388
1.2x
Price-to-Income Ratio
North Carolina: 4.0x
$910/mo
Median Owner Costs
Mortgage, taxes, insurance, utilities
$2,176/yr
Median Property Tax
1.49% of median value
10.0%
Owner Cost Burden
Owners spending 30%+ of income on housing
14.3%
Renter Cost Burden
Renters spending 30%+ of income on rent

Source: U.S. Census Bureau American Community Survey 5-Year Estimates (2024) for Colerain, North Carolina. The rate is the North Carolina average 30-year fixed rate from MonitorBankRates, since lenders publish rates by state.

How Colerain Ranks in North Carolina

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Cite the Colerain Score

“MonitorBankRates (MBR) Housing Affordability Index, MonitorBankRates.com, October 30, 2026. Colerain, North Carolina score: 236.7 (Highly Affordable), ranked 6 of 587 North Carolina cities. monitorbankrates.com/housing-affordability-index/north-carolina/colerain”