
Expensive
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These days, finding an affordable place to live in the 27231 area can be challenging. Home prices in 27231 are now at a median cost of $197,878, lower than the North Carolina average of $226,477.
The average cost of rent is $955/mo in 27231, primarily driven by the current value of real estate in the 27231 area. While nearly 33.68% of residents own their homes outright in 27231, 17.49% rent.
Housing affordability isn’t just about home prices, though. The average household income in 27231 is $5,890 per month. Households that rent pay about 16.21% of their income on rent here. 27231's most expensive areas are in the northwestern regions, while the cheapest areas are in the central parts of the zip.
Nearby Zip Codes
- 27541, NC: equally priced homes
- 27243, NC: equally priced homes
- 27314, NC: less expensive homes
- 27302, NC: higher priced homes
- 27278, NC: higher priced homes
- 27258, NC: less expensive homes
- 27583, NC: less expensive homes
- 27217, NC: less expensive homes
- 27572, NC: equally priced homes
- 27712, NC: higher priced homes
Zip Codes with Similar Populations
- 20198, VA: higher priced homes
- 61030, IL: less expensive homes
- 40119, KY: less expensive homes
- 47951, IN: less expensive homes
- 49905, MI: less expensive homes
- 49968, MI: less expensive homes
- 50161, IA: equally priced homes
- 51449, IA: less expensive homes
- 54642, WI: less expensive homes
- 55019, MN: higher priced homes
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