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These days, finding an affordable place to live in the 27407 area can be challenging. Home prices in 27407 are now at a median cost of $244,331, lower than the North Carolina average of $323,314.
The average cost of rent is $1,285/mo in 27407, primarily driven by the current value of real estate in the 27407 area. In 27407, 51.37% of households rent, and 36.42% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 27407 is $5,756 per month. Households that rent pay about 22.33% of their income on rent here. 27407’s most expensive areas are in the western regions, while the cheapest areas are in the northeastern parts of the zip.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Zip Codes
- 27403, NC: equally priced homes
- 27409, NC: less expensive homes
- 27282, NC: higher priced homes
- 27412, NC: equally priced homes
- 27406, NC: less expensive homes
- 27410, NC: higher priced homes
- 27408, NC: higher priced homes
- 27401, NC: less expensive homes
- 27265, NC: higher priced homes
- 27260, NC: less expensive homes
Zip Codes with Similar Populations
- 10028, NY: higher priced homes
- 19709, DE: higher priced homes
- 19380, PA: higher priced homes
- 15301, PA: less expensive homes
- 14094, NY: less expensive homes
- 11237, NY: higher priced homes
- 11101, NY: higher priced homes
- 10459, NY: higher priced homes
- 10033, NY: higher priced homes
- 08540, NJ: higher priced homes
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