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Affordable
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These days, finding an affordable place to live in the 27408 area can be challenging. Home prices in 27408 are now at a median cost of $427,329, higher than the North Carolina average of $323,314.
The average cost of rent is $1,394/mo in 27408, primarily driven by the current value of real estate in the 27408 area. In 27408, 28.07% of households rent, and 35.51% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 27408 is $8,918 per month. Households that rent pay about 15.64% of their income on rent here. 27408’s most expensive areas are in the eastern regions, while the cheapest areas are in the northwestern 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
- 27412, NC: less expensive homes
- 27403, NC: less expensive homes
- 27401, NC: less expensive homes
- 27455, NC: less expensive homes
- 27405, NC: less expensive homes
- 27410, NC: less expensive homes
- 27407, NC: less expensive homes
- 27409, NC: less expensive homes
- 27406, NC: less expensive homes
- 27301, NC: less expensive homes
Zip Codes with Similar Populations
- 04073, ME: less expensive homes
- 07081, NJ: higher priced homes
- 11798, NY: higher priced homes
- 12054, NY: less expensive homes
- 55398, MN: less expensive homes
- 70447, LA: less expensive homes
- 67042, KS: less expensive homes
- 61104, IL: less expensive homes
- 61102, IL: less expensive homes
- 60445, IL: less expensive homes
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