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These days, finding an affordable place to live in the 27816 area can be challenging. Home prices in 27816 are now at a median cost of $147,202, lower than the North Carolina average of $323,314.
The average cost of rent is $801/mo in 27816, primarily driven by the current value of real estate in the 27816 area. In 27816, 24.54% of households rent, and 45.39% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 27816 is $3,968 per month. Households that rent pay about 20.18% of their income on rent here. 27816’s most expensive areas are in the southwestern 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
- 27856, NC: higher priced homes
- 27549, NC: higher priced homes
- 27882, NC: higher priced homes
- 27508, NC: higher priced homes
- 27804, NC: higher priced homes
- 27809, NC: higher priced homes
- 27891, NC: less expensive homes
- 27803, NC: higher priced homes
- 27801, NC: less expensive homes
- 27596, NC: higher priced homes
Zip Codes with Similar Populations
- 74342, OK: equally priced homes
- 39653, MS: less expensive homes
- 43001, OH: higher priced homes
- 44633, OH: higher priced homes
- 46068, IN: higher priced homes
- 97753, OR: higher priced homes
- 84654, UT: higher priced homes
- 76035, TX: higher priced homes
- 74347, OK: less expensive homes
- 38603, MS: less expensive homes
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