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These days, finding an affordable place to live in the 27842 area can be challenging. Home prices in 27842 are now at a median cost of $447,462, higher than the North Carolina average of $323,314.
The average cost of rent is $946/mo in 27842, primarily driven by the current value of real estate in the 27842 area. In 27842, 6.48% of households rent, and 52.42% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 27842 is $7,506 per month. Households that rent pay about 12.60% of their income on rent here. 27842’s most expensive areas are in the central regions, while the cheapest areas are in the eastern 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
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Zip Codes with Similar Populations
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