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Affordable
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These days, finding an affordable place to live in the 27847 area can be challenging. Home prices in 27847 are now at a median cost of $64,578, lower than the North Carolina average of $323,314.
The average cost of rent is $1,121/mo in 27847, primarily driven by the current value of real estate in the 27847 area. In 27847, 24.68% of households rent, and 66.09% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 27847 is $4,160 per month. Households that rent pay about 26.94% of their income on rent here. 27847’s most expensive areas are in the southwestern regions, while the cheapest areas are in the central 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
- 27872, NC: equally priced homes
- 27849, NC: equally priced homes
- 27805, NC: higher priced homes
- 27869, NC: higher priced homes
- 27874, NC: higher priced homes
- 27910, NC: higher priced homes
- 27843, NC: higher priced homes
- 27967, NC: less expensive homes
- 27924, NC: higher priced homes
- 27942, NC: higher priced homes
Zip Codes with Similar Populations
- 95230, CA: higher priced homes
- 04774, ME: higher priced homes
- 05439, VT: higher priced homes
- 99557, AK: higher priced homes
- 97901, OR: higher priced homes
- 05873, VT: higher priced homes
- 12930, NY: higher priced homes
- 07976, NJ: higher priced homes
- 12419, NY: higher priced homes
- 68790, NE: higher priced homes
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