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, NC

ZIP 27231 — Housing & Real Estate

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Working ClassLow Snow Area

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 27231

Median Home Value
$217,300
Median Rent
$702
Affordability Snapshot
$60,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$1,396/mo PITI).

15%
Rent-to-Income Ratio

Below the 30% threshold — generally affordable for median earners.

3.8x
Home Price-to-Income Ratio

Within the typical 3-5x range for home affordability.

25.8 yrs
Price-to-Rent Ratio

Years to break even buying vs renting at median home value and rent.

To comfortably buy a median-priced home in ZIP 27231 in NC, a household would need roughly $60,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $1,396. That is roughly in line with the local median household income ($57,159). Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Owner-occupied majority; balanced tenure mix.

Heating Fuel
Housing Metrics
Owner Occupied
79.7%+22% vs US avg
x
Vacancy Rate
9.4%-9% vs US avg
x
Broadband Access
80.0%-8% vs US avg
x
4+ Bedrooms
1.1%-93% vs US avg
x
Built Pre-1939
2.1%-84% vs US avg
x
Built Post-2014
1.1%-84% vs US avg
x
Rent Burden >30%
15.8%-68% vs US avg
x
Mortgage-Free
44.1%+15% vs US avg
x
$217,300
Home Value
$702
Rent
1984
Year Built
2009
Moved In

Residents have lived here since ~2009 on average

Housing Structure

Census ACS structure types (single-family, multi-unit, etc.).

  • 1-unit detached71.3%
  • 1-unit attached0.1%
  • 2-9 units0.0%
  • 10+ units3.2%
  • Mobile home & other25.5%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$217,300
Median rent$702
Owner-occupied79.7%
Vacant9.4%
Price-to-income3.8x
Est. income to buy$60,000