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ZIP 27620 — Housing & Real Estate

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

Working Class

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 27620

Median Home Value
$424,700
Median Rent
$986
Affordability Snapshot
$117,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$2,728/mo PITI).

33%
Rent-to-Income Ratio

Above the 30% affordability threshold — housing cost-burdened area.

11.9x
Home Price-to-Income Ratio

Well above the 3-5x guideline — challenging for first-time buyers.

35.9 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 27620, a household would need roughly $117,000 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 $2,728. That is about 229% above the local median household income ($35,610), so the median earner would likely stretch or need a larger down payment. Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Vacancy rate 11% — check local market conditions.

Heating Fuel
Housing Metrics
Owner Occupied
13.3%-80% vs US avg
x
Vacancy Rate
10.8%+5% vs US avg
x
Broadband Access
87.7%+1% vs US avg
x
4+ Bedrooms
0.0%
x
Built Pre-1939
1.1%-92% vs US avg
x
Built Post-2014
0.0%
x
Rent Burden >30%
34.5%-31% vs US avg
x
Mortgage-Free
23.4%-39% vs US avg
x
$424,700
Home Value
$986
Rent
1977
Year Built
2018
Moved In

Residents have lived here since ~2018 on average

Housing Structure

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

  • 1-unit detached10.7%
  • 1-unit attached1.6%
  • 2-9 units41.8%
  • 10+ units45.9%
  • Mobile home & other0.0%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$424,700
Median rent$986
Owner-occupied13.3%
Vacant10.8%
Price-to-income11.9x
Est. income to buy$117,000