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Bailey town, NC

ZIP 27807 — Housing & Real Estate

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

Middle ClassLow Snow Area

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 27807

Median Home Value
$142,900
Median Rent
$584
Affordability Snapshot
$39,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$918/mo PITI).

10%
Rent-to-Income Ratio

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

2.1x
Home Price-to-Income Ratio

Below 3x — relatively affordable housing market.

20.4 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 27807 in Bailey town, NC, a household would need roughly $39,000 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 $918. That sits below the local median household income ($67,563), suggesting the typical household income is closer to a workable buy-in level under these assumptions. 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
79.3%+21% vs US avg
x
Vacancy Rate
11.3%+10% vs US avg
x
Broadband Access
82.6%-5% vs US avg
x
4+ Bedrooms
0.6%-96% vs US avg
x
Built Pre-1939
1.4%-89% vs US avg
x
Built Post-2014
1.7%-76% vs US avg
x
Rent Burden >30%
9.2%-82% vs US avg
x
Mortgage-Free
45.9%+20% vs US avg
x
$142,900
Home Value
$584
Rent
1986
Year Built
2010
Moved In

Residents have lived here since ~2010 on average

Housing Structure

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

  • 1-unit detached66.7%
  • 1-unit attached0.5%
  • 2-9 units0.9%
  • 10+ units0.3%
  • Mobile home & other31.6%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$142,900
Median rent$584
Owner-occupied79.3%
Vacant11.3%
Price-to-income2.1x
Est. income to buy$39,000