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Concord city, NC

ZIP 28027 — Housing & Real Estate

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

Middle ClassLarge CommunityLow Snow AreaRemote Work Hub

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 28027

Median Home Value
$341,900
Median Rent
$1,236
Affordability Snapshot
$94,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$2,196/mo PITI).

17%
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.

23.1 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 28027 in Concord city, NC, a household would need roughly $94,000 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 $2,196. That is roughly in line with the local median household income ($89,101). Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Vacancy rate 12% — check local market conditions.

Heating Fuel
Housing Metrics
Owner Occupied
65.8%+1% vs US avg
x
Vacancy Rate
12.1%+17% vs US avg
x
Broadband Access
93.2%+7% vs US avg
x
4+ Bedrooms
9.3%-37% vs US avg
x
Built Pre-1939
2.6%-80% vs US avg
x
Built Post-2014
2.8%-59% vs US avg
x
Rent Burden >30%
18.2%-63% vs US avg
x
Mortgage-Free
29.8%-22% vs US avg
x
$341,900
Home Value
$1,236
Rent
2000
Year Built
2015
Moved In

Residents have lived here since ~2015 on average

Housing Structure

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

  • 1-unit detached67.4%
  • 1-unit attached3.3%
  • 2-9 units8.4%
  • 10+ units16.5%
  • Mobile home & other4.4%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$341,900
Median rent$1,236
Owner-occupied65.8%
Vacant12.1%
Price-to-income3.8x
Est. income to buy$94,000