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Broadway town, NC

ZIP 27505 — 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 27505

Median Home Value
$190,900
Median Rent
$708
Affordability Snapshot
$53,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$1,226/mo PITI).

11%
Rent-to-Income Ratio

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

2.5x
Home Price-to-Income Ratio

Below 3x — relatively affordable housing market.

22.5 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 27505 in Broadway town, NC, a household would need roughly $53,000 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 $1,226. That sits below the local median household income ($77,629), 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

Owner-occupied majority; balanced tenure mix.

Heating Fuel
Housing Metrics
Owner Occupied
70.0%+7% vs US avg
x
Vacancy Rate
9.8%-5% vs US avg
x
Broadband Access
77.5%-11% vs US avg
x
4+ Bedrooms
1.4%-91% vs US avg
x
Built Pre-1939
3.1%-76% vs US avg
x
Built Post-2014
1.6%-76% vs US avg
x
Rent Burden >30%
25.1%-50% vs US avg
x
Mortgage-Free
41.1%+8% vs US avg
x
$190,900
Home Value
$708
Rent
1996
Year Built
2012
Moved In

Residents have lived here since ~2012 on average

Housing Structure

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

  • 1-unit detached58.1%
  • 1-unit attached1.4%
  • 2-9 units2.6%
  • 10+ units0.0%
  • Mobile home & other37.8%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$190,900
Median rent$708
Owner-occupied70.0%
Vacant9.8%
Price-to-income2.5x
Est. income to buy$53,000