US5.com
  1. Home
  2. States
  3. ZIP 27588
  4. Housing & Real Estate
,

ZIP 27588 — Housing & Real Estate

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

Middle ClassRemote Work Hub

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 27588

Median Home Value
$411,100
Median Rent
$913
Affordability Snapshot
$113,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$2,641/mo PITI).

17%
Rent-to-Income Ratio

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

6.3x
Home Price-to-Income Ratio

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

37.5 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 27588, a household would need roughly $113,000 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 $2,641. That is about 73% above the local median household income ($65,417), 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

Owner-occupied majority; balanced tenure mix.

Heating Fuel
Housing Metrics
Owner Occupied
76.0%+16% vs US avg
x
Vacancy Rate
8.7%-16% vs US avg
x
Broadband Access
97.9%+13% vs US avg
x
4+ Bedrooms
15.3%+3% vs US avg
x
Built Pre-1939
2.1%-84% vs US avg
x
Built Post-2014
1.2%-83% vs US avg
x
Rent Burden >30%
25.6%-49% vs US avg
x
Mortgage-Free
32.3%-15% vs US avg
x
$411,100
Home Value
$913
Rent
2003
Year Built
2014
Moved In

Residents have lived here since ~2014 on average

Housing Structure

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

  • 1-unit detached60.7%
  • 1-unit attached20.2%
  • 2-9 units5.9%
  • 10+ units8.1%
  • Mobile home & other5.1%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$411,100
Median rent$913
Owner-occupied76.0%
Vacant8.7%
Price-to-income6.3x
Est. income to buy$113,000