US5.com
  1. Home
  2. States
  3. ZIP 27702
  4. Housing & Real Estate
,

ZIP 27702 — 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 27702

Median Home Value
$564,500
Median Rent
$1,691
Affordability Snapshot
$155,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$3,626/mo PITI).

22%
Rent-to-Income Ratio

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

6.2x
Home Price-to-Income Ratio

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

27.8 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 27702, a household would need roughly $155,000 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 $3,626. That is about 69% above the local median household income ($91,563), 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 12% — check local market conditions.

Heating Fuel
Housing Metrics
Owner Occupied
24.6%-62% vs US avg
x
Vacancy Rate
12.0%+17% vs US avg
x
Broadband Access
95.1%+9% vs US avg
x
4+ Bedrooms
1.2%-92% vs US avg
x
Built Pre-1939
7.3%-43% vs US avg
x
Built Post-2014
9.1%+31% vs US avg
x
Rent Burden >30%
18.8%-62% vs US avg
x
Mortgage-Free
44.2%+16% vs US avg
x
$564,500
Home Value
$1,691
Rent
2011
Year Built
2020
Moved In

Residents have lived here since ~2020 on average

Housing Structure

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

  • 1-unit detached10.2%
  • 1-unit attached0.7%
  • 2-9 units8.1%
  • 10+ units81.0%
  • Mobile home & other0.0%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$564,500
Median rent$1,691
Owner-occupied24.6%
Vacant12.0%
Price-to-income6.2x
Est. income to buy$155,000