How much is a home worth in ZIP code 27127?

The typical home in 27127 is worth $260,293, based on the Zillow Home Value Index.

Are home values rising in 27127?

Home values in 27127 are up 1.4% over the past year, and up 6.6% a year over five years.

What is the typical rent in 27127?

A typical home in 27127 rents for about $1,661 a month, a gross rental yield of 7.7%.

What is the property tax rate in 27127?

The effective property tax rate in 27127 is 0.7% — roughly $1,780 a year on a typical home.

ZIP code 27127 has a population of 41,443 and a median household income of $61,926.

HousingHandbookReference data

…

U.S. ZIP Code · NC27127

Forsyth County · Winston-Salem, NC

Typical home value

$260,293^[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year: +1.4%
5-year / yr: +6.6%
10-year / yr: +7.6%

Relative price

vs U.S.: -8.4%
vs metro: -2.0%
vs state: -8.5%

Price history

Zillow Home Value Index — monthly, smoothed and seasonally adjusted.

The typical home in 27127 is worth $260,293 — 2.0% below the Winston-Salem, NC median. Over the past year, values have risen 1.4%. Homes here rent for a typical $1,661 a month — a 7.7% gross rental yield. The effective property tax rate is 0.7%.

#Rent & investment

Typical asking rent, and the returns it implies at the current home value.

Monthly rent: $1,661^[2]
Gross yield: 7.7%^[2]
Cap rate: 4.6%^[2]

#Property tax

Effective rate — total real estate taxes paid relative to total home value.

Effective tax rate: 0.7%^[3]
Typical annual tax: $1,780^[3]

#Climate risk

FEMA National Risk Index ratings for Forsyth County. "Not Applicable" means the hazard does not threaten the county.

Overall risk: Relatively Moderate^[4]
Riverine flood: Relatively High
Coastal flood: Not Applicable
Wildfire: Very Low
Drought: Relatively Low
Heat wave: Relatively Moderate
Hurricane: Relatively Moderate
Tornado: Relatively High
Earthquake: Relatively Low
Winter weather: Relatively High

#Who lives here

Population: 41,443^[3]
Median household income: $61,926^[3]

#Migration

Household moves in and out of Forsyth County over a year, from IRS tax-return data.

Net migration: +504^[5]
Moved in: 10,963
Moved out: 10,459

Schools

Open public schools in this ZIP, from the NCES Common Core of Data.

Public schools: 9
Elementary: 4
Middle: 3
High: 1

Parkland High
High · Grades 9–12 · Winston Salem / Forsyth County Schools
1,638 students
Clemmons Middle School
Middle · Grades 6–8 · Winston Salem / Forsyth County Schools
1,149 students
Flat Rock Middle
Middle · Grades 6–8 · Winston Salem / Forsyth County Schools
703 students
Konnoak Elementary
Elementary · Grades PK–5 · Winston Salem / Forsyth County Schools
592 students
Griffith Elementary
Elementary · Grades PK–5 · Winston Salem / Forsyth County Schools
583 students

Run the numbers

Interactive calculators pre-filled with this ZIP's typical home value, rent, and property-tax rate. Edit any field to recompute.

Home value$Monthly rent$

Gross yield7.7%

Net yield (after ~40% expenses)4.6%

Annual rent$19,937

Gross and net yield are estimates based on the inputs and the selected expense ratio. Actual income and expenses will vary by property and market. Not investment advice.

Home price$Down payment%Interest rate%Loan termyears

Monthly payment$1,316

Loan principal$208,235

Down payment$52,059

Total interest paid$265,592

Estimated monthly payments include principal and interest only. Actual costs will include property tax, insurance, possibly PMI, and HOA fees not modeled here. Loan terms shown are estimates; consult a licensed lender for current rates and qualification.

Home price$Monthly rent$Down payment%Mortgage rate%Property tax rate% / yrMaintenance% / yrRule of thumb: 1% of home value per year.

Own : rent ratio1.01

Monthly cost to own$1,681

Monthly rent$1,661

Owning and renting are roughly even.

This calculator projects multi-year scenarios based on assumptions about appreciation, rent growth, and investment returns — none of which are guaranteed. Actual outcomes depend on variables this tool cannot know. Not financial or real estate advice.

#Metro ranking

Where this ZIP sits among others in its metro area.

Appreciation: 71st percentile^[1]
Rental yield: 64th percentile^[2]
Property tax: 63rd percentile^[3]

Frequently asked

How much is a home worth in ZIP code 27127?: The typical home in 27127 is worth $260,293, based on the Zillow Home Value Index.
Are home values rising in 27127?: Home values in 27127 are up 1.4% over the past year, and up 6.6% a year over five years.
What is the typical rent in 27127?: A typical home in 27127 rents for about $1,661 a month, a gross rental yield of 7.7%.
What is the property tax rate in 27127?: The effective property tax rate in 27127 is 0.7% — roughly $1,780 a year on a typical home.
Who lives in 27127?: ZIP code 27127 has a population of 41,443 and a median household income of $61,926.

#Comparable ZIPs

Same metro, nearest typical home value. Each card shows the comparable ZIP's headline numbers so you can scan at a glance.

27239 vs 27127 →
Denton, NC
Typical home
$260,886
Gross yield
—
27022 vs 27127 →
NC
Typical home
$256,518
Gross yield
—
27299
Tyro CDP, NC
Typical home
$264,121
Gross yield
—
27053
NC
Typical home
$254,433
Gross yield
—
27018
Smithtown CDP, NC
Typical home
$267,337
Gross yield
—
27051
Walkertown, NC
Typical home
$267,672
Gross yield
—

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#Jump to section

U.S. ZIP Code · NC27127

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