How much is a home worth in ZIP code 27203?

The typical home in 27203 is worth $204,933, based on the Zillow Home Value Index.

Are home values rising in 27203?

Home values in 27203 are up 1.0% over the past year, and up 6.0% a year over five years.

What is the typical rent in 27203?

A typical home in 27203 rents for about $975 a month, a gross rental yield of 5.7%.

What is the property tax rate in 27203?

The effective property tax rate in 27203 is 0.9% — roughly $1,822 a year on a typical home.

ZIP code 27203 has a population of 23,224 and a median household income of $46,336.

HousingHandbookReference data

…

U.S. ZIP Code · NC27203

Randolph County · Greensboro-High Point, NC

Typical home value

$204,933^[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year: +1.0%
5-year / yr: +6.0%
10-year / yr: +7.2%

Relative price

vs U.S.: -27.9%
vs metro: -21.9%
vs state: -28.0%

Price history

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

The typical home in 27203 is worth $204,933 — 21.9% below the Greensboro-High Point, NC median. Over the past year, values have risen 1.0%. Homes here rent for a typical $975 a month — a 5.7% gross rental yield. The effective property tax rate is 0.9%.

#Rent & investment

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

Monthly rent: $975^[2]
Gross yield: 5.7%^[2]
Cap rate: 3.4%^[2]

#Property tax

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

Effective tax rate: 0.9%^[3]
Typical annual tax: $1,822^[3]

#Climate risk

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

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

#Who lives here

Population: 23,224^[3]
Median household income: $46,336^[3]

#Migration

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

Net migration: +297^[5]
Moved in: 3,272
Moved out: 2,975

Schools

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

Public schools: 7
Elementary: 4
Middle: 2
High: 1

Asheboro High
High · Grades 9–12 · Asheboro City Schools
1,326 students
Balfour Elementary
Elementary · Grades PK–5 · Asheboro City Schools
536 students
South Asheboro Middle
Middle · Grades 6–8 · Asheboro City Schools
505 students
North Asheboro Middle
Middle · Grades 6–8 · Asheboro City Schools
503 students
Lindley Park Elementary
Elementary · Grades K–5 · Asheboro City Schools
422 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 yield5.7%

Net yield (after ~40% expenses)3.4%

Annual rent$11,703

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$1,036

Loan principal$163,947

Down payment$40,987

Total interest paid$209,105

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 ratio1.39

Monthly cost to own$1,359

Monthly rent$975

Renting is meaningfully cheaper month-to-month.

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: 65th percentile^[1]
Rental yield: 26th percentile^[2]
Property tax: 85th percentile^[3]

Frequently asked

How much is a home worth in ZIP code 27203?: The typical home in 27203 is worth $204,933, based on the Zillow Home Value Index.
Are home values rising in 27203?: Home values in 27203 are up 1.0% over the past year, and up 6.0% a year over five years.
What is the typical rent in 27203?: A typical home in 27203 rents for about $975 a month, a gross rental yield of 5.7%.
What is the property tax rate in 27203?: The effective property tax rate in 27203 is 0.9% — roughly $1,822 a year on a typical home.
Who lives in 27203?: ZIP code 27203 has a population of 23,224 and a median household income of $46,336.

#Comparable ZIPs

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

27341 vs 27203 →
Seagrove, NC
Typical home
$203,736
Gross yield
—
27409 vs 27203 →
Greensboro, NC
Typical home
$208,087
Gross yield
8.5%
27326
Ruffin CDP, NC
Typical home
$209,465
Gross yield
—
27320
Reidsville, NC
Typical home
$210,603
Gross yield
5.4%
27048
Stoneville, NC
Typical home
$211,011
Gross yield
—
27262
High Point, NC
Typical home
$214,130
Gross yield
7.1%

Want similar ZIPs from outside this metro? Browse nationally similar ZIPs →

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Pit ZIP 27203 against any other ZIP — full side-by-side table.

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#Jump to section

U.S. ZIP Code · NC27203

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