How much is a home worth in ZIP code 27215?

The typical home in 27215 is worth $298,220, based on the Zillow Home Value Index.

Are home values rising in 27215?

Home values in 27215 are up 1.4% over the past year, and up 7.1% a year over five years.

What is the typical rent in 27215?

A typical home in 27215 rents for about $1,327 a month, a gross rental yield of 5.3%.

What is the property tax rate in 27215?

The effective property tax rate in 27215 is 0.8% — roughly $2,320 a year on a typical home.

ZIP code 27215 has a population of 47,102 and a median household income of $68,825.

HousingHandbookReference data

…

U.S. ZIP Code · NC27215

Alamance County · Burlington, NC

Typical home value

$298,220^[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year: +1.4%
5-year / yr: +7.1%
10-year / yr: +7.0%

Relative price

vs U.S.: +5.0%
vs metro: -5.3%
vs state: +4.8%

Price history

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

The typical home in 27215 is worth $298,220 — 5.3% below the Burlington, NC median. Over the past year, values have risen 1.4%. Homes here rent for a typical $1,327 a month — a 5.3% gross rental yield. The effective property tax rate is 0.8%.

#Rent & investment

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

Monthly rent: $1,327^[2]
Gross yield: 5.3%^[2]
Cap rate: 3.2%^[2]

#Property tax

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

Effective tax rate: 0.8%^[3]
Typical annual tax: $2,320^[3]

#Climate risk

FEMA National Risk Index ratings for Alamance 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: 47,102^[3]
Median household income: $68,825^[3]

#Migration

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

Net migration: +975^[5]
Moved in: 5,518
Moved out: 4,543

Schools

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

Public schools: 8
Elementary: 6
Middle: 1
High: 1

Walter M Williams High
High · Grades 9–12 · Alamance-Burlington Schools
1,215 students
Turrentine Middle
Middle · Grades 6–8 · Alamance-Burlington Schools
687 students
Highland Elementary
Elementary · Grades K–5 · Alamance-Burlington Schools
630 students
Marvin B Smith Elementary
Elementary · Grades PK–5 · Alamance-Burlington Schools
545 students
Hillcrest Elementary
Elementary · Grades PK–5 · Alamance-Burlington Schools
522 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 yield5.3%

Net yield (after ~40% expenses)3.2%

Annual rent$15,919

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$1,508

Loan principal$238,576

Down payment$59,644

Total interest paid$304,291

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 ratio1.47

Monthly cost to own$1,950

Monthly rent$1,327

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: 17th percentile^[1]
Rental yield: 0th percentile^[2]
Property tax: 100th percentile^[3]

Frequently asked

How much is a home worth in ZIP code 27215?: The typical home in 27215 is worth $298,220, based on the Zillow Home Value Index.
Are home values rising in 27215?: Home values in 27215 are up 1.4% over the past year, and up 7.1% a year over five years.
What is the typical rent in 27215?: A typical home in 27215 rents for about $1,327 a month, a gross rental yield of 5.3%.
What is the property tax rate in 27215?: The effective property tax rate in 27215 is 0.8% — roughly $2,320 a year on a typical home.
Who lives in 27215?: ZIP code 27215 has a population of 47,102 and a median household income of $68,825.

#Comparable ZIPs

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

27253 vs 27215 →
Graham, NC
Typical home
$303,885
Gross yield
6.2%
27349 vs 27215 →
NC
Typical home
$314,910
Gross yield
—
27244
Elon, NC
Typical home
$318,384
Gross yield
—
27258
Haw River, NC
Typical home
$326,101
Gross yield
6.8%
27302
Mebane, NC
Typical home
$354,813
Gross yield
5.5%
27217
Burlington, NC
Typical home
$226,429
Gross yield
7.2%

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

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Pit ZIP 27215 against any other ZIP — full side-by-side table.

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#Jump to section

U.S. ZIP Code · NC27215

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