How much is a home worth in ZIP code 27302?

The typical home in 27302 is worth $354,813, based on the Zillow Home Value Index.

Are home values rising in 27302?

Home values in 27302 are down 0.2% over the past year, and up 6.2% a year over five years.

What is the typical rent in 27302?

A typical home in 27302 rents for about $1,626 a month, a gross rental yield of 5.5%.

What is the property tax rate in 27302?

The effective property tax rate in 27302 is 0.7% — roughly $2,497 a year on a typical home.

ZIP code 27302 has a population of 35,418 and a median household income of $79,819.

HousingHandbookReference data

…

U.S. ZIP Code · NC27302

Alamance County · Burlington, NC

Typical home value

$354,813^[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year: -0.2%
5-year / yr: +6.2%
10-year / yr: +6.7%

Relative price

vs U.S.: +24.9%
vs metro: +12.7%
vs state: +24.7%

Price history

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

The typical home in 27302 is worth $354,813 — 12.7% above the Burlington, NC median. Over the past year, values have fallen 0.2%. Homes here rent for a typical $1,626 a month — a 5.5% 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: $1,626^[2]
Gross yield: 5.5%^[2]
Cap rate: 3.3%^[2]

#Property tax

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

Effective tax rate: 0.7%^[3]
Typical annual tax: $2,497^[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: 35,418^[3]
Median household income: $79,819^[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: 7
Elementary: 4
Middle: 2
High: 1

Eastern Alamance High
High · Grades 9–12 · Alamance-Burlington Schools
1,122 students
Hawfields Middle
Middle · Grades 6–8 · Alamance-Burlington Schools
822 students
Woodlawn Middle
Middle · Grades 6–8 · Alamance-Burlington Schools
739 students
Audrey W. Garrett Elementary
Elementary · Grades PK–5 · Alamance-Burlington Schools
666 students
South Mebane Elementary
Elementary · Grades K–5 · Alamance-Burlington Schools
547 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 yield5.5%

Net yield (after ~40% expenses)3.3%

Annual rent$19,512

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$1,794

Loan principal$283,850

Down payment$70,963

Total interest paid$362,036

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 ratio1.41

Monthly cost to own$2,297

Monthly rent$1,626

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: 0th percentile^[1]
Rental yield: 25th percentile^[2]
Property tax: 83rd percentile^[3]

Frequently asked

How much is a home worth in ZIP code 27302?: The typical home in 27302 is worth $354,813, based on the Zillow Home Value Index.
Are home values rising in 27302?: Home values in 27302 are down 0.2% over the past year, and up 6.2% a year over five years.
What is the typical rent in 27302?: A typical home in 27302 rents for about $1,626 a month, a gross rental yield of 5.5%.
What is the property tax rate in 27302?: The effective property tax rate in 27302 is 0.7% — roughly $2,497 a year on a typical home.
Who lives in 27302?: ZIP code 27302 has a population of 35,418 and a median household income of $79,819.

#Comparable ZIPs

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

27258 vs 27302 →
Haw River, NC
Typical home
$326,101
Gross yield
6.8%
27244 vs 27302 →
Elon, NC
Typical home
$318,384
Gross yield
—
27349
NC
Typical home
$314,910
Gross yield
—
27253
Graham, NC
Typical home
$303,885
Gross yield
6.2%
27215
Burlington, NC
Typical home
$298,220
Gross yield
5.3%
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 27302 against any other ZIP — full side-by-side table.

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#Jump to section

U.S. ZIP Code · NC27302

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