HousingHandbookReference data

U.S. ZIP Code · NC27332

Lee County

Typical home value

$300,319[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
+0.9%
5-year / yr
+7.5%
10-year / yr
+7.5%

Relative price

vs U.S.
+5.7%
vs metro
vs state
+5.5%
ZIP 27332 location in NC
Location of ZIP 27332 in NC

Price history

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

The typical home in 27332 is worth $300,319. Over the past year, values have risen 0.9%. Homes here rent for a typical $1,955 a month — a 7.8% 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
$1,955[2]
Gross yield
7.8%[2]
Cap rate
4.7%[2]

#Property tax

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

Effective tax rate
0.7%[3]
Typical annual tax
$2,166[3]

#Climate risk

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

Overall risk
Relatively Low[4]
Riverine flood
Relatively Low
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 Low

#Who lives here

Population
36,947[3]
Median household income
$78,447[3]

#Migration

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

Net migration
+349[5]
Moved in
2,429
Moved out
2,080

Schools

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

Public schools
7
Elementary
3
Middle
2
High
2
  • Southern Lee High School

    High · Grades 9–12 · Lee County Schools

    1,185 students

  • Benhaven Elementary

    Elementary · Grades PK–5 · Harnett County Schools

    1,031 students

  • Highland Middle

    Middle · Grades 6–8 · Harnett County Schools

    803 students

  • SanLee Middle School

    Middle · Grades 6–8 · Lee County Schools

    791 students

  • Ascend Leadership Academy: Lee County

    High · Grades 6–12 · Ascend Leadership Academy: Lee County

    599 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.

Gross yield7.8%
Net yield (after ~40% expenses)4.7%
Annual rent$23,458

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.

Monthly payment$1,519
Loan principal$240,255
Down payment$60,064
Total interest paid$306,432

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.

Own : rent ratio1.00
Monthly cost to own$1,949
Monthly rent$1,955

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
[1]
Rental yield
[2]
Property tax
[3]

Frequently asked

How much is a home worth in ZIP code 27332?
The typical home in 27332 is worth $300,319, based on the Zillow Home Value Index.
Are home values rising in 27332?
Home values in 27332 are up 0.9% over the past year, and up 7.5% a year over five years.
What is the typical rent in 27332?
A typical home in 27332 rents for about $1,955 a month, a gross rental yield of 7.8%.
What is the property tax rate in 27332?
The effective property tax rate in 27332 is 0.7% — roughly $2,166 a year on a typical home.
Who lives in 27332?
ZIP code 27332 has a population of 36,947 and a median household income of $78,447.

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