How much is a home worth in ZIP code 27408?

The typical home in 27408 is worth $348,936, based on the Zillow Home Value Index.

Are home values rising in 27408?

Home values in 27408 are up 0.8% over the past year, and up 5.2% a year over five years.

What is the typical rent in 27408?

A typical home in 27408 rents for about $1,467 a month, a gross rental yield of 5.0%.

What is the property tax rate in 27408?

The effective property tax rate in 27408 is 1.0% — roughly $3,522 a year on a typical home.

ZIP code 27408 has a population of 16,519 and a median household income of $83,862.

HousingHandbookReference data

…

U.S. ZIP Code · NC27408

Guilford County · Greensboro-High Point, NC

Typical home value

$348,936^[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year: +0.8%
5-year / yr: +5.2%
10-year / yr: +5.9%

Relative price

vs U.S.: +22.8%
vs metro: +33.0%
vs state: +22.6%

Price history

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

The typical home in 27408 is worth $348,936 — 33.0% above the Greensboro-High Point, NC median. Over the past year, values have risen 0.8%. Homes here rent for a typical $1,467 a month — a 5.0% gross rental yield. The effective property tax rate is 1.0%.

#Rent & investment

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

Monthly rent: $1,467^[2]
Gross yield: 5.0%^[2]
Cap rate: 3.0%^[2]

#Property tax

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

Effective tax rate: 1.0%^[3]
Typical annual tax: $3,522^[3]

#Climate risk

FEMA National Risk Index ratings for Guilford 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 Moderate
Heat wave: Relatively Moderate
Hurricane: Relatively Moderate
Tornado: Relatively Moderate
Earthquake: Relatively Low
Winter weather: Relatively High

#Who lives here

Population: 16,519^[3]
Median household income: $83,862^[3]

#Migration

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

Net migration: -42^[5]
Moved in: 14,913
Moved out: 14,955

Schools

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

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

Grimsley High
High · Grades 9–12 · Guilford County Schools
1,929 students
Kiser Middle
Middle · Grades 6–8 · Guilford County Schools
900 students
Mendenhall Middle
Middle · Grades 6–8 · Guilford County Schools
619 students
Irving Park Elementary
Elementary · Grades PK–5 · Guilford County Schools
515 students
General Greene Elementary
Elementary · Grades K–5 · Guilford County Schools
400 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 yield5.0%

Net yield (after ~40% expenses)3.0%

Annual rent$17,604

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$1,764

Loan principal$279,149

Down payment$69,787

Total interest paid$356,039

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 ratio1.60

Monthly cost to own$2,349

Monthly rent$1,467

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: 23rd percentile^[1]
Rental yield: 11th percentile^[2]
Property tax: 100th percentile^[3]

Frequently asked

How much is a home worth in ZIP code 27408?: The typical home in 27408 is worth $348,936, based on the Zillow Home Value Index.
Are home values rising in 27408?: Home values in 27408 are up 0.8% over the past year, and up 5.2% a year over five years.
What is the typical rent in 27408?: A typical home in 27408 rents for about $1,467 a month, a gross rental yield of 5.0%.
What is the property tax rate in 27408?: The effective property tax rate in 27408 is 1.0% — roughly $3,522 a year on a typical home.
Who lives in 27408?: ZIP code 27408 has a population of 16,519 and a median household income of $83,862.

#Comparable ZIPs

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

27410 vs 27408 →
Greensboro, NC
Typical home
$361,671
Gross yield
5.0%
27282 vs 27408 →
High Point, NC
Typical home
$333,369
Gross yield
7.7%
27377
Whitsett, NC
Typical home
$328,323
Gross yield
7.2%
27455
Greensboro, NC
Typical home
$373,015
Gross yield
5.1%
27313
Pleasant Garden, NC
Typical home
$316,154
Gross yield
—
27214
Greensboro, NC
Typical home
$312,347
Gross yield
—

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#Jump to section

U.S. ZIP Code · NC27408

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