How much is a home worth in ZIP code 27504?

The typical home in 27504 is worth $321,307, based on the Zillow Home Value Index.

Are home values rising in 27504?

Home values in 27504 are up 0.4% over the past year, and up 6.3% a year over five years.

What is the typical rent in 27504?

A typical home in 27504 rents for about $1,700 a month, a gross rental yield of 6.3%.

What is the property tax rate in 27504?

The effective property tax rate in 27504 is 0.7% — roughly $2,171 a year on a typical home.

ZIP code 27504 has a population of 17,079 and a median household income of $66,724.

HousingHandbookReference data

…

U.S. ZIP Code · NC27504

Johnston County · Raleigh-Cary, NC

Typical home value

$321,307^[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year: +0.4%
5-year / yr: +6.3%
10-year / yr: +7.7%

Relative price

vs U.S.: +13.1%
vs metro: -22.9%
vs state: +12.9%

Price history

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

The typical home in 27504 is worth $321,307 — 22.9% below the Raleigh-Cary, NC median. Over the past year, values have risen 0.4%. Homes here rent for a typical $1,700 a month — a 6.3% 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: $1,700^[2]
Gross yield: 6.3%^[2]
Cap rate: 3.8%^[2]

#Property tax

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

Effective tax rate: 0.7%^[3]
Typical annual tax: $2,171^[3]

#Climate risk

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

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

#Who lives here

Population: 17,079^[3]
Median household income: $66,724^[3]

#Migration

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

Net migration: +2,118^[5]
Moved in: 8,508
Moved out: 6,390

Schools

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

Public schools: 5
Elementary: 2
Middle: 2
High: 1

West Johnston High
High · Grades 9–12 · Johnston County Public Schools
1,593 students
McGee's Crossroads Middle
Middle · Grades 6–8 · Johnston County Public Schools
736 students
Meadow School
Elementary · Grades PK–8 · Johnston County Public Schools
661 students
Benson Elementary
Elementary · Grades PK–4 · Johnston County Public Schools
603 students
Benson Middle
Middle · Grades 5–8 · Johnston County Public Schools
493 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 yield6.3%

Net yield (after ~40% expenses)3.8%

Annual rent$20,400

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$1,625

Loan principal$257,046

Down payment$64,261

Total interest paid$327,848

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 ratio1.22

Monthly cost to own$2,075

Monthly rent$1,700

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: 62nd percentile^[1]
Rental yield: 92nd percentile^[2]
Property tax: 48th percentile^[3]

Frequently asked

How much is a home worth in ZIP code 27504?: The typical home in 27504 is worth $321,307, based on the Zillow Home Value Index.
Are home values rising in 27504?: Home values in 27504 are up 0.4% over the past year, and up 6.3% a year over five years.
What is the typical rent in 27504?: A typical home in 27504 rents for about $1,700 a month, a gross rental yield of 6.3%.
What is the property tax rate in 27504?: The effective property tax rate in 27504 is 0.7% — roughly $2,171 a year on a typical home.
Who lives in 27504?: ZIP code 27504 has a population of 17,079 and a median household income of $66,724.

#Comparable ZIPs

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

27610 vs 27504 →
Raleigh, NC
Typical home
$319,851
Gross yield
7.0%
27524 vs 27504 →
Four Oaks, NC
Typical home
$311,523
Gross yield
—
27549
Lake Royale CDP, NC
Typical home
$308,964
Gross yield
—
27520
Clayton, NC
Typical home
$338,892
Gross yield
6.3%
27597
Zebulon, NC
Typical home
$342,991
Gross yield
6.9%
27604
Raleigh, NC
Typical home
$343,658
Gross yield
5.6%

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

Compare ZIPs

Pit ZIP 27504 against any other ZIP — full side-by-side table.

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#Jump to section

U.S. ZIP Code · NC27504

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