HousingHandbookReference data

U.S. ZIP Code · NC27592

Wake County · Raleigh-Cary, NC

Typical home value

$414,619[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
-1.1%
5-year / yr
+6.0%
10-year / yr
+6.9%

Relative price

vs U.S.
+46.0%
vs metro
≈ metro median
vs state
+45.7%
ZIP 27592 location in NC
Location of ZIP 27592 in NC

Price history

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

The typical home in 27592 is worth $414,619. Over the past year, values have fallen 1.1%. Homes here rent for a typical $1,938 a month — a 5.6% gross rental yield. The effective property tax rate is 0.5%.

#Rent & investment

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

Monthly rent
$1,938[2]
Gross yield
5.6%[2]
Cap rate
3.4%[2]

#Property tax

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

Effective tax rate
0.5%[3]
Typical annual tax
$2,187[3]

#Climate risk

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

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

#Who lives here

Population
21,114[3]
Median household income
$104,252[3]

#Migration

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

Net migration
+3,843[5]
Moved in
39,828
Moved out
35,985

Schools

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

Public schools
2
Elementary
2
Middle
0
High
0
  • Willow Springs Elementary

    Elementary · Grades K–5 · Wake County Schools

    821 students

  • Dixon Road Elementary

    Elementary · Grades PK–5 · Johnston County Public Schools

    638 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 yield5.6%
Net yield (after ~40% expenses)3.4%
Annual rent$23,250

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$2,097
Loan principal$331,695
Down payment$82,924
Total interest paid$423,059

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 ratio1.35
Monthly cost to own$2,625
Monthly rent$1,938

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
50th percentile[1]
Rental yield
78th percentile[2]
Property tax
5th percentile[3]

Frequently asked

How much is a home worth in ZIP code 27592?
The typical home in 27592 is worth $414,619, based on the Zillow Home Value Index.
Are home values rising in 27592?
Home values in 27592 are down 1.1% over the past year, and up 6.0% a year over five years.
What is the typical rent in 27592?
A typical home in 27592 rents for about $1,938 a month, a gross rental yield of 5.6%.
What is the property tax rate in 27592?
The effective property tax rate in 27592 is 0.5% — roughly $2,187 a year on a typical home.
Who lives in 27592?
ZIP code 27592 has a population of 21,114 and a median household income of $104,252.

#Comparable ZIPs

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

  • Raleigh, NC

    Typical home
    $416,793
    Gross yield
    4.9%
  • Youngsville, NC

    Typical home
    $420,378
    Gross yield
    5.5%
  • Raleigh, NC

    Typical home
    $408,705
    Gross yield
    5.0%
  • Archer Lodge, NC

    Typical home
    $398,414
    Gross yield
    5.6%
  • Garner, NC

    Typical home
    $388,301
    Gross yield
    5.5%
  • Raleigh, NC

    Typical home
    $441,136
    Gross yield
    4.1%

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