How much is a home worth in ZIP code 28027?

The typical home in 28027 is worth $417,165, based on the Zillow Home Value Index.

Are home values rising in 28027?

Home values in 28027 are down 1.5% over the past year, and up 5.8% a year over five years.

What is the typical rent in 28027?

A typical home in 28027 rents for about $1,702 a month, a gross rental yield of 4.9%.

What is the property tax rate in 28027?

The effective property tax rate in 28027 is 0.8% — roughly $3,372 a year on a typical home.

ZIP code 28027 has a population of 81,772 and a median household income of $92,219.

HousingHandbookReference data

…

U.S. ZIP Code · NC28027

Cabarrus County · Charlotte-Concord-Gastonia, NC-SC

Typical home value

$417,165^[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year: -1.5%
5-year / yr: +5.8%
10-year / yr: +7.1%

Relative price

vs U.S.: +46.9%
vs metro: +24.4%
vs state: +46.6%

Price history

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

The typical home in 28027 is worth $417,165 — 24.4% above the Charlotte-Concord-Gastonia, NC-SC median. Over the past year, values have fallen 1.5%. Homes here rent for a typical $1,702 a month — a 4.9% gross rental yield. The effective property tax rate is 0.8%.

#Rent & investment

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

Monthly rent: $1,702^[2]
Gross yield: 4.9%^[2]
Cap rate: 2.9%^[2]

#Property tax

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

Effective tax rate: 0.8%^[3]
Typical annual tax: $3,372^[3]

#Climate risk

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

#Who lives here

Population: 81,772^[3]
Median household income: $92,219^[3]

#Migration

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

Net migration: +1,070^[5]
Moved in: 8,892
Moved out: 7,822

Schools

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

Public schools: 22
Elementary: 7
Middle: 5
High: 7

West Cabarrus High
High · Grades 9–12 · Cabarrus County Schools
1,863 students
Cox Mill High School
High · Grades 9–12 · Cabarrus County Schools
1,757 students
Jay M Robinson High
High · Grades 9–12 · Cabarrus County Schools
1,176 students
Northwest Cabarrus High
High · Grades 9–12 · Cabarrus County Schools
1,168 students
Harris Road Middle
Middle · Grades 6–8 · Cabarrus County Schools
1,167 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 yield4.9%

Net yield (after ~40% expenses)2.9%

Annual rent$20,423

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$2,109

Loan principal$333,732

Down payment$83,433

Total interest paid$425,657

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 ratio1.61

Monthly cost to own$2,739

Monthly rent$1,702

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: 36th percentile^[1]
Rental yield: 37th percentile^[2]
Property tax: 92nd percentile^[3]

Rankings

Top-10 lists this ZIP code appears on.

2nd for most populous in NCView list →

Frequently asked

How much is a home worth in ZIP code 28027?: The typical home in 28027 is worth $417,165, based on the Zillow Home Value Index.
Are home values rising in 28027?: Home values in 28027 are down 1.5% over the past year, and up 5.8% a year over five years.
What is the typical rent in 28027?: A typical home in 28027 rents for about $1,702 a month, a gross rental yield of 4.9%.
What is the property tax rate in 28027?: The effective property tax rate in 28027 is 0.8% — roughly $3,372 a year on a typical home.
Who lives in 28027?: ZIP code 28027 has a population of 81,772 and a median household income of $92,219.

#Comparable ZIPs

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

29710 vs 28027 →
Lake Wylie CDP, SC
Typical home
$417,351
Gross yield
6.0%
28202 vs 28027 →
Charlotte, NC
Typical home
$416,237
Gross yield
5.4%
28134
Pineville, NC
Typical home
$420,748
Gross yield
7.0%
28012
Belmont, NC
Typical home
$420,910
Gross yield
5.3%
28080
Iron Station CDP, NC
Typical home
$422,865
Gross yield
—
28115
Mooresville, NC
Typical home
$409,371
Gross yield
5.6%

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Pit ZIP 28027 against any other ZIP — full side-by-side table.

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#Jump to section

U.S. ZIP Code · NC28027

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