27298, Liberty, NC

The 27298 zip code of Liberty, NC is located in the southeastern corner of the state. The area has a population of about 25,000 and an average household income of around $60,000. Home prices in this zip code have been increasing steadily over the past few years, reaching a peak in 2017 before starting to decline again. At present, home prices are around $130,000 on average.

One reason for the increase in home prices in this zip code is that Liberty is experiencing strong growth both economically and demographically. The area has seen significant job growth over the past few years, with many new businesses moving into town. Additionally, there has been a large influx of families moving into Liberty since the housing market crashed in 2008-09. This combination has led to an increased demand for homes and property values have responded accordingly.

However, there are some risks associated with buying a home in Liberty right now. One is that interest rates are still very low and could go up at any time (although they seem to be slowly declining). Another potential issue is that there may be a shortage of homes available as more people move into town (although this seems to be slowly reversing). In addition, although home prices have been rising steadily for several years now, they could eventually fall if more people decide to sell their homes or if there are any major economic or political changes that negatively impact the local economy.