27510, Carrboro, NC

Carrboro, NC is a small town located in the heart of North Carolina. The population of Carrboro was just over 30,000 as of the 2010 census. The median household income in Carrboro was $75,000 as of 2010.

The 27510 zip code covers a small area in southeastern Carrboro and includes the neighborhoods of Chapel Hill, Hillsborough, and South Park. Home prices in this zip code have increased significantly over the past few years due to strong demand from buyers and limited supply. As of February 2019, the median home price in this zip code was $369,900. This is an increase of over 50% from 2018 when the median home price was $257,500.

There are a number of factors contributing to this increase in home prices in 27510 zip code:

-The population growth rate for Carrboro is above average compared to other parts of North Carolina

-The availability of homes for sale has been limited due to high demand

-Low interest rates have helped to make mortgages more affordable for buyers

-Many homeowners who have purchased homes within 27510 zip code since 2016 have benefited from federal tax credits that were available at that time

-The local economy has been growing rapidly due to new businesses and expansions by existing businesses

-There has been an increase in luxury home construction within 27510 zip code