Zip Code:
27520 is a North Carolina Zip code within the city of Clayton and the county of Johnston County. Its population is roughly 42,387.
The 27520 zip code of Clayton, NC has a median home value of $137,500 and a median home equity value of $119,000. These values are significantly lower than the statewide median home value of $217,500 and statewide median home equity value of $146,000.
There are a number of factors that may contribute to the lower home values in the 27520 zip code. One potential reason is that Clayton is located in one of North Carolina's more rural areas. This could lead to a shortage of available homes for sale and consequently higher prices. Additionally, Clayton has seen relatively low levels of population growth over the past several years which could also lead to reduced demand for housing and consequently lower prices.
Despite these factors, there are still some homeowners in the 27520 zip code who have benefited from increased home values over the past few years. Those who have been able to purchase their homes within the past few years likely benefitted from strong market conditions and may now be able to sell their homes at higher prices than they initially paid.
Price Index: Raleigh-Cary, NC
Zipcode | Population | Density | Timezone | Latitude | Longitude | City | County | State |
---|---|---|---|---|---|---|---|---|
27529 | 50,683 | 338.6 | America/New_York | 35.65233 | -78.58172 | Garner | Wake County | North Carolina |
27527 | 25,337 | 223.7 | America/New_York | 35.65778 | -78.38384 | Clayton | Johnston County | North Carolina |