27529, Garner, NC

Garner, NC is located in Wake County and has a population of approximately 36,000. The 27529 zip code covers an area of just over 10 square miles and has a median household income of $60,000. Home prices in Garner have increased significantly over the past few years, reaching a median sale price of $269,900 in 2016. This represents an increase of almost 60% from the median sale price of $158,500 recorded in 2012.

The main drivers behind this increase are likely attributable to strong demand from both local and out-of-state buyers. Garner is located within close proximity to several major metropolitan areas (Charlotte, Raleigh/Durham), which has led to strong job growth and increased demand for housing. Additionally, Garner's low unemployment rate (3%) and relatively low cost of living make it an attractive option for those looking to purchase a home.

Despite these positive trends, there are some risks associated with home prices in Garner that should be considered before making any decisions about purchasing a home here:

1) The recent surge in prices may not continue indefinitely;

2) There is potential for further price appreciation if current trends continue;

3) The availability of affordable housing may be limited;

4) The area is generally safe but does have some crime rates that should be taken into account when making decisions about where to live;

5) There is potential for slower economic growth than elsewhere in the country due to its proximity to the Carolinas' two largest cities; and

6) Home values may decline if interest rates rise or if other market factors change negatively.