27531, Goldsboro, NC

The 27531 zip code of Goldsboro, NC is located in the eastern part of the state and includes a population of around 36,000. The median home value in this zip code is $119,000 and the median home equity is $81,500. This means that approximately 56% of homes in this zip code are worth more than their original purchase price. Additionally, the average home value growth rate for this zip code over the past five years has been 5%.

One reason that homes in this zip code are so valuable is that Goldsboro is a very affluent area. The median household income in this zip code is $87,500 and there are only about 1% of households who make less than $25,000 per year. Additionally, almost 60% of adults in this zipcode have at least a bachelor's degree. Therefore, it's not surprising that there are a lot of people who can afford to buy a home here.

Another reason why homes in this zip code are so valuable is that there isn't much competition for them. There are only about 2200 homes available for sale within 27531 ZIP Code and as a result, prices for homes here tend to be higher than they would be if there were more houses available for sale. In addition, most people who live in 27531 ZIP Code commute to work by car which means that they aren't likely to be interested in buying a home near where they work. Therefore, it's unlikely that prices will decrease anytime soon if current trends continue.