27573, Roxboro, NC

Roxboro, NC is located in the 27573 zip code. The median home value in this zip code is $137,500. Home equity in Roxboro, NC has increased by an average of 9.4% over the past year. This growth can be attributed to a number of factors including low interest rates and increasing home values.

The average mortgage rate for Roxboro, NC is 4.5%. This low interest rate makes it possible for homeowners to borrow more money to purchase a home and increase their equity in the process. Additionally, Roxboro has seen an increase in home values due to its proximity to Charlotte and other major cities. As a result, many homeowners are able to sell their homes for more than they originally paid due to increased demand from buyers.

While there are many benefits associated with owning a home in Roxboro, there are also some risks involved. For example, if the market crashes or interest rates rise significantly, homeowners may find themselves unable to pay their mortgages or face significant losses on their investments. It is important for homeowners who are considering buying or selling a home in Roxboro to consult with a qualified real estate agent who can help them understand all of the available options and risks involved.