27932, Edenton, NC

The 27932 zip code of Edenton, North Carolina is located in the southeastern part of the state and includes a population of about 21,000 people. The median household income in this zip code is $50,000, which is lower than the statewide median household income of $60,000. The unemployment rate in this zip code is about 5%, which is lower than the statewide unemployment rate of 7%.

Home equity and home prices are important factors to consider when looking at buying or selling a home. Home equity refers to the value of a homeowner's home minus all outstanding mortgages and other debts on that property. Home prices are based on many factors including local market conditions, interest rates, and availability of homes for sale.

In general, home values have been increasing over the past several years in Edenton. The average price of a single-family home in this zip code was $179,500 as of September 2017. This represents an increase from $158,500 as of September 2016. Over the same period, the average price for condos has increased by almost 20%, from $130,000 to $162,500.

While there may be some variation among individual neighborhoods within Edenton regarding prices and home equity values, overall it appears that homes are becoming more affordable while still providing good returns for buyers who are able to purchase them during these times of rising prices.