The 27516 housing market is very competitive. Homes in 27516 receive 4 offers on average and sell in around 21.5 days. The median sale price of a home in 27516 was $615K last month, down 2.6% since last year. The median sale price per square foot in 27516 is $286, up 8.1% since last year.
In March 2024, 27516 home prices were down 2.6% compared to last year, selling for a median price of $615K. On average, homes in 27516 sell after 22 days on the market compared to 41 days last year. There were 99 homes sold in March this year, down from 112 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$615,000
-2.6% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
This area's enrollment policy is not based solely on geography. Please check the school district website for more information.
GreatSchools Rating
8/10
Elizabeth Seawell Elementary School
Public • PreK-5
512
Students
8 reviews
7/10
Morris Grove Elementary School
Public • K-5
559
Students
8 reviews
7/10
C And L McDougle Elementary School
Public • PreK-5
555
Students
9 reviews
7/10
Mary Scroggs Elementary School
Public • PreK-5
485
Students
5 reviews
6/10
Carrboro Elementary School
Public • PreK-5
501
Students
8 reviews
Only showing 5 of
7 elementary schools.
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on 27516 housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in 27516.
Risk Factor
Flood Factor - Moderate
7% of properties are at risk of severe flooding over the next 30 years
Flood Factor
27516 has a moderate risk of flooding. 1,018 properties in 27516 are likely to be
severely affected
by flooding over the next 30 years. This represents 7% of all properties in 27516. Flood risk is increasing slower than the national average.
91% of properties are at risk of wildfire over the next 30 years
Fire Factor
27516 has a moderate risk of wildfire. There are 15,839 properties in 27516 that have some risk of being affected by wildfire over the next 30 years. This represents 91% of all properties in 27516.
100% of properties are at major
risk of a severe wind event over the next 30 years
Wind Factor
27516 has a Major Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. 27516 is most at risk from hurricanes. 17,269 properties in 27516 have some risk of being in a severe wind event within the next 30 years.
Wind likelihood over time
If an exceedingly rare windstorm
(a 1-in-3,000 year storm event)
occurred today, it could cause wind gusts of up to 78 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 93 mph.