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Sarah Mitchell

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Compass Real Estate · ZIP 28027

“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”

ZIP 28027(512) 555-0184TX License #0512847
Visit website →sarahmitchellhomes.com
5.0 · 47 reviews

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28027 ZIP Code Housing Market

Leaning buyer's+2.6% YoY

$415,000median sale price

What is the 28027 housing market like right now?

The median home sale price in ZIP code 28027 is $415,000, up 2.6% year-over-year. Homes sell in an average of 63 days with 302 active listings. The market is currently a leaning buyer's. (Source: Redfin monthly MLS data, as of March 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)

Is the 28027 ZIP code a buyer's or seller's market?

Leaning buyer's63 avg. days on market

ZIP code 28027 is currently a leaning buyer's and homes selling in about 63 days. How we determine this →

What are the latest 28027 housing market stats?

Current housing market statistics for ZIP code 28027
MetricValue
Median sale price$415,000
Median list price$429,000
Year-over-year price change+2.6%
Average days on market63 days
Active inventory302 listings
Sale-to-list price ratio98.3%
Market conditionLeaning buyer's

Source: Redfin · Updated monthly

The 28027 zip code, located in Concord, NC, is currently classified as a leaning buyer's. The median sale price stands at $415,000, representing a +2.6% change year over year. Homes in this area spend an average of 63 days on the market before going under contract. There are currently 302 active listings in the area, which influences how much negotiating power buyers and sellers have.

ZIP 28027 sits in the Concord, NC area, roughly 2.7 miles from downtown Concord. Because home prices are set street by street, this ZIP can move differently from Concord's citywide averages. The figures below reflect 28027 specifically — drawn from Redfin transactions, U.S. Census data for its 81,772 residents, and Zillow value estimates.

Homes sold

221

Last 12 weeks

Days on market

63

Average pace

Active listings

302

Sale-to-list

98.3%

Below asking

What is driving the 28027 housing market?

The 28027 real estate market is shaped by a combination of local demand, housing supply, and broader economic trends. As a leaning buyer's, homes are selling at approximately 98.3% of their listed price.

Year-over-year price trends are one of the most important indicators for both homebuyers and investors. Prices in 28027 have increased +2.6% compared to last year, suggesting continued demand and potential for further appreciation. For context, it's valuable to compare this trend against neighboring zip codes and the broader metro area to determine whether this performance is localized or part of a regional pattern.

The Zillow Home Value Index (ZHVI) for 28027 stands at $418,813, which represents Zillow's estimate of the typical home value in the area. The Zillow Observed Rent Index (ZORI) indicates typical rents of $1,766 per month. This gives a price-to-rent ratio of approximately 19.8, which sits in a moderate range where the buy-versus-rent decision depends heavily on individual financial circumstances and time horizon. Use our mortgage calculator to estimate monthly payments based on current home values and interest rates.

Who lives in 28027?

Population

81,772

Median income

$92,219/yr

Median age

36.3 years

Owner-occupied

64.0%

College grads

43.3%

Avg commute

30.98 min

What is it like living in 28027?

Zip code 28027 is home to approximately 81,772 residents. The median household income is $92,219 per year, which shapes the types of homes and amenities available in the area. With a median age of 36.3 years, the community's age profile influences everything from school enrollment to local business types and recreational offerings. Approximately 64.0% of housing units are owner-occupied, indicating a stable, ownership-oriented community where residents have a vested interest in maintaining property values and neighborhood quality.

About 43.3% of residents hold a bachelor's degree or higher, which often correlates with access to knowledge-economy jobs and higher earning potential in the area. The average commute time is 30.98 minutes, which is close to the national average. These demographic factors, combined with the market data above, help paint a complete picture of what it's like to live and own property in 28027.

Which public schools serve ZIP 28027?

22 schools tracked · 18,818 students

The largest public schools serving ZIP code 28027 by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.

West Cabarrus High

Grades 9-12 · 1,863 students

Public

Cox Mill High School

Grades 9-12 · 1,757 students

Public

Jay M Robinson High

Grades 9-12 · 1,176 students

Public

Northwest Cabarrus High

Grades 9-12 · 1,168 students

Public

Harris Road Middle

Grades 6-8 · 1,167 students

Public

Cox Mill Elementary

Grades K-5 · 1,109 students

Public

Roberta Road Middle

Grades 6-8 · 1,037 students

Public

W R Odell Elementary

Grades 3-5 · 927 students

Public

Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.

Frequently asked questions about 28027

What is the median home price in 28027?

The current median sale price in 28027 is $415,000, based on recent Redfin transaction data. Prices have changed +2.6% compared to last year. For the most up-to-date pricing and to see how this compares to nearby areas, use our comparison tool.

Is 28027 a buyer's or seller's market?

The 28027 zip code is currently classified as a leaning buyer's. This assessment is based on key indicators including months of supply, sale-to-list price ratios, and average days on market.

What is the population of zip code 28027?

Zip code 28027 has a population of approximately 81,772 residents. The median household income is $92,219 per year. About 64.0% of homes are owner-occupied. This data is sourced from the U.S. Census Bureau and is updated annually.

How do I research neighborhoods in 28027?

Properties Incorporated provides comprehensive data for 28027 including median home prices, price history charts, days on market, active inventory, and Census Bureau demographics. To compare this area with other zip codes or cities, use our comparison tool. For mortgage planning, our mortgage calculator estimates monthly payments based on current prices and interest rates.

How often is the data for 28027 updated?

Market data on Properties Incorporated is updated regularly as new information becomes available. Redfin sales data is typically refreshed monthly, Zillow home value and rent estimates update monthly, and Census Bureau demographics are updated annually.

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