27408, Greensboro, NC

The 27408 zip code of Greensboro, NC is a suburban area located in the southeastern corner of the state. The zip code has a population of around 210,000 and has an average home value of $269,000. The median home value in this zip code is about $130,000 more than the statewide median home value of $177,500. This indicates that there is a higher demand for homes in this zip code than statewide.

One reason for this may be that Greensboro is one of the most educated cities in North Carolina. Over 30% of adults here have at least a bachelor's degree, which is much higher than the statewide average of 23%. Additionally, many businesses and jobs in Greensboro are related to education or health care. This could lead to more affluent residents buying homes here and contributing to the high home values.

Another factor that could contribute to high home values in this zip code is its low unemployment rate. In March 2018, the unemployment rate here was 3%, which was lower than both the statewide unemployment rate (4%) and the national unemployment rate (3%). This suggests that there are plenty of jobs available and potential homeowners can afford to buy homes without worrying about being unable to find a job or facing high monthly payments on their mortgage.