Raleigh-Cary, NC · Johnston County, NC · 3,864 properties with county records
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Kenly 27542 is in Johnston County, NC, part of the Raleigh Metro. The typical home value in Kenly 27542 is $260,623 (Zillow Home Value Index, September 2026), up 1.8% from a year earlier. Homes that sold went under contract in a median 69 days, and 32% of listings took a price cut (Redfin Data Center, period ending Sep 30, 2026). On Lotvox's market-leverage reading of that data, with 4.1 months of supply, buyers hold the advantage. The Lotvox Turnover Index is not published for 27542 yet: it appears only where a held-out test on the county's recorded sales beats chance. Across Johnston County's 9 ZIPs with a Zillow value, the middle one is $305,581, so 27542 sits 15% below the county middle. Lotvox holds county assessor records for 3,864 properties in 27542.
Headline value data through September 2026. Each source below carries its own date.
Is 27542 a buyer's or seller's market?
By Lotvox's leverage reading of Redfin data through Sep 30, 2026, 27542 is a buyer's market. Homes went under contract in a median 69 days with 4.1 months of supply.
What do homes in 27542 sell for?
The typical home value in 27542 is $260,623 (Zillow Home Value Index, September 2026), up 1.8% in a year. County records put the median at about $184 per square foot (computed Apr 21, 2026).
Who is likely to sell in 27542?
Lotvox only publishes its Turnover Index where a held-out test on recorded sales beats chance, and 27542 has not passed that test yet. When it does, the score appears here.
How does 27542 compare to Johnston County?
27542's typical value of $260,623 compares with a middle value of $305,581 across Johnston County's 9 ZIPs. Both are Zillow Home Value Index figures for September 2026.
Where does this 27542 data come from?
Values and rents come from Zillow's research data, sales pace from the Redfin Data Center, and property counts and turnover from county assessor and deed records. Each number on this page carries its own date, and the method is published at lotvox.com/methodology.
Rent: Zillow Observed Rent Index (ZORI). Ownership cost: Zillow Home Value Index (ZHVI), 20% down, 30-year loan at the current mortgage rate, plus 1.2% of the price a year.
Rent to price
Not available for this ZIP — no price-to-rent ratio published here.
Verdict grades housing conditions; buyer-timing, investor cash-flow, supply-tightness and county macro scores answer different questions — each in its own section.
Buyer / seller
buyer-timing lens
Negotiate Hard
DOM: 79d (rising) · Market Dynamics rolling median · hourly
Score Components
Payment Burden (25%)25
Valuation Gap (25%)60
Supply & Demand (20%)85
Cancellation Rate (10%)75
Days on Market (5%)75
Moderate buyer leverage in 27542. Room to negotiate 5-10% below list. Payment burden: 29.2% of median income. Median days on market: 79. Renting is approximately 143% cheaper than buying (price-to-rent ratio: 29.1). Market appears 13% overpriced vs. assessed values.
What to Offer
Offer 5-10% below list. You have room to negotiate.
Median price: Zillow Home Value Index (ZHVI). Median rent: Zillow Observed Rent Index (ZORI). Days on market and active listings: Redfin Data Center, rolling 90 days.
Valuation
3 lenses, different anchors
vs assessor
—
Market vs assessed value — a tax-roll lag, not a deal signal.
Avg assessor$0
county CAMA · properties_v
vs income
—
Fair-value model not available for this market.
fair_value_scores · 10-state coverage
vs county comps
+65.1%
County-wide market — the widest, slowest signal.
Johnston+65.1%
Lotvox comps · mv_valuation_gap
Read together: Above county comps but sustainable on local incomes.
Housing pulse — Housing pulse could not be loaded (429).
Price bands
mix-shift
Price Bands — the median behind the median
A single median rises whenever expensive homes become a bigger share of what sells, even if no tier got more expensive. These are the tiers underneath it, computed from recorded arms-length deed transactions in Johnston.
Aggregate median +1.1% YoY in Raleigh, NC (metro), but the under-$500k tier is -0.4% — the rise is mix shift, not appreciation. Over the same year the under-$500k share of sales moved from 55.3% to 54.7% (-0.6pp) and the $1M+ share from 6.6% to 7.7% (+1.1pp).
Current tiers · 12 months to Aug 25floor 10 sales/tier
7 tiers had too few sales in this ZIP and are shown at county or metro level — see the stamp on each row.
Tier
Median
$/sqft
Sales
Share
Source
Under $250k
$210k
$159
471
—
METRO · Raleigh, NC
$250k–$500k
$350k
$230
22
59.5%
COUNTY · Johnston, NC
$500k–$750k
$592k
$234
4,467
—
METRO · Raleigh, NC
$750k–$1M
$835k
$259
1,529
—
METRO · Raleigh, NC
$1M–$1.5M
$1.20M
$304
813
—
METRO · Raleigh, NC
$1.5M–$2M
$1.65M
$377
259
—
METRO · Raleigh, NC
$2M+
$2.43M
$470
156
—
METRO · Raleigh, NC
All sales (the headline median)
$333k
$225
37
100%
COUNTY · Johnston, NC
ZIP-level history was too thin to draw the tiers; served at metro level (Raleigh, NC), by quarter.
Share of sales by tier (quarterly)
If the upper tiers widen over time, the headline median rises on composition alone.
Under $250k
$250k–$500k
$500k–$750k
$750k–$1M
$1M–$1.5M
$1.5M–$2M
$2M+
Median within each tier, against the headline median (quarterly)
The blue line is the single number NAR-style reporting quotes. The gold lines are what each tier actually did. Log scale — the tiers span an order of magnitude, and on a log axis equal slopes mean equal percentage moves, which is the comparison being made.
Under $250k
$250k–$500k
$500k–$750k
$750k–$1M
$1M–$1.5M
$1.5M–$2M
$2M+
All sales (headline)
National context — not local
NAR's aggregate existing-home median for the United States and the South census region. This is the figure the tiers above are a check on. It is national/regional and says nothing about 27542.
United States
South
Copyright, National Association of Realtors. Reprinted with permission. Retrieved from FRED, Federal Reserve Bank of St. Louis. FRED publishes a rolling 13-month window for these series.
Tiers computed from Lotvox parcel and deed substrate through Aug 25 (10 later months withheld as partially loaded). Sample floor 10 sales per tier; below it a figure is drawn from the county or metro and labelled, or left blank. Multi-parcel bulk deeds and duplicate records are excluded.
ZIP score grades housing; county score adds macro distress (jobs, debt, poverty). They answer different questions.
ZIP 27542→Johnston County, NC
12-Month Direction
+4Stable
Confidence
100%
DeterioratingStableImproving
BuildersLens Market Intelligence
Market Score
40· Weak
Market Score grades housing-market conditions (affordability, valuation, supply). The county Healthy/Moderate/Distressed badge measures economic distress (jobs, debt, poverty) — the two can read differently.
Payment Burden
30.6%
stretched
Source: Freddie Mac PMMS (FRED MORTGAGE30US) 7.32% · Zillow ZHVI · Census income · Updated 2026-10-22
Valuation14
+65.1%
overvalued
Source: Lotvox comps · Updated 2026-05-15
Supply/Demand
4.1 mo
balanced
Source: Redfin Data Center (ZIP): inventory ÷ monthly homes sold · Updated 2026-09-30
Insurance Risk
45/100
moderate
Source: FEMA/NFIP · Updated 2026-04
County distress indicators
ECONOMIC INDICATORS
Economic indicators remain stronger than national averages.
Unemployment Rate
3.1%
NC 3.5%US 4.4%
Lower than most U.S. counties
Source: BLS LAUS · 2026-0857d ago
Poverty Rate
10.8%
NC 12.9%US 12.6%
Near national averages
Median Household Income
$79,838
NC $71,866US $82,006
Higher than most U.S. counties
Cost of Living (RPP)
93.8
NC 93.8US 100.3
Lower than most U.S. counties
Home Value (ZHVI)$344,953
County data: Zillow Home Value Index (ZHVI), BLS, Census ACS, CDC, FBI UCR, Federal Reserve, USDA
