Lotvox market story

ZIP 27244

Alamance County, NC

What homes are worth, what they cost to carry, how fast they sell — one step at a time.

Typical home value
$318,603
12-month change
+2.0%
Months of supply
4.6

This week since 2026-10-08: Months of supply 4.6 (was 4.7) · Payment share of income 29.8% (was 29.5%)

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Who's going to sell in 27244 this year?

Lotvox Turnover Index

Ranking every home in 27244 by how likely it is to sell

Lotvox Turnover Index
Not yet live
Source: County assessor and recorder public records; Lotvox analysis (calculations on the sources above) · accuracy by ZIP · methodology

The Lotvox Turnover Index isn't offered for 27244 yet.

Where

27244 in Alamance County, NC

27201 · no value published27202 · no value published27215 · $296,22027217 · $223,99627244 · $318,60327253 · $300,85127258 · $324,12927302 · $350,40227340 · no value published27349 · $314,338 27244
$224K$350K typical home value
Source: Census TIGER/Line · Zillow (ZHVI)Source: U.S. Census Bureau, TIGER/Line boundaries; Zillow Home Value Index (ZHVI), Zillow Research

27244 is one of 10 ZIP codes that lie mostly in Alamance County, NC — 47% of its own area is in the county.

Shaded by typical home value, it ranks 3 of the 7 with a value.

Value rank in county
3 of 7

Source: U.S. Census Bureau, TIGER/Line boundaries; Zillow Home Value Index (ZHVI), Zillow Research

Local life

Schools in 27244

4 school locations in 27244: 2 elementary, 1 middle, 1 high.

In alphabetical order: Altamahaw-Ossipee Elementary, Elon Elementary, Western Alamance High, Western Alamance Middle. Locations only — no ratings are shown here.

School locations
4

Source: U.S. Department of Education, National Center for Education Statistics (school locations)

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What it costs

Home values

What homes are worth in 27244

$0$100K$200K$300K$400K200020052010201520202025Peak April 2026 · $321,303Latest · $318,603
Typical home value
Source: Zillow (ZHVI) · as of 2026-08-31Source: Zillow Home Value Index (ZHVI), Zillow Research · data as of 2026-08-31

In January 2000 the typical home in 27244 was worth $134,517.

Values peaked at $321,303 in April 2026. The latest reading is −0.8% from that peak.

As of August 2026: $318,603, +2.0% over twelve months.

Typical home value
$318,603
12-month change
+2.0%

Source: Zillow Home Value Index (ZHVI), Zillow Research · data as of 2026-08-31

Housing pulse

Monthly cost vs. price

Typical home
$318,603
Loan at 20% down
$254,882
30-year fixed rate
7.40%
Monthly principal + interest
$1,765
Median household income, per month
$5,915
Share of income
29.8%
0%30%60%
At today's rate, by home value, 2000–2026: 12.6% → 29.8%
Source: Zillow (ZHVI) · Freddie Mac via FRED · Census ACS · Lotvox · as of 2026-08-31Source: Zillow Home Value Index (ZHVI), Zillow Research; Freddie Mac, 30-Year Fixed Rate Mortgage Average in the United States (MORTGAGE30US), retrieved from FRED®, Federal Reserve Bank of St. Louis; U.S. Census Bureau, American Community Survey 5-year estimates; Lotvox analysis (calculations on the sources above) · data as of 2026-08-31

Start with the typical home: $318,603. Put 20% down and borrow $254,882 at 7.40%, the 30-year fixed average as of October 8, 2026.

That is $1,765 a month in principal and interest.

The median household here earns $70,982 a year, $5,915 a month. So the payment takes 29.8% of income — rated “stretched” (Lotvox ZIP bands: under 28% affordable · 28–36% stretched · 36%+ severe).

The line holds today's rate fixed and moves only the price: at that rate, the same share was 12.6% in 2000.

Payment share of income
29.8%
Monthly P&I
$1,765

Source: Zillow Home Value Index (ZHVI), Zillow Research; Freddie Mac, 30-Year Fixed Rate Mortgage Average in the United States (MORTGAGE30US), retrieved from FRED®, Federal Reserve Bank of St. Louis; U.S. Census Bureau, American Community Survey 5-year estimates; Lotvox analysis (calculations on the sources above) · data as of 2026-08-31

Lotvox lens

The payment, at each month's rate

$0$500$1K$2K$2K2000200520102015202020252.68% rate · $7036.67% rate · $1,639
Monthly P&I at that month's 30-year rate
Source: Zillow (ZHVI) · Freddie Mac via FRED · Lotvox · as of 2026-08Source: Zillow Home Value Index (ZHVI), Zillow Research; Freddie Mac, 30-Year Fixed Rate Mortgage Average in the United States (MORTGAGE30US), retrieved from FRED®, Federal Reserve Bank of St. Louis; Lotvox analysis (calculations on the sources above) · data as of 2026-08

Take the typical home's price each month, borrow 80% at that month's actual 30-year average rate: in January 2000 (8.21%) the payment was $805.

In December 2020, with rates at 2.68%, it was $703.

By August 2026, at 6.67%, it was $1,639 — +133% since December 2020, while the home's value moved +47%.

Payment change since 2020
+133%

Source: Zillow Home Value Index (ZHVI), Zillow Research; Freddie Mac, 30-Year Fixed Rate Mortgage Average in the United States (MORTGAGE30US), retrieved from FRED®, Federal Reserve Bank of St. Louis; Lotvox analysis (calculations on the sources above) · data as of 2026-08

Lotvox lens

Home value after inflation

$0$100K$200K$300K$400K200020052010201520202025
Home value (as reported)Prices in general (CPI-U), scaled to January 2000Home value in August 2026 dollars
Source: Zillow (ZHVI) · BLS CPI via FRED · Lotvox · as of 2026-08Source: Zillow Home Value Index (ZHVI), Zillow Research; U.S. Bureau of Labor Statistics, Consumer Price Index (CPI-U), via FRED®, Federal Reserve Bank of St. Louis; Lotvox analysis (calculations on the sources above) · data as of 2026-08
Deflated with CPI-U (seasonally adjusted, FRED CPIAUCSL) to August 2026; the site's Housing pulse chart uses its own CPI series, so older months can differ slightly.

Reported values rose +137% since January 2000.

General prices (CPI-U) rose +97% over the same span.

Divide one by the other: in August 2026 dollars, the 2000 home was worth $265,483. So the real change is +20%, not +137%.

Real change since 2000
+20%

Source: Zillow Home Value Index (ZHVI), Zillow Research; U.S. Bureau of Labor Statistics, Consumer Price Index (CPI-U), via FRED®, Federal Reserve Bank of St. Louis; Lotvox analysis (calculations on the sources above) · data as of 2026-08
Deflated with CPI-U (seasonally adjusted, FRED CPIAUCSL) to August 2026; the site's Housing pulse chart uses its own CPI series, so older months can differ slightly.

Home values

27244 against its neighbors

5010015020025020172019202120232025
27244 (2016 = 100)Alamance County (2016 = 100)North Carolina (2016 = 100)
Source: Zillow (ZHVI) · Lotvox · as of 2026-08Source: Zillow Home Value Index (ZHVI), Zillow Research; Lotvox analysis (calculations on the sources above) · data as of 2026-08

27244: +95% since February 2016.

Alamance County: +101% since February 2016.

North Carolina: +96% since February 2016 — 27244 ran behind it by 2 points.

Change since 2016
+95%

Source: Zillow Home Value Index (ZHVI), Zillow Research; Lotvox analysis (calculations on the sources above) · data as of 2026-08

Lotvox lens

Rent or own

Own: payment + 1.2%/yr taxes & insurance
$2,083
principal + interest $1,765 · taxes & insurance est. $318
Rent: typical rent (ZORI)
$1,685
Price-to-rent ratio
15.8
Source: Zillow (ZHVI) · Zillow (ZORI) · Freddie Mac via FRED · LotvoxSource: Zillow Home Value Index (ZHVI), Zillow Research; Zillow Observed Rent Index (ZORI), Zillow Research; Freddie Mac, 30-Year Fixed Rate Mortgage Average in the United States (MORTGAGE30US), retrieved from FRED®, Federal Reserve Bank of St. Louis; Lotvox analysis (calculations on the sources above)

Owning the typical home costs about $2,083 a month once taxes and insurance (estimated at 1.2% of price a year) are added. Renting runs about $1,685 a month.

Price divided by a year's rent: 15.8. Lotvox reads under 15 as favoring buying and 20 or more as favoring renting.

Price-to-rent
15.8

Source: Zillow Home Value Index (ZHVI), Zillow Research; Zillow Observed Rent Index (ZORI), Zillow Research; Freddie Mac, 30-Year Fixed Rate Mortgage Average in the United States (MORTGAGE30US), retrieved from FRED®, Federal Reserve Bank of St. Louis; Lotvox analysis (calculations on the sources above)

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What's moving

Housing pulse

Listings Flow Ladder

per month / homes for sale2024-092026-08balanced 4–6 mo4.6 mo4.6 months of supplyNet +4 / month · inventory growing
New listings / monthHomes for saleClosed sales / monthBasin water level = months of supply
Source: Redfin · Lotvox · as of 2026-08-31Source: Redfin Data Center (market tracker data); Lotvox analysis (calculations on the sources above) · data as of 2026-08-31

Picture the Listings Flow Ladder as a basin: new listings pour in from the faucet, the homes for sale are the water, and closed sales run out the drain. Coming in — new listings: about 13 a month (Redfin, 3-month rolling data through August 2026).

On the shelf — homes for sale at the end of the period: 41.

Going out — closed sales: about 9 a month.

The ladder: homes for sale ÷ monthly sales = 4.6 months of supply — inside the 4–6 month balanced range. In the basin, that is the water level against the shaded balanced band.

The net reading: about 4 more homes came on than sold each month, so inventory is growing. The basin is filling.

Months of supply
4.6

Source: Redfin Data Center (market tracker data); Lotvox analysis (calculations on the sources above) · data as of 2026-08-31

Housing pulse

Sales pace vs. normal

0510152020252026
Homes sold per monthSame months, 2015–2019
Source: Redfin · Lotvox · as of 2026-08Source: Redfin Data Center (market tracker data); Lotvox analysis (calculations on the sources above) · data as of 2026-08

Homes sold: about 9 a month in August 2026 (Redfin).

The 2015–2019 level for the same month was 11 — so sales ran at 82% of it, and below it in 15 of the last 24 months.

Sales vs 2015–19 level
82%

Source: Redfin Data Center (market tracker data); Lotvox analysis (calculations on the sources above) · data as of 2026-08

New supply

Homes being permitted

01,0002,0003,0004,00020221,94920232,73020242,46620252,027
1-unit buildings2–4 units5+ units
Source: Census permits · as of 2025Source: U.S. Census Bureau, Building Permits Survey · data as of 2025

Across Alamance County, builders pulled permits for 2,027 new homes in 2025.

Of those, 83% were in 1-unit buildings (the Census Bureau's category for detached and attached single homes).

Units permitted 2025
2,027

Source: U.S. Census Bureau, Building Permits Survey · data as of 2025

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Who's holding, who's leaving

Housing pulse

Migration and inventory

Moved in (top-10 origin counties)
3,139
Moved out (top-10 destination counties)
2,589
Net households
+550
Top origins
Guilford, NC891
Durham, NC705
Orange, NC607
Top destinations
Guilford, NC949
Orange, NC395
Durham, NC314
Homes for sale, 2012–2026
Source: IRS SOI · Redfin · as of 2026-06-01Source: IRS Statistics of Income, county-to-county migration data; Redfin Data Center (market tracker data) · data as of 2026-06-01

This ZIP sits in Alamance County. IRS tax returns for 2022-2023: among the ten counties sending the most households, 3,139 moved in. Among the ten receiving the most, 2,589 moved out.

Net across those counties: +550 households. Beside it, homes for sale in this ZIP: 41 in June 2026.

Most arrivals came from Guilford, NC (891 households); most departures went to Guilford, NC (949).

Net households (top-10 flows)
+550

Source: IRS Statistics of Income, county-to-county migration data; Redfin Data Center (market tracker data) · data as of 2026-06-01

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What to do

Own a home here?What's my home worth?Enter your address for a county-record value range. Buying?Compare 27244 with 27349The same story, side by side. An agent?See where the index is livethe farm territory and this page's sponsor spot.

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Link: https://lotvox.com/story/greensboro/zip/27244