ZIP 27909

27909 is one of 1 ZIP codes that lie mostly in Pasquotank County, NC.

Shaded by typical home value, it ranks 1 of the 1 with a value.

14 school locations in 27909: 7 elementary, 2 middle, 5 high.

In alphabetical order: Central Elementary, Elizabeth City Middle, Elizabeth City Pasquotank Early College, H L Trigg Community, and more on the ZIP page. Locations only — no ratings are shown here.

In January 2009 the typical home in 27909 was worth $171,599.

Values peaked at $268,339 in August 2026. The latest reading is the peak.

As of August 2026: $268,339, +1.2% over twelve months.

Start with the typical home: $268,339. Put 20% down and borrow $214,671 at 7.40%, the 30-year fixed average as of October 8, 2026.

That is $1,486 a month in principal and interest.

The median household here earns $64,039 a year, $5,337 a month. So the payment takes 27.9% of income — rated “affordable” (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 17.8% in 2009.

Take the typical home's price each month, borrow 80% at that month's actual 30-year average rate: in January 2009 (5.05%) the payment was $741.

In December 2020, with rates at 2.68%, it was $587.

By August 2026, at 6.67%, it was $1,381 — +135% since December 2020, while the home's value moved +48%.

Reported values rose +56% since January 2009.

General prices (CPI-U) rose +58% over the same span.

Divide one by the other: in August 2026 dollars, the 2009 home was worth $270,541. So the real change is −1%, not +56%.

27909: +56% since January 2009.

Pasquotank County: +56% since January 2009.

North Carolina: +96% since January 2009 — 27909 ran behind it by 40 points.

Owning the typical home costs about $1,755 a month once taxes and insurance (estimated at 1.2% of price a year) are added. Renting runs about $1,397 a month.

Price divided by a year's rent: 16.0. Lotvox reads under 15 as favoring buying and 20 or more as favoring renting.

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 67 a month (Redfin, 3-month rolling data through August 2026). That is 166% of the 2015–2019 level for the same months.

On the shelf — homes for sale at the end of the period: 210. That is 128% of the 2015–2019 level for the same months.

Going out — closed sales: about 64 a month. That is 133% of the 2015–2019 level for the same months.

The ladder: homes for sale ÷ monthly sales = 3.3 months of supply — below the 4–6 month range Lotvox treats as balanced. In the basin, that is the water level against the shaded balanced band.

The net reading: about 3 more homes came on than sold each month, so inventory is growing. The basin is filling.

Homes sold: about 64 a month in August 2026 (Redfin).

The 2015–2019 level for the same month was 40 — so sales ran at 160% of it, and below it in 0 of the last 24 months.

Across Pasquotank County, builders pulled permits for 274 new homes in 2025.

Of those, 100% were in 1-unit buildings (the Census Bureau's category for detached and attached single homes).

This ZIP sits in Pasquotank County. IRS tax returns for 2022-2023: among the ten counties sending the most households, 628 moved in. Among the ten receiving the most, 487 moved out.

Net across those counties: +141 households. Beside it, homes for sale in this ZIP: 210 in June 2026.

Most arrivals came from Chesapeake, VA (108 households); most departures went to Perquimans, NC (108).