ZIP 27592

27592 is one of 32 ZIP codes that lie mostly in Wake County, NC — 60% of its own area is in the county.

Shaded by typical home value, it ranks 21 of the 30 with a value.

2 school locations in 27592: 2 elementary.

In alphabetical order: Dixon Road Elementary, Willow Springs Elementary. Locations only — no ratings are shown here.

In January 2000 the typical home in 27592 was worth $157,071.

Values peaked at $418,854 in August 2022. The latest reading is −1.8% from that peak.

As of August 2026: $411,333, −0.2% over twelve months.

Start with the typical home: $411,333. Put 20% down and borrow $329,066 at 7.40%, the 30-year fixed average as of October 8, 2026.

That is $2,278 a month in principal and interest.

The median household here earns $94,564 a year, $7,880 a month. So the payment takes 28.9% 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 11.0% in 2000.

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 $940.

In December 2020, with rates at 2.68%, it was $943.

By August 2026, at 6.67%, it was $2,116 — +124% since December 2020, while the home's value moved +41%.

Reported values rose +162% 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 $309,996. So the real change is +33%, not +162%.

27592: +162% since January 2000.

Wake County: +150% since January 2000.

North Carolina: +156% since January 2000 — 27592 ran ahead of it by 6 points.

Against 834 North Carolina ZIP codes, 27592 sits at the 49th percentile for affordability (price vs local income).

29th for appreciation (recent value growth); 60th for rental yield (rent vs price).

Owning the typical home costs about $2,690 a month once taxes and insurance (estimated at 1.2% of price a year) are added. Renting runs about $1,913 a month.

Price divided by a year's rent: 17.9. 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 37 a month (Redfin, 3-month rolling data through August 2026). That is 128% of the 2015–2019 level for the same months.

On the shelf — homes for sale at the end of the period: 100.

Going out — closed sales: about 38 a month. That is 116% of the 2015–2019 level for the same months. The drain is drawn 11% narrower: the share of homes for sale that sell each month is 89% of its 2015–2019 level.

The ladder: homes for sale ÷ monthly sales = 2.7 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 1 more homes sold than came on each month, so inventory is shrinking. The basin is draining.

Homes sold: about 38 a month in August 2026 (Redfin).

The 2015–2019 level for the same month was 29 — so sales ran at 131% of it, and below it in 14 of the last 24 months.

Across Wake County, builders pulled permits for 13,806 new homes in 2025.

Of those, 61% were in 1-unit buildings (the Census Bureau's category for detached and attached single homes).

This ZIP sits in Wake County. IRS tax returns for 2022-2023: among the ten counties sending the most households, 11,259 moved in. Among the ten receiving the most, 13,949 moved out.

Net across those counties: −2,690 households. Beside it, homes for sale in this ZIP: 100 in June 2026.

Most arrivals came from Durham, NC (3,599 households); most departures went to Durham, NC (3,465).