Real Estate Investing in Randleman, North Carolina (27317)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 27317 (Randleman, NC)? Our answer, based on the numbers below.
Mixed signals — some positives, some negatives. Worth considering but not a slam-dunk.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- Elevated vacancy: 8.1% vacancy may signal weakening demand.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Randleman, NC (27317)?
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Market Analysis: 27317 Randleman
ZIP 27317 in Randleman, NC carries a robust set of headwinds. Home values near $263K and rents of $945/mo sit inside a market where underwriting has to be tight.
Meanwhile, the numbers look inviting — $263K purchase price, 0.0% nominal cap — the work to hit that pro forma in 27317 is substantial and deserves full respect.
Within NC, ZIP 27317 trails on several market indicators that neighboring Randolph County submarkets outperform. The gap is real and sturdy enough to shape underwriting.
A healthy renter share of 21% in 27317 is not, on its own, a problem — but paired with below-average income and high mobility, it changes the operating playbook.
Distressed ZIPs reward experience. robust returns are possible in 27317, but they flow to investors who already understand how to operate in soft markets.
Here's what matters if you're considering buying a home in Randleman:
Property Strategy for 27317
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $194,195 | $1,050 | 3.9% | +8.9% | $97,098 |
| 3BR | $263,383 | $1,340 | 3.7% | +9.0% | $87,794 |
| 4BR | $286,903 | $1,550 | 3.9% | +7.9% | $71,726 |
Market Trends
Home Value History (with trend line)
📊 How Does 27317 Compare?
| Metric | 27317 | Randleman | Greensboro-High Point, NC | North Carolina |
|---|---|---|---|---|
| Home Value | $263,137 | $263,137 | N/A | $330,565 |
| 5-Year CAGR | 5.6% | 5.6% | N/A | 7.8% |
| Avg Rent | $945 | $945 | N/A | - |
| Cap Rate | 2.8% | 2.8% | - | - |
Similar ZIPs Within 25 Miles
Compare other nearby markets to see if a neighbor offers a better fit.
Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 27317 (Randleman, NC). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $263,137 |
| Monthly Rent | $945 |
| Price-to-Rent | 23.2:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 4.3% |
| Cap Rate | 2.8% |
| 5-Year IRR | 8.4% |
📈 Home Appreciation
| 1-Year | +6.5% ▲ |
| 3-Year CAGR | +4.8% ▲ |
| 5-Year CAGR | +5.6% ▲ |
| 10-Year CAGR | +7.2% ▲ |
🏠 Rent Trends
| 1-Year | N/A |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (2.8%). Financing reduces your cash-on-cash return below the cap rate. Markets like this may still make sense as IRR plays — factoring in appreciation, depreciation, and a future refinance when rates drop.
Run an IRR Analysis →⚠️ Risk Signals
Composite view of factors that can impact a ZIP's stability and your downside risk.
Demographics in 27317
Population: 17,769
Crime & Safety
Crime & Safety Data Coming Soon
We're integrating comprehensive crime statistics including violent crime rates, property crime, and safety scores to help you make informed investment decisions.
Expected: Q1 2025
🎓 Schools in 27317
Schools in This ZIP Code
About Repit School Scores
Traditional school ratings rely heavily on standardized test scores, which often reflect family income more than school quality. Repit takes a different approach.
We evaluate schools based on factors that research shows actually impact educational outcomes:
- Class Size — Smaller classes mean more individual attention
- School Funding — Resources available for programs, staff, and facilities
- Community Factors — Neighborhood characteristics that influence student success
- School Environment — Size, type, and structure
Scores are updated annually using federal education data.
🎓 Nearby Colleges & Universities
Investor Insight: With 7,282 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
How do home values compare in Randleman, NC?
Randleman, NC median home values land near $263K. That is reasonable territory for investors looking at $945/mo-per-month rentals.
Is it easy to find good tenants in Randleman, NC?
Randleman, NC draws a steady base of working renters. Demand at the $945/mo rent level is reasonable for standard single-family and small multi rentals.
Can I house hack in Randleman, NC?
For house hackers, Randleman, NC is a challenging. The $945/mo rent on a unit helps defray the mortgage on a $263K property.
How much rent can I charge in Randleman, NC?
The typical rental in Randleman, NC commands about $945/mo monthly. That rent profile steady cash flow against the $263K purchase basis.
How high is vacancy risk in Randleman, NC?
Randleman, NC vacancy trends elevated. Investors running standard buy-and-hold plays see reasonable downtime between tenants.
You know 27317 now. You don’t know where it ranks.
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How 27317 ranks in Greensboro-High Point, NC
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