Real Estate Investing in Butner, North Carolina (27509)

Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.

Granville County • Population: 7,838 • Data updated: September 2026

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Should you buy in 27509 (Butner, NC)? Our answer, based on the numbers below.

🏠 For Homebuyers
MIXED
Grade C (66/100)

Mixed signals — some positives, some negatives. Worth considering but not a slam-dunk.

📈 For Investors
MIXED
3.0 / 5 (47/100)

A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.

⚠️ Risks to Know
1 flag
  • Elevated vacancy: 10.4% 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 Butner, NC (27509)?

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3.0/ 5

Investability

Overall investment appeal

3.0/ 5

Appreciation

Long-term value growth

3.0/ 5

Cashflow ROI

Rental yield potential

Avg Home Value $278,106
Avg Monthly Rent $1,179
1% Rule ✗ Does Not Meet
Median Income $67,859
% Renters 36.1%

Market Analysis: 27509 Butner

On the rental side, ZIP 27509 has challenges — vacancy pressure, softer price growth, and tenant stability concerns sit alongside the $278K median. It rewards specialists, not generalists.

Distressed does not mean uninvestable. It means the margin for error is thinner. ZIP 27509 rewards the prepared, punishes the overconfident, and leaves the math unchanged either way.

The gap between 27509 and stronger Butner ZIPs is not closing quickly. Investors should weight long-horizon assumptions accordingly.

Resident income in 27509 sits below the county median. That reality colors rent collection, vacancy, and reinvestment math in ways that outside investors often underestimate.

Strategically, 27509 can be a high-return sleeve of a diversified portfolio — but it should not be the whole portfolio, and it should not be someone's first deal.

Explore the Data — Click a Tab Below
🏦 Current 30-yr Fixed Mortgage Rate: 6.76% as of Sep 10 Source: Freddie Mac PMMS

Here's what matters if you're considering buying a home in Butner:

B Good
Buy Confidence Score: 71/100
Affordability
15/25
Appreciation
22/25
Stability
9/20
Timing
10/15
Rental backup
15/15
Affordability
Moderate
Homes cost 4.1× the median income
Value Trend
Stable (+2.5%)
How home values changed in the past year
Rental Backup
Strong
Could rent for $1,179/mo if you need to move
Market Conditions
COOL
More inventory, negotiating room for buyers
Bottom Line: Mixed signals in this market. Research specific properties carefully and be prepared to negotiate.
❄️
COOL MARKET
Durham-Chapel Hill, NC Metro Area
More inventory, negotiating room for buyers
61 days
Average time to sell
Slow
11.4%
Listings with price cuts
Few Cuts
0.0%
Sale price vs asking
Below Ask
0.0%
Income needed for mortgage
Affordable
📅 Market conditions as of August 29, 2026 — updated weekly from Durham-Chapel Hill, NC metro data

Market Trends

Home Value History (with trend line)

$297K$256K$215K$173K$132K$91KJul 2006Jul 2016Jul 2026

📊 How Does 27509 Compare?

Metric 27509 Butner Durham-Chapel Hill, NC North Carolina
Home Value $278,106 $278,106 N/A $330,565
5-Year CAGR 5.9% 5.9% N/A 7.8%
Avg Rent $1,179 $1,179 N/A -
Cap Rate 3.3% 3.3% - -
💡 Why Invest in 27509? Click to expand

With a 3/5 investability rating, this ZIP shows solid fundamentals for buy-and-hold investors.

A healthy rental market with 36% renter-occupied households ensures tenant availability.

📊 See where this ZIP ranks in our Best-of lists →
A great house in the wrong ZIP is still a bad deal — screen every market by cash flow & cap rate.
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Landlord Ground Truth

Real numbers from people who own or manage rentals in ZIP 27509 (Butner, NC). Anonymous, moderated, never written by AI.

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Investability
Good
Cap Rate
3.3%
Low
5yr Growth
+5.9%
Moderate

📊 Market Snapshot

Home Value $278,106
Monthly Rent $1,179
Price-to-Rent 19.7:1
1% Rule ✗ Fails

💰 Return Metrics

Gross Yield 5.1%
Cap Rate 3.3%
5-Year IRR 9.2%

📈 Home Appreciation

1-Year +2.5% ▲
3-Year CAGR +2.1% ▲
5-Year CAGR +5.9% ▲
10-Year CAGR +8.3% ▲

🏠 Rent Trends

1-Year N/A
3-Year CAGR N/A
5-Year CAGR N/A
Negative Leverage — IRR / Tax Play Cap Rate: 3.3%  |  30yr Rate: 6.8%
Leverage reduces cash returns at current rates.

The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (3.3%). 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.

Vacancy
10.4%
Moderate risk
Landlord Climate
4.0/5
Friendly
Value Trend (5yr)
+5.9%
Stable
Eviction process: Moderate Rent control: Favorable

Demographics in 27509

Population: 7,838

💰 Median Household Income
$67,859
This area
$67,859
State
$63,256
USA
$74,580
🏠 Renter Occupied
36.1%
This area
36.1%
State
27.8%
USA
34.0%
💼 Unemployment Rate
1.8%
This area
1.8%
State
-19.3%
USA
3.7%
🎓 College Educated
10.6%
This area
10.6%
State
0.5%
USA
33.7%
👤 Median Age
43.2 years
This area
43.2 years
State
6.5 years
USA
38.9 years
🏚️ Vacancy Rate
10.4%
This area
10.4%
State
19.4%
USA
10.5%
👥 Population by Ethnicity
White 45.7%
Black/African American 42.6%
Other/Mixed 11.6%
Hispanic/Latino 8.9%
Asian 0.1%
👶 Under 18
10.3%
This area
10.3%
USA
22.0%
👴 65 and Over
16.9%
This area
16.9%
USA
17.3%
📊 Poverty Rate
6.8%
This area
6.8%
USA
11.5%

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 27509

B+ Avg School Grade
2 Schools
15.4:1 Avg Class Size
$12,663 Avg Per Pupil

Schools in This ZIP Code

B+ Above Average

Butner-Stem Elementary

📚 Pre-K – 05 Elementary
👥
516 Students
👨‍🏫
14.1:1 Class Size
💰
$12,663 Per Student
B Good

Butner-Stem Middle

📚 06 – 08 Middle
👥
403 Students
👨‍🏫
16.7:1 Class Size
💰
$12,663 Per Student
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

6 Nearby 1,232 Off-Campus Students
C
Bull City Durham Beauty and Barber College
32 students · 11.6 mi
C
Watts College of Nursing
134 students · 11.6 mi
C+
Elevate Salon Institute
85 students · 11.6 mi
C
Durham Technical Community College
4,354 students · 12.2 mi
A
Duke University
17,112 students · 12.6 mi
C+
North Carolina Central University
7,965 students · 12.7 mi

Investor Insight: With 1,232 students living off-campus nearby, this area has strong rental demand from the college population.

Frequently Asked Questions

How should investors approach Butner, NC?

In Butner, NC the impressive play is typically careful cash-flow rentals with hands-on management. The combination of $278K prices and $1,179/mo rents suits that approach.

Does Butner, NC favor landlords or tenants?

Rental owners in Butner, NC deal with a landlord-friendly legal framework. Most standard eviction processes run on reasonable timelines.

How do home values compare in Butner, NC?

In Butner, NC the median home value sits at $278K. Against the broader NC market, that reads as reasonable for most investors.

Is Butner, NC a good market for FHA house hackers?

Butner, NC is a a challenging market for house hackers. FHA or conventional owner-occupant buyers find the $278K price point reasonable to enter.

Does Butner, NC make sense for an investment property?

With a 3.0/5 investability score, Butner, NC ranks as a solid market for rental property investors. Median prices of $278K and rents of $1,179/mo drive the underlying numbers.

You know 27509 now. You don’t know where it ranks.

This page stays free — all of it. What one page can’t tell you is how 27509 compares to every other market. Investor ($19/mo) screens every U.S. ZIP by cap rate, the 1% rule, vacancy and landlord climate, and exports your shortlist.

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How 27509 ranks in Durham-Chapel Hill, NC

Every ZIP in this metro, ranked. Free.

Cash Flow → Appreciation → Affordable →
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