Real Estate Investing in Goldsboro, North Carolina (27534)

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

Wayne County • Population: 31,340 • Data updated: September 2026

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Should you buy in 27534 (Goldsboro, NC)? Our answer, based on the numbers below.

🏠 For Homebuyers
GOOD FIT
Grade B (73/100)

Solid choice — values are growing steadily and the market is stable enough to buy with confidence.

📈 For Investors
MIXED
3.0 / 5 (52/100)

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: 8.3% vacancy may signal weakening demand.

What’s happening in Goldsboro, NC (27534)?

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3.0/ 5

Investability

Overall investment appeal

3.0/ 5

Appreciation

Long-term value growth

4.0/ 5

Cashflow ROI

Rental yield potential

Avg Home Value $219,886
Avg Monthly Rent $1,479
1% Rule ✗ Does Not Meet
Median Income $56,745
% Renters 47.8%

Market Analysis: 27534 Goldsboro

ZIP 27534 in Goldsboro, NC carries a healthy set of headwinds. Home values near $220K and rents of $1,479/mo sit inside a market where underwriting has to be tight.

If the plan assumes clean turnover, on-time rent, and low maintenance on a $220K asset, 27534 is the wrong submarket. If the plan prices in friction, the yield can still work.

The gap between 27534 and stronger Goldsboro ZIPs is not closing quickly. Investors should weight long-horizon assumptions accordingly.

A robust renter share of 48% in 27534 is not, on its own, a problem — but paired with below-average income and high mobility, it changes the operating playbook.

Strategically, 27534 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 Goldsboro:

B Good
Buy Confidence Score: 71/100
Affordability
15/25
Appreciation
22/25
Stability
13/20
Timing
6/15
Rental backup
15/15
Affordability
Moderate
Homes cost 3.9× the median income
Value Trend
Rising (+3.0%)
How home values changed in the past year
Rental Backup
Strong
Could rent for $1,479/mo if you need to move
Market Conditions
WARM
Seller-favorable conditions, steady activity
Bottom Line: Mixed signals in this market. Research specific properties carefully and be prepared to negotiate.
☀️
WARM MARKET
Goldsboro, NC Metro Area
Seller-favorable conditions, steady activity
0 days
Average time to sell
Very Fast
9.3%
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 Goldsboro, NC metro data
🏠

Property Strategy for 27534

Which property type performs best in this market?

Best for Cash Flow
2BR
7.7% cap rate
Best for Appreciation
3BR
+8.6% 5yr CAGR
Best Overall Value
2BR
$68,098/bedroom
📊 Compare All Property Types →
Type Median Value Est. Rent Cap Rate 5yr CAGR $/Bedroom
2BR $136,197 $1,450 7.7% +8.5% $68,098
3BR $232,314 $1,740 5.4% +8.6% $77,438
4BR $336,864 $2,350 5.0% +7.7% $84,216
5BR $393,632 +7.9% $78,726

Market Trends

Home Value History (with trend line)

$233K$208K$184K$159K$135K$110KJul 2006Jul 2016Jul 2026

Rent History (with trend line)

$1,541$1,511$1,481$1,452$1,422$1,392Mar 2025Nov 2025Jul 2026

📊 How Does 27534 Compare?

Metric 27534 Goldsboro Goldsboro, NC North Carolina
Home Value $219,886 $79,869 N/A $330,565
5-Year CAGR 5.4% 4.9% N/A 7.8%
Avg Rent $1,479 $1,452 N/A -
Cap Rate 5.3% 5.7% - -
💡 Why Invest in 27534? Click to expand

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

A healthy rental market with 48% 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 27534 (Goldsboro, NC). Anonymous, moderated, never written by AI.

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Investability
Good
Cap Rate
5.3%
Fair
5yr Growth
+5.4%
Moderate

📉 Market Crash Risk Index

Based on Goldsboro, NC metro

1/10
Low Risk
Price YoY
0/3
N/A
Rent YoY
0/2
N/A
Below List
1/3
55%
Days Pending
0/2
0 days

View all metro crash risk rankings →

📊 Market Snapshot

Home Value $219,886
Monthly Rent $1,479
Price-to-Rent 12.4:1
1% Rule ✗ Fails

💰 Return Metrics

Gross Yield 8.1%
Cap Rate 5.3%
5-Year IRR 10.6%

📈 Home Appreciation

1-Year +3.0% ▲
3-Year CAGR +1.2% ▲
5-Year CAGR +5.4% ▲
10-Year CAGR +5.4% ▲

🏠 Rent Trends

1-Year -0.9% ▼
3-Year CAGR N/A
5-Year CAGR N/A
Negative Leverage — IRR / Tax Play Cap Rate: 5.3%  |  30yr Rate: 6.8%
Leverage reduces cash returns at current rates.

The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (5.3%). 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
8.3%
Moderate risk
Landlord Climate
4.0/5
Friendly
Value Trend (5yr)
+5.4%
Stable
Eviction process: Moderate Rent control: Favorable

Demographics in 27534

Population: 31,340

💰 Median Household Income
$56,745
This area
$56,745
State
$63,256
USA
$74,580
🏠 Renter Occupied
47.8%
This area
47.8%
State
27.8%
USA
34.0%
💼 Unemployment Rate
2.1%
This area
2.1%
State
-19.3%
USA
3.7%
🎓 College Educated
27.3%
This area
27.3%
State
0.5%
USA
33.7%
👤 Median Age
39.0 years
This area
39.0 years
State
6.5 years
USA
38.9 years
🏚️ Vacancy Rate
8.3%
This area
8.3%
State
19.4%
USA
10.5%
👥 Population by Ethnicity
White 53.8%
Black/African American 34.3%
Other/Mixed 10.1%
Hispanic/Latino 5.8%
Asian 1.9%
👶 Under 18
20.6%
This area
20.6%
USA
22.0%
👴 65 and Over
18.4%
This area
18.4%
USA
17.3%
📊 Poverty Rate
8.0%
This area
8.0%
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 27534

B Avg School Grade
9 Schools
16.2:1 Avg Class Size
$12,270 Avg Per Pupil

Schools in This ZIP Code

B+ Above Average

Greenwood Middle

📚 05 – 08 School
👥
359 Students
👨‍🏫
14.3:1 Class Size
💰
$12,270 Per Student
B+ Above Average

Meadow Lane Elementary

📚 Pre-K – 04 Elementary
👥
713 Students
👨‍🏫
14.0:1 Class Size
💰
$12,270 Per Student
B+ Above Average

Spring Creek Elementary

📚 Pre-K – 04 Elementary
👥
823 Students
👨‍🏫
14.7:1 Class Size
💰
$12,270 Per Student
B Good

Eastern Wayne Elementary

📚 Pre-K – 05 Elementary
👥
525 Students
👨‍🏫
15.4:1 Class Size
💰
$12,270 Per Student
B Good

Tommy's Road Elementary

📚 Pre-K – 05 Elementary
👥
569 Students
👨‍🏫
16.7:1 Class Size
💰
$12,270 Per Student
B Good

Eastern Wayne High

📚 09 – 12 High School
👥
806 Students
👨‍🏫
16.2:1 Class Size
💰
$12,270 Per Student
B Good

Eastern Wayne Middle

📚 06 – 08 Middle
👥
464 Students
👨‍🏫
18.2:1 Class Size
💰
$12,270 Per Student
C+ Average

Wayne STEM Academy

📚 K – 03 Elementary Charter
👥
191 Students
👨‍🏫
13.7:1 Class Size
C+ Average

Wayne Early / Middle College High

📚 09 – 13 High School
👥
232 Students
👨‍🏫
22.8:1 Class Size
💰
$12,270 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

2 Nearby 983 Off-Campus Students
C+
Wayne Community College
2,883 students · 3.1 mi
C
University of Mount Olive
2,128 students · 14.6 mi

Investor Insight: With 983 students living off-campus nearby, this area has strong rental demand from the college population.

Frequently Asked Questions

How tight is the rental market in Goldsboro, NC?

Vacancy in Goldsboro, NC is elevated, which keeps landlord downtime on reasonable timelines. Most properties lease within the standard window at $1,479/mo.

How strong is the working-renter base in Goldsboro, NC?

Goldsboro, NC offers a measured renter base at the $1,479/mo rent level. Tenant turnover is reasonable for well-managed properties.

What investment strategy works best in Goldsboro, NC?

A careful cash-flow rentals with hands-on management strategy Goldsboro, NC best. The market produces steady results for that approach at the $220K price point.

What does house hacking look like in Goldsboro, NC?

House hacking in Goldsboro, NC is reasonable to execute. Prices around $220K and rents of $1,479/mo solid owner-occupant economics.

How much rent can I charge in Goldsboro, NC?

Average rent in Goldsboro, NC is approximately $1,479/mo per month. Against $220K home values that yields a reasonable rent-to-price ratio.

You know 27534 now. You don’t know where it ranks.

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How 27534 ranks in Goldsboro, NC

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