Real Estate Investing in Williamston, North Carolina (27892)

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

Martin County • Population: 13,387 • Data updated: September 2026

☆ Watch this market Free account

Should you buy in 27892 (Williamston, NC)? Our answer, based on the numbers below.

🏠 For Homebuyers
MIXED
Grade C (65/100)

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

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

A cash-flow market — rent-to-price math works from day one, though value growth is modest. Great for income-focused investors.

⚠️ Risks to Know
1 flag
  • High vacancy: 14.8% of homes vacant — above national norms.

• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.

What’s happening in Williamston, NC (27892)?

Click any question — our AI will research it live from the web and show you sources.

✨ Live AI + Web Search
Want to ask your own questions? Upgrade to Pro for unlimited custom queries.
3.0/ 5

Investability

Overall investment appeal

2.0/ 5

Appreciation

Long-term value growth

4.0/ 5

Cashflow ROI

Rental yield potential

Avg Home Value $134,152
Avg Monthly Rent $855
1% Rule ✗ Does Not Meet
Median Income $46,425
% Renters 34.3%

Market Analysis: 27892 Williamston

Investors eyeing 27892 need to respect the fundamentals at play. Home values of $134K come alongside slower price movement and elevated management overhead.

The 27892 ZIP can work — but only with a tight operating hand. Remote landlords and passive investors tend to struggle here more than the underwriting suggests.

In the broader NC picture, 27892 is a reminder that not every low-priced ZIP is a value-add opportunity — some are simply distressed, and the difference matters.

Employment concentration in 27892 leans toward sectors with higher volatility. The demographic consequence is income fluctuation that investors need to factor into their pro forma.

The 27892 ZIP fits a narrow investor profile — hands-on, patient, and willing to accept that the cap rate on paper is not the cap rate in reality.

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 Williamston:

C+ Average
Buy Confidence Score: 68/100
Affordability
20/25
Appreciation
14/25
Stability
11/20
Timing
8/15
Rental backup
15/15
Affordability
Affordable
Homes cost 2.9× the median income
Value Trend
Rising (+8.5%)
How home values changed in the past year
Rental Backup
Strong
Could rent for $855/mo if you need to move
Market Conditions
BALANCED
Even conditions for buyers and sellers
Bottom Line: Mixed signals in this market. Research specific properties carefully and be prepared to negotiate.
🏠

Property Strategy for 27892

Which property type performs best in this market?

Best for Cash Flow
2BR
9.3% cap rate
Best for Appreciation
4BR
+6.4% 5yr CAGR
Best Overall Value
5BR
$34,155/bedroom
📊 Compare All Property Types →
Type Median Value Est. Rent Cap Rate 5yr CAGR $/Bedroom
2BR $73,243 $950 9.3% $36,621
3BR $132,111 $1,250 6.8% +4.7% $44,037
4BR $173,021 $1,260 5.2% +6.4% $43,255
5BR $170,777 $34,155

Market Trends

Home Value History (with trend line)

$141K$126K$112K$98K$84K$70KJun 2006Jul 2016Jul 2026

📊 How Does 27892 Compare?

Metric 27892 Williamston North Carolina
Home Value $134,152 $134,152 $330,565
5-Year CAGR 2.8% 2.8% 7.8%
Avg Rent $855 $855 -
Cap Rate 5.0% 5.0% -
💡 Why Invest in 27892? Click to expand

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

📊 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.
Open the Market Finder →
Free to search · investor plans from $19/mo

Landlord Ground Truth

Real numbers from people who own or manage rentals in ZIP 27892 (Williamston, NC). Anonymous, moderated, never written by AI.

Do you own or manage rentals in ZIP 27892 (Williamston, NC)?

~25 seconds · no account needed · your report is anonymous

Investability
Good
Cap Rate
5.0%
Fair
5yr Growth
+2.8%
Slow

📊 Market Snapshot

Home Value $134,152
Monthly Rent $855
Price-to-Rent 13.1:1
1% Rule ✗ Fails

💰 Return Metrics

Gross Yield 7.7%
Cap Rate 5.0%
5-Year IRR 7.7%

📈 Home Appreciation

1-Year +8.5% ▲
3-Year CAGR -0.3% ▼
5-Year CAGR +2.8% ▲
10-Year CAGR +5.0% ▲

🏠 Rent Trends

1-Year N/A
3-Year CAGR N/A
5-Year CAGR N/A
Negative Leverage — IRR / Tax Play Cap Rate: 5.0%  |  30yr Rate: 6.8%
Leverage reduces cash returns at current rates.

The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (5.0%). 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
14.8%
Moderate risk
Landlord Climate
4.0/5
Friendly
Value Trend (5yr)
+2.8%
Stable
Eviction process: Moderate Rent control: Favorable

Demographics in 27892

Population: 13,387

💰 Median Household Income
$46,425
This area
$46,425
State
$63,256
USA
$74,580
🏠 Renter Occupied
34.3%
This area
34.3%
State
27.8%
USA
34.0%
💼 Unemployment Rate
6.0%
This area
6.0%
State
-19.3%
USA
3.7%
🎓 College Educated
17.2%
This area
17.2%
State
0.5%
USA
33.7%
👤 Median Age
44.2 years
This area
44.2 years
State
6.5 years
USA
38.9 years
🏚️ Vacancy Rate
14.8%
This area
14.8%
State
19.4%
USA
10.5%
👥 Population by Ethnicity
White 54.2%
Black/African American 38.1%
Other/Mixed 7.0%
Hispanic/Latino 5.4%
Asian 0.8%
👶 Under 18
21.5%
This area
21.5%
USA
22.0%
👴 65 and Over
23.3%
This area
23.3%
USA
17.3%
📊 Poverty Rate
19.2%
This area
19.2%
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 27892

B+ Avg School Grade
5 Schools
15.1:1 Avg Class Size
$15,949 Avg Per Pupil

Schools in This ZIP Code

A Very Good

Rodgers Elementary

📚 K – 05 Elementary
👥
211 Students
👨‍🏫
12.0:1 Class Size
💰
$15,949 Per Student
A Very Good

Williamston Primary

📚 Pre-K – 02 Elementary
👥
362 Students
👨‍🏫
13.9:1 Class Size
💰
$15,949 Per Student
B+ Above Average

Riverside Middle

📚 06 – 08 Middle
👥
340 Students
👨‍🏫
15.5:1 Class Size
💰
$15,949 Per Student
B+ Above Average

E J Hayes Elementary

📚 03 – 05 Elementary
👥
263 Students
👨‍🏫
15.5:1 Class Size
💰
$15,949 Per Student
B Good

Riverside High

📚 09 – 12 High School
👥
470 Students
👨‍🏫
18.7:1 Class Size
💰
$15,949 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

1 Nearby 272 Off-Campus Students
C
Martin Community College
819 students · 2.1 mi

Frequently Asked Questions

Are rents high in Williamston, NC?

Investors in Williamston, NC typically see rents near $855/mo per month against $134K home values - a solid setup for rental cash flow.

Is Williamston, NC a friendly market for rental owners?

Landlord-friendliness in Williamston, NC is landlord-friendly. Eviction timelines and lease enforcement are considered reasonable by most property managers.

How strong is Williamston, NC for real estate investors?

Williamston, NC registers an investability rating of 3.0/5, with median home values near $134K and average rents around $855/mo. That combination puts it in the sturdy tier for investor interest.

What is the rental occupancy rate in Williamston, NC?

Williamston, NC carries elevated vacancy risk. Expect stable absorption at market rents of $855/mo.

Is Williamston, NC good for house hacking?

House hacking in Williamston, NC is reasonable to execute. Prices around $134K and rents of $855/mo solid owner-occupant economics.

You know 27892 now. You don’t know where it ranks.

This page stays free — all of it. What one page can’t tell you is how 27892 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.

Compare Plans
🤖

AI Market Advisor

Ask questions about investing in 27892 (Williamston)

Loading...

Community Ratings

What people who’ve spent time here actually say. Not paid reviews.

Be the first to rate 27892 (Williamston, NC).

It takes 30 seconds. No signup. Your rating helps everyone who comes here after you.