Real Estate Investing in Edenton, North Carolina (27932)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 27932 (Edenton, NC)? Our answer, based on the numbers below.
Proceed carefully. Weak appreciation or affordability makes this a harder case for most buyers.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- High vacancy: 13.7% 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 Edenton, NC (27932)?
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Market Analysis: 27932 Edenton
ZIP 27932 in Edenton, NC carries a sturdy set of headwinds. Home values near $237K and rents of $1,107/mo sit inside a market where underwriting has to be tight.
The 27932 ZIP can work — but only with a tight operating hand. Remote landlords and passive investors tend to struggle here more than the underwriting suggests.
Regionally, 27932 sits on the difficult end of the NC spectrum. The a credible choice for read — for disciplined operators — is that pricing reflects the difficulty.
The demographic picture in 27932 includes headwinds that any investor should price in. Income distribution skews lower than Edenton averages, and tenant stability requires active management.
Experienced landlords with local relationships tend to find 27932 workable. Turnkey investors from out of state usually find the numbers do not hold up in practice.
Here's what matters if you're considering buying a home in Edenton:
Property Strategy for 27932
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 1BR | $146,550 | $940 | 4.6% | +6.2% | $146,550 |
| 2BR | $170,699 | $1,230 | 5.2% | +8.4% | $85,349 |
| 3BR | $248,818 | $1,480 | 4.3% | +8.6% | $82,939 |
| 4BR | $351,505 | $1,630 | 3.3% | +7.6% | $87,876 |
Market Trends
Home Value History (with trend line)
📊 How Does 27932 Compare?
| Metric | 27932 | Edenton | North Carolina |
|---|---|---|---|
| Home Value | $237,145 | $237,145 | $330,565 |
| 5-Year CAGR | 5.4% | 5.4% | 7.8% |
| Avg Rent | $1,107 | $1,107 | - |
| Cap Rate | 3.6% | 3.6% | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 27932 (Edenton, NC). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $237,145 |
| Monthly Rent | $1,107 |
| Price-to-Rent | 17.9:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 5.6% |
| Cap Rate | 3.6% |
| 5-Year IRR | 9.1% |
📈 Home Appreciation
| 1-Year | +5.3% ▲ |
| 3-Year CAGR | +1.6% ▲ |
| 5-Year CAGR | +5.4% ▲ |
| 10-Year CAGR | +6.0% ▲ |
🏠 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 (3.6%). 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 27932
Population: 12,784
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 27932
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.
Frequently Asked Questions
Is Edenton in NC worth investing in?
Investors tracking Edenton, NC will find a 3.0/5 rating supported by $237K median home values and $1,107/mo rents. That profile suits long-term holders targeting even-keeled returns.
What are rental rates like in Edenton, NC?
Average rent in Edenton, NC is approximately $1,107/mo per month. Against $237K home values that yields a reasonable rent-to-price ratio.
Is Edenton, NC landlord-friendly?
NC law landlord-friendly for landlords, and Edenton inherits those rules. Investors should still review local ordinances for rental licensing.
Is Edenton, NC better for rentals, flips, or BRRRR?
Edenton, NC investors pursuing careful cash-flow rentals with hands-on management. The underlying economics ($237K prices, $1,107/mo rents) make it a reasonable choice.
What kind of vacancy should I budget for in Edenton, NC?
Edenton, NC vacancy trends elevated. Investors running standard buy-and-hold plays see reasonable downtime between tenants.
You know 27932 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 27932 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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