27599 — Orange County, North Carolina Market Snapshot

Housing market data for zip code 27599 in Orange County, North Carolina. Updated monthly with median prices, days on market, and more.

Data as of March 2024

Limited Sales Data

Only 1 home sold in this ZIP code during the selected period. Statistics may not be representative. See the Orange County county page for broader data.

Market Sales Data

1 sales in 2024

Source: Redfin

Median Sale Price

$1,175,000

Closed sales

Days to Sell

61

Median, listing to close

Homes Sold

1

Closed in 2024

Inventory

N/A

Jumbo Loan Likely Needed

The median home in 27599 at $1,175,000 exceeds the 2026 conforming loan limit of $832,750 by $342,250. Most buyers here will need jumbo loans, which typically require higher credit scores, larger down payments, and come with different rate pricing.

Market Insights

Market Temperature

With homes sitting for 61 days on average, 27599 favors buyers. There may be opportunities to negotiate below asking price or request seller concessions for closing costs or rate buydowns.

Conforming Loan Feasibility

The median home in 27599 at $1,175,000 exceeds the 2026 conforming loan limit of $832,750 by $342,250. Most buyers here will need jumbo loans, which typically require higher credit scores, larger down payments, and come with different rate pricing.

Loan limits in 27599 are set at the county level.

2026 Loan Limits — Orange County

Property Units Conforming Limit FHA Limit
1 Unit$832,750$634,800
2 Units$1,066,250$812,650
3 Units$1,288,800$982,300
4 Units$1,601,750$1,220,800

Affordability Snapshot — Zip 27599

To purchase the median home at $1,175,000 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $9,152.

Monthly Payment

$9,152

Income Required

$392,249

Principal & Interest

$7,240/mo

Down Payment (5%)

$58,750

Based on 30-year fixed at 6.75%, 1.8% property tax, $1,800/yr insurance, 28% DTI guideline.

Mortgage Calculator

Estimate your monthly payment for a home in 27599.

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Estimated Monthly Payment

$7,422

Principal & Interest$6,097
Property Tax$1,175
Insurance$150
Loan Amount$940,000
Total Interest$1,254,855
Income Required$318,078/yr

Jumbo loan required. Loan amount exceeds the $832,750 conforming limit for 27599.

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