27583 — Person County, North Carolina Market Snapshot
Housing market data for zip code 27583 in Person County, North Carolina. Updated monthly with median prices, days on market, and more.
Market Sales Data
22 sales in 2026 (year to date)
Median Sale Price
$392,500
Days to Sell
19
Homes Sold
22
Inventory
9
Sale-to-List
99.2%
New Listings
21
Price/SqFt
$217
Pending Sales
23
Conforming Loan Available
Most homebuyers in 27583 can comfortably use conventional financing. The median home price of $392,500 is well below the 2026 conforming loan limit of $832,750, meaning buyers can put as little as 3-5% down without hitting jumbo loan territory.
Market Insights
Market Temperature
Homes in 27583 are moving quickly at 19 days on market, indicating healthy buyer demand. Well-priced homes are likely seeing multiple offers.
Sale-to-List Ratio
Homes are selling very close to asking price in 27583 (99.2% sale-to-list ratio), indicating accurate pricing by sellers and steady demand.
Conforming Loan Feasibility
Most homebuyers in 27583 can comfortably use conventional financing. The median home price of $392,500 is well below the 2026 conforming loan limit of $832,750, meaning buyers can put as little as 3-5% down without hitting jumbo loan territory.
Loan limits in 27583 are set at the county level.
2026 Loan Limits — Person 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 27583
To purchase the median home at $392,500 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $3,157.
Monthly Payment
$3,157
Income Required
$135,309
Principal & Interest
$2,418/mo
Down Payment (5%)
$19,625
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 27583.
Estimated Monthly Payment
$2,579
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