27298 — Chatham County, North Carolina Market Snapshot
Housing market data for zip code 27298 in Chatham County, North Carolina. Updated monthly with median prices, days on market, and more.
Market Sales Data
36 sales in 2026 (year to date)
Median Sale Price
$313,500
Days to Sell
37
Homes Sold
36
Inventory
34
Sale-to-List
98.5%
New Listings
47
Price/SqFt
$206
Pending Sales
40
Conforming Loan Available
Most homebuyers in 27298 can comfortably use conventional financing. The median home price of $313,500 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
27298's market is balanced with homes taking an average of 37 days to sell. Buyers have some negotiating room without the pressure of bidding wars.
Sale-to-List Ratio
Homes are selling very close to asking price in 27298 (98.5% sale-to-list ratio), indicating accurate pricing by sellers and steady demand.
Conforming Loan Feasibility
Most homebuyers in 27298 can comfortably use conventional financing. The median home price of $313,500 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 27298 are set at the county level.
2026 Loan Limits — Chatham 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 27298
To purchase the median home at $313,500 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $2,552.
Monthly Payment
$2,552
Income Required
$109,369
Principal & Interest
$1,932/mo
Down Payment (5%)
$15,675
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 27298.
Estimated Monthly Payment
$2,090
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