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ZIP 28402 — Housing & Real Estate

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Middle ClassRemote Work Hub

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 28402

Median Home Value
$489,800
Median Rent
$1,590
Affordability Snapshot
$135,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$3,146/mo PITI).

27%
Rent-to-Income Ratio

Below the 30% threshold — generally affordable for median earners.

6.9x
Home Price-to-Income Ratio

Well above the 3-5x guideline — challenging for first-time buyers.

25.7 yrs
Price-to-Rent Ratio

Years to break even buying vs renting at median home value and rent.

To comfortably buy a median-priced home in ZIP 28402, a household would need roughly $135,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $3,146. That is about 89% above the local median household income ($71,250), so the median earner would likely stretch or need a larger down payment. Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Vacancy rate 23% — check local market conditions.

Heating Fuel
Housing Metrics
Owner Occupied
27.1%-59% vs US avg
x
Vacancy Rate
22.6%+119% vs US avg
x
Broadband Access
81.8%-6% vs US avg
x
4+ Bedrooms
0.6%-96% vs US avg
x
Built Pre-1939
3.6%-72% vs US avg
x
Built Post-2014
10.5%+52% vs US avg
x
Rent Burden >30%
30.5%-39% vs US avg
x
Mortgage-Free
39.1%+2% vs US avg
x
$489,800
Home Value
$1,590
Rent
1949
Year Built
2019
Moved In

Residents have lived here since ~2019 on average

Housing Structure

Census ACS structure types (single-family, multi-unit, etc.).

  • 1-unit detached23.0%
  • 1-unit attached4.5%
  • 2-9 units20.9%
  • 10+ units50.4%
  • Mobile home & other1.3%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$489,800
Median rent$1,590
Owner-occupied27.1%
Vacant22.6%
Price-to-income6.9x
Est. income to buy$135,000