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ZIP 28404
Housing & Real Estate

ZIP 28404 — Housing & Real Estate

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

Middle Class

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 28404

Median Home Value

$285,100

Median Rent

$1,649

Affordability Snapshot

$78,000

Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$1,831/mo PITI).

24%

Rent-to-Income Ratio

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

3.5x

Home Price-to-Income Ratio

Within the typical 3-5x range for home affordability.

14.4 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 28404, a household would need roughly $78,000 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 $1,831. That is roughly in line with the local median household income ($81,345). Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Mostly owner-occupied, low vacancy — stable housing market.

Heating Fuel

Housing Metrics

Owner Occupied

78.3%+20% vs US avg

Vacancy Rate

2.9%-72% vs US avg

Broadband Access

98.5%+13% vs US avg

4+ Bedrooms

4.3%-71% vs US avg

Built Pre-1939

0.0%

Built Post-2014

0.7%-91% vs US avg

Rent Burden >30%

45.3%-9% vs US avg

Mortgage-Free

24.6%-36% vs US avg

$285,100

Home Value

$1,649

Rent

2003

Year Built

2015

Moved In

Residents have lived here since ~2015 on average

Housing Structure

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

1-unit detached89.3%
1-unit attached2.6%
2-9 units0.0%
10+ units7.1%
Mobile home & other1.0%

ZIP 28404 — Housing & Real Estate

Housing & Real Estate in ZIP Code 28404

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