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, NC

ZIP 28618 — Housing & Real Estate

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

Middle ClassLow Snow Area

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 28618

Median Home Value
$308,000
Median Rent
$763
Affordability Snapshot
$85,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$1,979/mo PITI).

15%
Rent-to-Income Ratio

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

4.9x
Home Price-to-Income Ratio

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

33.6 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 28618 in NC, a household would need roughly $85,000 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 $1,979. That is about 36% above the local median household income ($62,667), 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 34% — check local market conditions.

Heating Fuel
Housing Metrics
Owner Occupied
74.9%+15% vs US avg
x
Vacancy Rate
34.0%+230% vs US avg
x
Broadband Access
77.3%-11% vs US avg
x
4+ Bedrooms
1.7%-88% vs US avg
x
Built Pre-1939
4.0%-69% vs US avg
x
Built Post-2014
1.3%-81% vs US avg
x
Rent Burden >30%
41.3%-17% vs US avg
x
Mortgage-Free
37.8%-1% vs US avg
x
$308,000
Home Value
$763
Rent
1987
Year Built
2010
Moved In

Residents have lived here since ~2010 on average

Housing Structure

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

  • 1-unit detached80.7%
  • 1-unit attached0.4%
  • 2-9 units6.0%
  • 10+ units0.5%
  • Mobile home & other12.3%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$308,000
Median rent$763
Owner-occupied74.9%
Vacant34.0%
Price-to-income4.9x
Est. income to buy$85,000