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, NC

ZIP 28623 — Housing & Real Estate

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

Working ClassLow Snow Area

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 28623

Median Home Value
$181,400
Median Rent
$519
Affordability Snapshot
$50,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$1,165/mo PITI).

14%
Rent-to-Income Ratio

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

4.0x
Home Price-to-Income Ratio

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

29.1 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 28623 in NC, a household would need roughly $50,000 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 $1,165. That is roughly in line with the local median household income ($45,114). Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Vacancy rate 29% — check local market conditions.

Heating Fuel
Housing Metrics
Owner Occupied
83.7%+28% vs US avg
x
Vacancy Rate
29.2%+183% vs US avg
x
Broadband Access
91.1%+5% vs US avg
x
4+ Bedrooms
3.8%-75% vs US avg
x
Built Pre-1939
2.7%-79% vs US avg
x
Built Post-2014
0.0%
x
Rent Burden >30%
17.8%-64% vs US avg
x
Mortgage-Free
41.8%+9% vs US avg
x
$181,400
Home Value
$519
Rent
1986
Year Built
2009
Moved In

Residents have lived here since ~2009 on average

Housing Structure

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

  • 1-unit detached71.8%
  • 1-unit attached1.1%
  • 2-9 units0.0%
  • 10+ units0.0%
  • Mobile home & other27.1%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$181,400
Median rent$519
Owner-occupied83.7%
Vacant29.2%
Price-to-income4.0x
Est. income to buy$50,000