US5.com
  1. Home
  2. States
  3. North Carolina
  4. ZIP 28673
  5. Housing & Real Estate
Lake Norman of Catawba CDP, NC

ZIP 28673 — 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 28673

Median Home Value
$447,200
Median Rent
$798
Affordability Snapshot
$123,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$2,873/mo PITI).

10%
Rent-to-Income Ratio

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

4.5x
Home Price-to-Income Ratio

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

46.7 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 28673 in Lake Norman of Catawba CDP, NC, a household would need roughly $123,000 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 $2,873. That is about 24% above the local median household income ($99,036), 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 15% — check local market conditions.

Heating Fuel
Housing Metrics
Owner Occupied
88.9%+36% vs US avg
x
Vacancy Rate
14.8%+44% vs US avg
x
Broadband Access
89.1%+2% vs US avg
x
4+ Bedrooms
4.4%-70% vs US avg
x
Built Pre-1939
4.5%-65% vs US avg
x
Built Post-2014
1.7%-76% vs US avg
x
Rent Burden >30%
4.1%-92% vs US avg
x
Mortgage-Free
48.4%+27% vs US avg
x
$447,200
Home Value
$798
Rent
1996
Year Built
2007
Moved In

Residents have lived here since ~2007 on average

Housing Structure

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

  • 1-unit detached84.1%
  • 1-unit attached7.1%
  • 2-9 units0.0%
  • 10+ units2.4%
  • Mobile home & other6.4%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$447,200
Median rent$798
Owner-occupied88.9%
Vacant14.8%
Price-to-income4.5x
Est. income to buy$123,000