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, NC

ZIP 28702 — 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 28702

Median Home Value
$316,300
Median Rent
N/A
Affordability Snapshot
$87,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$2,032/mo PITI).

8.5x
Home Price-to-Income Ratio

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

To comfortably buy a median-priced home in ZIP 28702 in NC, a household would need roughly $87,000 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 $2,032. That is about 135% above the local median household income ($36,995), 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 59% — check local market conditions.

Heating Fuel
Housing Metrics
Owner Occupied
76.1%+16% vs US avg
x
Vacancy Rate
58.7%+470% vs US avg
x
Broadband Access
40.9%-53% vs US avg
x
4+ Bedrooms
1.8%-88% vs US avg
x
Built Pre-1939
3.6%-72% vs US avg
x
Built Post-2014
0.0%
x
Rent Burden >30%
100.0%+101% vs US avg
x
Mortgage-Free
70.3%+84% vs US avg
x
$316,300
Home Value
N/A
Rent
1995
Year Built
2004
Moved In

Residents have lived here since ~2004 on average

Housing Structure

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

  • 1-unit detached80.0%
  • 1-unit attached0.0%
  • 2-9 units0.0%
  • 10+ units0.0%
  • Mobile home & other20.0%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$316,300
Median rent$-666,666,666
Owner-occupied76.1%
Vacant58.7%
Price-to-income8.5x
Est. income to buy$87,000