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Royal Pines CDP, NC

ZIP 28704 — Housing & Real Estate

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

Middle ClassLow Snow AreaRemote Work Hub

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 28704

Median Home Value
$343,600
Median Rent
$1,268
Affordability Snapshot
$95,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$2,207/mo PITI).

19%
Rent-to-Income Ratio

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

4.3x
Home Price-to-Income Ratio

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

22.6 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 28704 in Royal Pines CDP, NC, a household would need roughly $95,000 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 $2,207. That is about 20% above the local median household income ($79,088), 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 25% — check local market conditions.

Heating Fuel
Housing Metrics
Owner Occupied
59.6%-9% vs US avg
x
Vacancy Rate
25.0%+143% vs US avg
x
Broadband Access
89.3%+3% vs US avg
x
4+ Bedrooms
3.6%-76% vs US avg
x
Built Pre-1939
1.3%-90% vs US avg
x
Built Post-2014
5.3%-23% vs US avg
x
Rent Burden >30%
17.0%-66% vs US avg
x
Mortgage-Free
30.0%-22% vs US avg
x
$343,600
Home Value
$1,268
Rent
1999
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 detached52.5%
  • 1-unit attached3.5%
  • 2-9 units19.0%
  • 10+ units15.8%
  • Mobile home & other9.3%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$343,600
Median rent$1,268
Owner-occupied59.6%
Vacant25.0%
Price-to-income4.3x
Est. income to buy$95,000