Housing Insights for ZIP Code 28428 (Carolina Beach, NC)

Housing Summary for ZIP Code 28428

Homeowners

The median home value in ZIP Code 28428 (Carolina Beach, NC) is $354,300. Approximately 64.6% of homes in this region are owner-occupied units, and the estimated homeowner vacancy rate is currently 3.6%.

The average occupancy of owner-occupied units in ZIP Code 28428 is 2.20 occupants, while owner-occupied units have an aggregate average size of 2.62 bedrooms per housing unit.

Renters

In the 28428 ZIP Code, an estimated 35.4% of all housing units are occupied by renters. This ZIP-defined region has is an estimated rental vacany rate of 23.7%.

Among renter-occupied units in this ZIP, the average occupancy is 2.14 occupants, while renters in this New Hanover County region spend an average of 0% of their income on housing rental costs.

Housing Stats for ZIP Code 28428

See the table below for a regional snapshot of data related to both owner-occupied housing and rentals in ZIP Code 28428.

ZIP 28428 North Carolina U.S.
Median Home Value $354,300 $339,288 $356,002
Owner-Occupied Housing Units 64.6% 65.2% 64.0%
Homeowner Vacancy Rate 3.6% 1.8% 1.6%
Average Size of Owner-Occupied Unit 2.20 2.57 2.70
Average # of Bedrooms Per Unit 2.62 2.84 2.75
Median Housing Rent $0 $907 $1,062
Renter-Occupied Housing Units 35.4% 34.8% 36.0%
Rental Vacancy Rate 23.7% 6.8% 6.0%
Average Size of Renter-Occupied Unit 2.14 2.43 2.49
Percent of Income Spent on Rent 0% 29.19% 29.83%

Home Values in ZIP Code 28428 (Carolina Beach, NC)

The median home value in ZIP Code 28428 is $354,300. That median value is about 105% higher than the median home value of $172,500 in North Carolina overall, and is 63% higher than the $217,500 the median home value in the entire U.S. About 46.1% of homes in ZIP Code 28428 are valued $300,000 to $499,999. That is 201% higher than in North Carolina, in which 15.3% of homes are valued at $300,000 to $499,999, and is about 139% higher than in the U.S. overall (19.3% of homes valued at $300,000 to $499,999). The home value range that the smallest portion of ZIP Code 28428 homes fall into is less than $50,000 (0.9% of homes).

Home Values in ZIP Code 28428

This chart visualizes the breakdown of home values in ZIP Code 28428, North Carolina, and also in the U.S. overall.

A bar chart visualizing the breakdown of home values in ZIP Code 28428 vs. home values in both the state of North Carolina and in the U.S. overall.

Home Values in ZIP Code 28428

See the table below for a regional comparison of home values in ZIP Code 28428.

Home Value ZIP 28428 North Carolina U.S.
Less than $50,000 0.9% 7.9% 6.9%
$50,000 to $99,999 1.8% 15.2% 12.0%
$100,000 to $149,999 5.8% 17.9% 13.3%
$150,000 to $199,999 1.9% 16.9% 14.0%
$200,000 to $299,999 24.8% 19.8% 19.6%
$300,000 to $499,999 46.1% 15.3% 19.3%
$500,000 to $999,999 15.0% 5.8% 11.4%
$1,000,000 or more 3.7% 1.2% 3.4%

Home Ages in ZIP Code 28428 (Carolina Beach, NC)

Approximately 30.3% of homes in this Carolina Beach, NC region were built in 1980 to 1989. This amount of homes built in 1980 to 1989 in ZIP Code 28428 is about 97% higher than percentage of homes built in this time period in North Carolina overall (15.4% of homes), and is 126% higher the percentage (13.4% of homes) in the U.S. as a whole. Additionally, an esimated 23.5% of local homes were built in 2000 to 2009. On the other end of the scale, just 2.4% of homes in this New Hanover County ZIP Code were built in 1939 or earlier in ZIP Code 28428. In comparison, 5.2% of homes in North Carolina overall were built in 1939 or earlier, while 12.6% of all U.S. homes were built in this time period.

Home Ages in ZIP Code 28428

A detailed regional comparison of home ages in ZIP Code 28428.

Year Built ZIP 28428 North Carolina U.S.
2014 or later 2.6% 3.3% 2.5%
2010 to 2013 3.5% 3.9% 2.7%
2000 to 2009 23.5% 19.4% 14.0%
1990 to 1999 18.5% 19.9% 13.9%
1980 to 1989 30.3% 15.4% 13.4%
1970 to 1979 6.0% 13.7% 15.2%
1960 to 1969 4.2% 8.9% 10.6%
1950 to 1959 6.2% 6.9% 10.3%
1940 to 1949 2.8% 3.5% 4.9%
1939 or earlier 2.4% 5.2% 12.6%

Age of Homes in ZIP Code 28428

See the chart below for details on the age of homes in ZIP Code 28428, North Carolina, and also in the U.S. overall. Data here refers to years that homes were built.

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Housing FAQs for ZIP Code 28428

Frequently asked questions about housing in this Carolina Beach, NC ZIP Code. Answers to questions about both owner-occupied housing and rental housing in 28428.

1

What is the average home value ZIP Code 28428?

The median home value in ZIP Code 28428 (Carolina Beach, NC) is $354,300.
2

Are homes expensive in ZIP Code 28428?

The median home value in 28428 ($354,300) is an estimated 105% higher than the aggregate median value of $172,500 in North Carolina, and is 63% higher than the $217,500 the median home value in the U.S. overall.
3

What are owner-occupied vacancy rates like in ZIP Code 28428?

The vacacy rate for owner-occupied housing in ZIP Code 28428 is 3.6%. This rate is 100% higher than the overall North Carolina owner-occupied vacancy rate of 1.8%. Additionally, the 28428 vacancy rate is 125% higher than the entire U.S. vacancy rate of 1.6%.
4

Does ZIP Code 28428 have older homes or newer construction?

In ZIP Code 28428, about 30.3% of homes were built in 1980 to 1989. That time range includes the most home construction. Also, 23.5% of homes in the region were built in 2000 to 2009. In contrast, 2.4% of homes in 28428 were built in 1939 or earlier.
5

What is the housing breakdown in ZIP Code 28428? Are there more rentals or owner-occupied units?

There is more owner-occupied housing in 28428 than renter-occupied housing. Owner-occupied units make up 64.6% of housing, compared to 35.4% for renter-occupied units.
6

Are rental vacancy rates high in ZIP Code 28428?

The vacacy rate for rental units in ZIP Code 28428 is 23.7%. This rate is 249% higher than the overall North Carolina vacancy rate of 6.8%. Additionally, the 28428 vacancy rate is 295% higher than the entire U.S. vacancy rate of 6.0%.