28360, Lumberton, NC

The 28360 zip code of Lumberton, NC is located in the southeastern corner of the state and includes a population of around 33,000. The median household income in this zip code is $50,000 and the median home value is $130,000. The average home equity loan amount in this zip code is $101,500 and the average home price appreciation rate over the past five years has been 10%.

There are a number of factors that have contributed to the high home values in this zip code. First, Lumberton is a growing city with many new homes being built. Second, there is a strong demand for housing due to its close proximity to major cities such as Charlotte and Raleigh. Third, Lumberton has low unemployment rates which makes it an attractive place to live. Finally, Lumberton has a strong economy with many jobs located in the area.

Despite these positive factors, there are some risks associated with buying or owning a home in Lumberton. First, interest rates are currently very low which could make it difficult for homeowners to pay off their mortgages over time. Second, there may be increased demand for homes during periods of economic recession which could lead to higher prices and decreased availability of homes for sale. Finally, although crime rates are relatively low in Lumberton compared to other parts of the country, there is still potential for theft or vandalism if you do not take precautions such as installing security systems