28383, Rowland, NC

The 28383 zip code of Rowland, NC is located in the southeastern corner of Alamance County and has a population of just over 10,000 people. The median household income in this zip code is just over $60,000, which is considerably higher than the national median household income of $53,046. However, despite this high level of income, home prices in this zip code are significantly lower than the national average.

According to data from Zillow®, the median home value in the 28383 zip code is $128,900. This represents a decrease of almost 20% from the peak value recorded in 2007 ($158,700). In addition to being significantly lower than the national average home value, Rowland homes are also much cheaper when compared to other nearby zip codes. For example, the median home value in ZIP Code 27278 (which includes parts of Raleigh and Cary) is $269,500. Meanwhile, the median home value in ZIP Code 28374 (which includes parts of Burlington and Graham) is $319,100.

Despite these low prices however, Rowland homes still face significant challenges when it comes to affordability. According to Zillow's® Home Value Index®, a single-family home in Rowland costs an estimated 9% more than a comparable home would cost if purchased within commuting distance of downtown Raleigh or Cary. Additionally,, while there are certainly areas within Rowland where housing costs are more affordable than they are elsewhere in Alamance County or North Carolina as a whole., on average rowlands homes remain substantially more expensive than typical housing marketplaces throughout most of their area..