28390, Spring Lake, NC

Home Equity and Home Prices in the 28390 Zip Code of Spring Lake, NC

The 28390 zip code of Spring Lake, NC has a median home value of $207,000. This is higher than the statewide median home value of $177,500. The 28390 zip code also has a higher than average home equity value of $141,000. This indicates that homeowners in this zip code have more equity in their homes than homeowners statewide.

The 28390 zip code has a lower than average home price to income ratio of 25%. This indicates that there are more affordable homes available in this zip code compared to other areas across North Carolina. Additionally, the 28390 zip code has a lower than average foreclosure rate of 2%. This indicates that there are fewer homes for sale that are currently being foreclosed on compared to other areas across North Carolina.

Overall, the 28390 zip code appears to be an area with high home values and low foreclosure rates. These factors may make it an attractive area for buyers or renters looking for stable housing prices and equity in their homes.