28519, Bridgeton, NC

The 28519 zip code of Bridgeton, NC has a median home value of $129,000. This is significantly lower than the statewide median home value of $214,000. The 28519 zip code also has a low rate of home equity ownership, with only 36% of households owning their homes outright. This is in contrast to the statewide average of 54%. There are several factors that may contribute to this discrepancy:

1) The population in the 28519 zip code is more likely to be made up of individuals who are struggling financially. This could lead to lower home values as potential buyers are less likely to be able to afford a property on their own.

2) The 28519 zip code is located in one of the most economically challenged areas in North Carolina. This could lead to a higher rate of foreclosure and decreased demand for property ownership among residents.

3) Many people in the 28519 zip code are renters rather than homeowners, which could also contribute to lower home values. Renters tend to have less invested in their homes and are more likely to leave them if they experience difficulty paying rent or if they need to move for work or school.