28570, Newport, NC

The 28570 zip code of Newport, NC has a median home value of $227,500. This is higher than the statewide median home value of $174,500 and the national median home value of $177,200. The 28570 zip code also has a higher percentage of homes with a mortgage than the statewide and national percentages. This indicates that homeowners in this area are more likely to have a mortgage than other homeowners in North Carolina and nationwide.

The 28570 zip code also has a high percentage of homes that are owned outright or with a loan-to-value (LTV) below 80%. This indicates that many homeowners in this area have access to affordable financing options. These financing options can help people buy homes they may not be able to afford on their own or can help them refinance their current home into something more affordable.

Overall, the home equity and home prices in the 28570 zip code are high relative to other areas in North Carolina and nationwide. These factors indicate that homeowners in this area have plenty of opportunities to purchase homes they want and need.