28655, Morganton, NC

Morganton is a small town in the foothills of the Blue Ridge Mountains in North Carolina. The population was just over 10,000 as of 2010. The median household income was just over $50,000 as of 2010.

The 28655 zip code has a median home value of just over $130,000 as of May 2016. This is significantly lower than the national median home value of $197,500. However, Morganton's home values have been increasing at a much faster rate than the national average since 2013. In fact, the zip code's home values are now almost 20% higher than they were in 2013!

There are several reasons why Morganton's home values have been increasing so rapidly. First and foremost, Morganton is located in one of the most desirable areas in North Carolina. Second, there is a strong demand for housing in this area due to its proximity to major cities like Charlotte and Raleigh but with more space and privacy than those cities. Third, Morganton has experienced very low unemployment rates throughout recent years which has helped to increase demand for homes overall. Finally, Morganton's schools are generally rated as good or excellent by parents which also contributes to increased demand for homes within this zip code.