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Fallston town, NC

ZIP 28042 — Housing & Real Estate

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 28042

Median Home Value
$91,300
Median Rent
$581
Affordability Snapshot
$25,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$586/mo PITI).

13.1 yrs
Price-to-Rent Ratio

Years to break even buying vs renting at median home value and rent.

To comfortably buy a median-priced home in ZIP 28042 in Fallston town, NC, a household would need roughly $25,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $586. Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Diverse housing tenure.

Heating Fuel
Housing Metrics
Owner Occupied
45.7%-30% vs US avg
x
Vacancy Rate
8.7%-15% vs US avg
x
Broadband Access
76.6%-12% vs US avg
x
4+ Bedrooms
2.9%-80% vs US avg
x
Built Pre-1939
1.0%-92% vs US avg
x
Built Post-2014
0.0%
x
Rent Burden >30%
37.3%-25% vs US avg
x
Mortgage-Free
39.5%+3% vs US avg
x
$91,300
Home Value
$581
Rent
1938
Year Built
2009
Moved In

Residents have lived here since ~2009 on average

Housing Structure

Census ACS structure types (single-family, multi-unit, etc.).

  • 1-unit detached64.1%
  • 1-unit attached0.0%
  • 2-9 units24.3%
  • 10+ units0.0%
  • Mobile home & other11.7%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$91,300
Median rent$581
Owner-occupied45.7%
Vacant8.7%
Est. income to buy$25,000