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Newton Grove town, NC

ZIP 28366 — Housing & Real Estate

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

Working ClassLow Snow Area

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 28366

Median Home Value
$127,600
Median Rent
$673
Affordability Snapshot
$35,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$820/mo PITI).

14%
Rent-to-Income Ratio

Below the 30% threshold — generally affordable for median earners.

2.2x
Home Price-to-Income Ratio

Below 3x — relatively affordable housing market.

15.8 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 28366 in Newton Grove town, NC, a household would need roughly $35,000 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 $820. That sits below the local median household income ($57,803), suggesting the typical household income is closer to a workable buy-in level under these assumptions. Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Vacancy rate 20% — check local market conditions.

Heating Fuel
Housing Metrics
Owner Occupied
77.3%+18% vs US avg
x
Vacancy Rate
20.2%+96% vs US avg
x
Broadband Access
75.0%-14% vs US avg
x
4+ Bedrooms
3.7%-75% vs US avg
x
Built Pre-1939
2.6%-80% vs US avg
x
Built Post-2014
0.7%-90% vs US avg
x
Rent Burden >30%
10.7%-79% vs US avg
x
Mortgage-Free
63.5%+66% vs US avg
x
$127,600
Home Value
$673
Rent
1988
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 detached57.1%
  • 1-unit attached0.6%
  • 2-9 units2.1%
  • 10+ units0.5%
  • Mobile home & other39.7%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$127,600
Median rent$673
Owner-occupied77.3%
Vacant20.2%
Price-to-income2.2x
Est. income to buy$35,000