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Elrod CDP, NC

ZIP 28383 — 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 28383

Median Home Value
$74,400
Median Rent
$495
Affordability Snapshot
$20,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$478/mo PITI).

16%
Rent-to-Income Ratio

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

2.0x
Home Price-to-Income Ratio

Below 3x — relatively affordable housing market.

12.5 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 28383 in Elrod CDP, NC, a household would need roughly $20,000 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 $478. That sits below the local median household income ($37,373), 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 12% — check local market conditions.

Heating Fuel
Housing Metrics
Owner Occupied
76.3%+17% vs US avg
x
Vacancy Rate
11.7%+14% vs US avg
x
Broadband Access
68.6%-21% vs US avg
x
4+ Bedrooms
3.2%-78% vs US avg
x
Built Pre-1939
2.3%-82% vs US avg
x
Built Post-2014
0.4%-95% vs US avg
x
Rent Burden >30%
22.9%-54% vs US avg
x
Mortgage-Free
67.3%+76% vs US avg
x
$74,400
Home Value
$495
Rent
1988
Year Built
2006
Moved In

Residents have lived here since ~2006 on average

Housing Structure

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

  • 1-unit detached53.4%
  • 1-unit attached0.0%
  • 2-9 units1.7%
  • 10+ units0.2%
  • Mobile home & other44.7%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$74,400
Median rent$495
Owner-occupied76.3%
Vacant11.7%
Price-to-income2.0x
Est. income to buy$20,000