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Woodfin town, NC

ZIP 28701 — Housing & Real Estate

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

Middle ClassLow Snow Area

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 28701

Median Home Value
$290,500
Median Rent
$954
Affordability Snapshot
$80,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$1,866/mo PITI).

12%
Rent-to-Income Ratio

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

3.2x
Home Price-to-Income Ratio

Within the typical 3-5x range for home affordability.

25.4 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 28701 in Woodfin town, NC, a household would need roughly $80,000 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 $1,866. That sits below the local median household income ($92,047), 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 19% — check local market conditions.

Heating Fuel
Housing Metrics
Owner Occupied
83.6%+28% vs US avg
x
Vacancy Rate
18.8%+82% vs US avg
x
Broadband Access
82.3%-5% vs US avg
x
4+ Bedrooms
0.5%-97% vs US avg
x
Built Pre-1939
1.1%-91% vs US avg
x
Built Post-2014
4.0%-42% vs US avg
x
Rent Burden >30%
18.1%-64% vs US avg
x
Mortgage-Free
27.3%-29% vs US avg
x
$290,500
Home Value
$954
Rent
1996
Year Built
2010
Moved In

Residents have lived here since ~2010 on average

Housing Structure

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

  • 1-unit detached78.4%
  • 1-unit attached1.2%
  • 2-9 units0.8%
  • 10+ units0.0%
  • Mobile home & other19.7%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$290,500
Median rent$954
Owner-occupied83.6%
Vacant18.8%
Price-to-income3.2x
Est. income to buy$80,000