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Sarah Mitchell

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Compass Real Estate · ZIP 28655

“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”

ZIP 28655(512) 555-0184TX License #0512847
Visit website →sarahmitchellhomes.com
5.0 · 47 reviews

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28655 ZIP Code Housing Market

Leaning buyer's-7.6% YoY

$272,000median sale price

What is the 28655 housing market like right now?

The median home sale price in ZIP code 28655 is $272,000, down 7.6% year-over-year. Homes sell in an average of 62 days with 206 active listings. The market is currently a leaning buyer's. (Source: Redfin monthly MLS data, as of March 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)

Is the 28655 ZIP code a buyer's or seller's market?

Leaning buyer's62 avg. days on market

ZIP code 28655 is currently a leaning buyer's and homes selling in about 62 days. How we determine this →

What are the latest 28655 housing market stats?

Current housing market statistics for ZIP code 28655
MetricValue
Median sale price$272,000
Median list price$319,900
Year-over-year price change-7.6%
Average days on market62 days
Active inventory206 listings
Sale-to-list price ratio96.4%
Market conditionLeaning buyer's

Source: Redfin · Updated monthly

The 28655 zip code, located in Glen Alpine, NC, is currently classified as a leaning buyer's. The median sale price stands at $272,000, representing a -7.6% change year over year. Homes in this area spend an average of 62 days on the market before going under contract. There are currently 206 active listings in the area, which influences how much negotiating power buyers and sellers have.

ZIP 28655 sits in the Glen Alpine, NC area, roughly 2.9 miles from downtown Glen Alpine. Because home prices are set street by street, this ZIP can move differently from Glen Alpine's citywide averages. The figures below reflect 28655 specifically — drawn from Redfin transactions, U.S. Census data for its 55,100 residents, and Zillow value estimates.

Homes sold

109

Last 12 weeks

Days on market

62

Average pace

Active listings

206

Sale-to-list

96.4%

Below asking

What is driving the 28655 housing market?

The 28655 real estate market is shaped by a combination of local demand, housing supply, and broader economic trends. As a leaning buyer's, homes are selling at approximately 96.4% of their listed price.

Year-over-year price trends are one of the most important indicators for both homebuyers and investors. Prices in 28655 have declined -7.6% compared to last year, which may present opportunities for buyers looking to enter the market at a lower price point. For context, it's valuable to compare this trend against neighboring zip codes and the broader metro area to determine whether this performance is localized or part of a regional pattern.

The Zillow Home Value Index (ZHVI) for 28655 stands at $266,039, which represents Zillow's estimate of the typical home value in the area. The Zillow Observed Rent Index (ZORI) indicates typical rents of $1,344 per month. This gives a price-to-rent ratio of approximately 16.5, which sits in a moderate range where the buy-versus-rent decision depends heavily on individual financial circumstances and time horizon. Use our mortgage calculator to estimate monthly payments based on current home values and interest rates.

Who lives in 28655?

Population

55,100

Median income

$57,713/yr

Median age

44.3 years

Owner-occupied

72.7%

College grads

22.2%

Avg commute

23.95 min

What is it like living in 28655?

Zip code 28655 is home to approximately 55,100 residents. The median household income is $57,713 per year, which shapes the types of homes and amenities available in the area. With a median age of 44.3 years, the community's age profile influences everything from school enrollment to local business types and recreational offerings. Approximately 72.7% of housing units are owner-occupied, indicating a stable, ownership-oriented community where residents have a vested interest in maintaining property values and neighborhood quality.

About 22.2% of residents hold a bachelor's degree or higher, which often correlates with access to knowledge-economy jobs and higher earning potential in the area. The average commute time is 23.95 minutes, which is close to the national average. These demographic factors, combined with the market data above, help paint a complete picture of what it's like to live and own property in 28655.

Which public schools serve ZIP 28655?

18 schools tracked · 7,702 students

The largest public schools serving ZIP code 28655 by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.

Freedom High

Grades 9-12 · 1,374 students

Public

Robert L. Patton High School

Grades 9-12 · 753 students

Public

Mountain View Elementary

Grades PK-5 · 730 students

Public

New Dimensions

Grades K-8 · 556 students

Charter

Drexel Elementary

Grades PK-5 · 478 students

Public

Liberty Middle

Grades 6-8 · 459 students

Public

Table Rock Middle

Grades 6-8 · 454 students

Public

Walter R Johnson Middle

Grades 6-8 · 439 students

Public

Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.

Frequently asked questions about 28655

What is the median home price in 28655?

The current median sale price in 28655 is $272,000, based on recent Redfin transaction data. Prices have changed -7.6% compared to last year. For the most up-to-date pricing and to see how this compares to nearby areas, use our comparison tool.

Is 28655 a buyer's or seller's market?

The 28655 zip code is currently classified as a leaning buyer's. This assessment is based on key indicators including months of supply, sale-to-list price ratios, and average days on market.

What is the population of zip code 28655?

Zip code 28655 has a population of approximately 55,100 residents. The median household income is $57,713 per year. About 72.7% of homes are owner-occupied. This data is sourced from the U.S. Census Bureau and is updated annually.

How do I research neighborhoods in 28655?

Properties Incorporated provides comprehensive data for 28655 including median home prices, price history charts, days on market, active inventory, and Census Bureau demographics. To compare this area with other zip codes or cities, use our comparison tool. For mortgage planning, our mortgage calculator estimates monthly payments based on current prices and interest rates.

How often is the data for 28655 updated?

Market data on Properties Incorporated is updated regularly as new information becomes available. Redfin sales data is typically refreshed monthly, Zillow home value and rent estimates update monthly, and Census Bureau demographics are updated annually.

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