How much is a home worth in ZIP code 28112?

The typical home in 28112 is worth $356,129, based on the Zillow Home Value Index.

Are home values rising in 28112?

Home values in 28112 are up 1.4% over the past year, and up 6.5% a year over five years.

What is the typical rent in 28112?

A typical home in 28112 rents for about $1,989 a month, a gross rental yield of 6.7%.

What is the property tax rate in 28112?

The effective property tax rate in 28112 is 0.5% — roughly $1,626 a year on a typical home.

ZIP code 28112 has a population of 28,461 and a median household income of $80,495.

HousingHandbookReference data

…

U.S. ZIP Code · NC28112

Union County · Charlotte-Concord-Gastonia, NC-SC

Typical home value

$356,129^[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year: +1.4%
5-year / yr: +6.5%
10-year / yr: +8.0%

Relative price

vs U.S.: +25.4%
vs metro: +6.2%
vs state: +25.1%

Price history

Zillow Home Value Index — monthly, smoothed and seasonally adjusted.

The typical home in 28112 is worth $356,129 — 6.2% above the Charlotte-Concord-Gastonia, NC-SC median. Over the past year, values have risen 1.4%. Homes here rent for a typical $1,989 a month — a 6.7% gross rental yield. The effective property tax rate is 0.5%.

#Rent & investment

Typical asking rent, and the returns it implies at the current home value.

Monthly rent: $1,989^[2]
Gross yield: 6.7%^[2]
Cap rate: 4.0%^[2]

#Property tax

Effective rate — total real estate taxes paid relative to total home value.

Effective tax rate: 0.5%^[3]
Typical annual tax: $1,626^[3]

#Climate risk

FEMA National Risk Index ratings for Union County. "Not Applicable" means the hazard does not threaten the county.

Overall risk: Relatively Moderate^[4]
Riverine flood: Relatively Moderate
Coastal flood: Not Applicable
Wildfire: Very Low
Drought: Relatively Moderate
Heat wave: Relatively Low
Hurricane: Relatively Low
Tornado: Relatively High
Earthquake: Relatively Low
Winter weather: Relatively Moderate

#Who lives here

Population: 28,461^[3]
Median household income: $80,495^[3]

#Migration

Household moves in and out of Union County over a year, from IRS tax-return data.

Net migration: +1,342^[5]
Moved in: 7,806
Moved out: 6,464

Schools

Open public schools in this ZIP, from the NCES Common Core of Data.

Public schools: 10
Elementary: 4
Middle: 2
High: 4

Monroe High
High · Grades 9–12 · Union County Public Schools
1,099 students
Parkwood High
High · Grades 9–12 · Union County Public Schools
1,055 students
Monroe Middle
Middle · Grades 6–8 · Union County Public Schools
855 students
Central Academy of Technology and Arts
High · Grades 9–12 · Union County Public Schools
846 students
Parkwood Middle
Middle · Grades 6–8 · Union County Public Schools
821 students

Run the numbers

Interactive calculators pre-filled with this ZIP's typical home value, rent, and property-tax rate. Edit any field to recompute.

Home value$Monthly rent$

Gross yield6.7%

Net yield (after ~40% expenses)4.0%

Annual rent$23,864

Gross and net yield are estimates based on the inputs and the selected expense ratio. Actual income and expenses will vary by property and market. Not investment advice.

Home price$Down payment%Interest rate%Loan termyears

Monthly payment$1,801

Loan principal$284,903

Down payment$71,226

Total interest paid$363,379

Estimated monthly payments include principal and interest only. Actual costs will include property tax, insurance, possibly PMI, and HOA fees not modeled here. Loan terms shown are estimates; consult a licensed lender for current rates and qualification.

Home price$Monthly rent$Down payment%Mortgage rate%Property tax rate% / yrMaintenance% / yrRule of thumb: 1% of home value per year.

Own : rent ratio1.12

Monthly cost to own$2,234

Monthly rent$1,989

Renting is meaningfully cheaper month-to-month.

This calculator projects multi-year scenarios based on assumptions about appreciation, rent growth, and investment returns — none of which are guaranteed. Actual outcomes depend on variables this tool cannot know. Not financial or real estate advice.

#Metro ranking

Where this ZIP sits among others in its metro area.

Appreciation: 69th percentile^[1]
Rental yield: 85th percentile^[2]
Property tax: 8th percentile^[3]

Frequently asked

How much is a home worth in ZIP code 28112?: The typical home in 28112 is worth $356,129, based on the Zillow Home Value Index.
Are home values rising in 28112?: Home values in 28112 are up 1.4% over the past year, and up 6.5% a year over five years.
What is the typical rent in 28112?: A typical home in 28112 rents for about $1,989 a month, a gross rental yield of 6.7%.
What is the property tax rate in 28112?: The effective property tax rate in 28112 is 0.5% — roughly $1,626 a year on a typical home.
Who lives in 28112?: ZIP code 28112 has a population of 28,461 and a median household income of $80,495.

#Comparable ZIPs

Same metro, nearest typical home value. Each card shows the comparable ZIP's headline numbers so you can scan at a glance.

29745 vs 28112 →
York, SC
Typical home
$356,237
Gross yield
6.7%
29732 vs 28112 →
Rock Hill, SC
Typical home
$356,704
Gross yield
5.0%
28056
Gastonia, NC
Typical home
$354,358
Gross yield
6.5%
28215
Charlotte, NC
Typical home
$352,393
Gross yield
6.7%
28269
Charlotte, NC
Typical home
$360,895
Gross yield
5.7%
28660
NC
Typical home
$350,104
Gross yield
—

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#Jump to section

U.S. ZIP Code · NC28112

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