HousingHandbookReference data

U.S. ZIP Code · NC28387

Moore County · Pinehurst-Southern Pines, NC

Typical home value

$452,516[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
+0.9%
5-year / yr
+7.3%
10-year / yr
+7.2%

Relative price

vs U.S.
+59.3%
vs metro
+23.6%
vs state
+59.0%
ZIP 28387 location in NC
Location of ZIP 28387 in NC

Price history

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

The typical home in 28387 is worth $452,516 — 23.6% above the Pinehurst-Southern Pines, NC median. Over the past year, values have risen 0.9%. Homes here rent for a typical $1,781 a month — a 4.7% gross rental yield. The effective property tax rate is 0.6%.

#Rent & investment

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

Monthly rent
$1,781[2]
Gross yield
4.7%[2]
Cap rate
2.8%[2]

#Property tax

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

Effective tax rate
0.6%[3]
Typical annual tax
$2,693[3]

#Climate risk

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

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

#Who lives here

Population
16,059[3]
Median household income
$74,830[3]

#Migration

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

Net migration
+484[5]
Moved in
3,704
Moved out
3,220

Schools

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

Public schools
3
Elementary
2
Middle
0
High
1
  • Pinecrest High

    High · Grades 9–12 · Moore County Schools

    2,310 students

  • McDeeds Creek Elementary

    Elementary · Grades K–5 · Moore County Schools

    660 students

  • Moore Montessori Community School

    Elementary · Grades K–7 · Moore Montessori Community School

    234 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.

Gross yield4.7%
Net yield (after ~40% expenses)2.8%
Annual rent$21,367

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.

Monthly payment$2,288
Loan principal$362,013
Down payment$90,503
Total interest paid$461,728

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.

Own : rent ratio1.62
Monthly cost to own$2,892
Monthly rent$1,781

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
67th percentile[1]
Rental yield
25th percentile[2]
Property tax
67th percentile[3]

Frequently asked

How much is a home worth in ZIP code 28387?
The typical home in 28387 is worth $452,516, based on the Zillow Home Value Index.
Are home values rising in 28387?
Home values in 28387 are up 0.9% over the past year, and up 7.3% a year over five years.
What is the typical rent in 28387?
A typical home in 28387 rents for about $1,781 a month, a gross rental yield of 4.7%.
What is the property tax rate in 28387?
The effective property tax rate in 28387 is 0.6% — roughly $2,693 a year on a typical home.
Who lives in 28387?
ZIP code 28387 has a population of 16,059 and a median household income of $74,830.

#Comparable ZIPs

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

  • Seven Lakes CDP, NC

    Typical home
    $428,748
    Gross yield
  • Carthage, NC

    Typical home
    $407,080
    Gross yield
    5.6%
  • Pinehurst, NC

    Typical home
    $532,797
    Gross yield
    4.6%
  • Foxfire, NC

    Typical home
    $368,023
    Gross yield
  • Vass, NC

    Typical home
    $364,384
    Gross yield
    7.0%
  • Aberdeen, NC

    Typical home
    $351,927
    Gross yield
    5.7%

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