HousingHandbookReference data

U.S. ZIP Code · NC28435

Pender County · Wilmington, NC

Typical home value

$244,549[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
-4.4%
5-year / yr
+2.6%
10-year / yr
+6.1%

Relative price

vs U.S.
-13.9%
vs metro
-35.5%
vs state
-14.1%
ZIP 28435 location in NC
Location of ZIP 28435 in NC

Price history

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

The typical home in 28435 is worth $244,549 — 35.5% below the Wilmington, NC median. Over the past year, values have fallen 4.4%. The effective property tax rate is 0.7%.

#Rent & investment

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

Monthly rent
[2]
Gross yield
[2]
Cap rate
[2]

#Property tax

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

Effective tax rate
0.7%[3]
Typical annual tax
$1,681[3]

#Climate risk

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

Overall risk
Relatively Moderate[4]
Riverine flood
Relatively Low
Coastal flood
Relatively Moderate
Wildfire
Relatively Low
Drought
Relatively Low
Heat wave
Relatively Low
Hurricane
Relatively High
Tornado
Relatively Moderate
Earthquake
Very Low
Winter weather
Relatively High

#Who lives here

Population
1,889[3]
Median household income
$46,429[3]

#Migration

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

Net migration
+851[5]
Moved in
2,941
Moved out
2,090

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 yield
Net yield (after ~40% expenses)
Annual rent

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$1,237
Loan principal$195,639
Down payment$48,910
Total interest paid$249,527

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 ratio
Monthly cost to own$1,581
Monthly rent

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
4th percentile[1]
Rental yield
[2]
Property tax
92nd percentile[3]

Frequently asked

How much is a home worth in ZIP code 28435?
The typical home in 28435 is worth $244,549, based on the Zillow Home Value Index.
Are home values rising in 28435?
Home values in 28435 are down 4.4% over the past year, and up 2.6% a year over five years.
What is the property tax rate in 28435?
The effective property tax rate in 28435 is 0.7% — roughly $1,681 a year on a typical home.
Who lives in 28435?
ZIP code 28435 has a population of 1,889 and a median household income of $46,429.

#Comparable ZIPs

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

  • Watha, NC

    Typical home
    $224,338
    Gross yield
  • Atkinson, NC

    Typical home
    $222,025
    Gross yield
  • Shallotte, NC

    Typical home
    $271,335
    Gross yield
  • St. Helena, NC

    Typical home
    $285,061
    Gross yield
  • Shallotte, NC

    Typical home
    $322,557
    Gross yield
    6.3%
  • Wilmington, NC

    Typical home
    $332,508
    Gross yield
    5.9%

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