HousingHandbookReference data

U.S. ZIP Code · NC28532

Craven County

Typical home value

$234,449[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
+4.2%
5-year / yr
+8.6%
10-year / yr
+6.7%

Relative price

vs U.S.
-17.5%
vs metro
vs state
-17.6%
ZIP 28532 location in NC
Location of ZIP 28532 in NC

Price history

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

The typical home in 28532 is worth $234,449. Over the past year, values have risen 4.2%. Homes here rent for a typical $1,415 a month — a 7.2% gross rental yield. 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
$1,415[2]
Gross yield
7.2%[2]
Cap rate
4.3%[2]

#Property tax

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

Effective tax rate
0.7%[3]
Typical annual tax
$1,674[3]

#Climate risk

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

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

#Who lives here

Population
20,908[3]
Median household income
$60,605[3]

#Migration

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

Net migration
+457[5]
Moved in
4,047
Moved out
3,590

Schools

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

Public schools
9
Elementary
5
Middle
2
High
2
  • Havelock High

    High · Grades 9–12 · Craven County Board of Education

    1,063 students

  • Arthur W Edwards Elementary

    Elementary · Grades K–5 · Craven County Board of Education

    528 students

  • Tucker Creek Middle

    Middle · Grades 6–8 · Craven County Board of Education

    517 students

  • Havelock Middle

    Middle · Grades 6–8 · Craven County Board of Education

    374 students

  • Roger Bell New Tech Academy

    Elementary · Grades PK–5 · Craven County Board of Education

    374 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 yield7.2%
Net yield (after ~40% expenses)4.3%
Annual rent$16,979

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$1,186
Loan principal$187,559
Down payment$46,890
Total interest paid$239,222

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 ratio1.07
Monthly cost to own$1,520
Monthly rent$1,415

Owning and renting are roughly even.

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
[1]
Rental yield
[2]
Property tax
[3]

Frequently asked

How much is a home worth in ZIP code 28532?
The typical home in 28532 is worth $234,449, based on the Zillow Home Value Index.
Are home values rising in 28532?
Home values in 28532 are up 4.2% over the past year, and up 8.6% a year over five years.
What is the typical rent in 28532?
A typical home in 28532 rents for about $1,415 a month, a gross rental yield of 7.2%.
What is the property tax rate in 28532?
The effective property tax rate in 28532 is 0.7% — roughly $1,674 a year on a typical home.
Who lives in 28532?
ZIP code 28532 has a population of 20,908 and a median household income of $60,605.

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