HousingHandbookReference data

U.S. ZIP Code · NC28611

Caldwell County · Hickory-Lenoir-Morganton, NC

Typical home value

$168,283[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
-3.0%
5-year / yr
+3.6%
10-year / yr
+7.6%

Relative price

vs U.S.
-40.8%
vs metro
-35.0%
vs state
-40.9%
ZIP 28611 location in NC
Location of ZIP 28611 in NC

Price history

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

The typical home in 28611 is worth $168,283 — 35.0% below the Hickory-Lenoir-Morganton, NC median. Over the past year, values have fallen 3.0%.

#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
[3]
Typical annual tax
[3]

#Climate risk

FEMA National Risk Index ratings for Caldwell 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
Very Low
Drought
Relatively Low
Heat wave
Relatively Low
Hurricane
Relatively Low
Tornado
Relatively Low
Earthquake
Relatively Low
Winter weather
Relatively Low

#Who lives here

Population
424[3]
Median household income
[3]

#Migration

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

Net migration
+306[5]
Moved in
1,851
Moved out
1,545

Schools

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

Public schools
1
Elementary
1
Middle
0
High
0
  • Collettsville School

    Elementary · Grades PK–8 · Caldwell County Schools

    339 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 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$851
Loan principal$134,627
Down payment$33,657
Total interest paid$171,709

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$1,159
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
0th percentile[1]
Rental yield
[2]
Property tax
[3]

Frequently asked

How much is a home worth in ZIP code 28611?
The typical home in 28611 is worth $168,283, based on the Zillow Home Value Index.
Are home values rising in 28611?
Home values in 28611 are down 3.0% over the past year, and up 3.6% a year over five years.

#Comparable ZIPs

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

  • Lenoir, NC

    Typical home
    $219,864
    Gross yield
  • Hiddenite CDP, NC

    Typical home
    $231,820
    Gross yield
  • Connelly Springs, NC

    Typical home
    $235,817
    Gross yield
  • Valdese, NC

    Typical home
    $247,632
    Gross yield
  • Hudson, NC

    Typical home
    $252,606
    Gross yield
  • Hickory, NC

    Typical home
    $253,922
    Gross yield
    6.5%

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