How much is a home worth in ZIP code 28658?

The typical home in 28658 is worth $256,439, based on the Zillow Home Value Index.

Are home values rising in 28658?

Home values in 28658 are up 0.8% over the past year, and up 6.7% a year over five years.

What is the typical rent in 28658?

A typical home in 28658 rents for about $1,566 a month, a gross rental yield of 7.3%.

What is the property tax rate in 28658?

The effective property tax rate in 28658 is 0.6% — roughly $1,667 a year on a typical home.

ZIP code 28658 has a population of 26,336 and a median household income of $72,042.

HousingHandbookReference data

…

U.S. ZIP Code · NC28658

Catawba County · Hickory-Lenoir-Morganton, NC

Typical home value

$256,439^[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year: +0.8%
5-year / yr: +6.7%
10-year / yr: +8.5%

Relative price

vs U.S.: -9.7%
vs metro: -1.0%
vs state: -9.9%

Price history

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

The typical home in 28658 is worth $256,439 — 1.0% below the Hickory-Lenoir-Morganton, NC median. Over the past year, values have risen 0.8%. Homes here rent for a typical $1,566 a month — a 7.3% 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: $1,566^[2]
Gross yield: 7.3%^[2]
Cap rate: 4.4%^[2]

#Property tax

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

Effective tax rate: 0.6%^[3]
Typical annual tax: $1,667^[3]

#Climate risk

FEMA National Risk Index ratings for Catawba 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 Moderate
Earthquake: Relatively Low
Winter weather: Relatively Moderate

#Who lives here

Population: 26,336^[3]
Median household income: $72,042^[3]

#Migration

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

Net migration: +761^[5]
Moved in: 4,965
Moved out: 4,204

Schools

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

Public schools: 9
Elementary: 5
Middle: 1
High: 3

Fred T Foard High
High · Grades 9–12 · Catawba County Schools
956 students
Newton-Conover High
High · Grades 9–12 · Newton Conover City Schools
749 students
Balls Creek Elementary
Elementary · Grades PK–6 · Catawba County Schools
698 students
Startown Elementary
Elementary · Grades PK–6 · Catawba County Schools
534 students
Blackburn Elementary
Elementary · Grades K–6 · Catawba County Schools
488 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 yield7.3%

Net yield (after ~40% expenses)4.4%

Annual rent$18,795

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$1,297

Loan principal$205,152

Down payment$51,288

Total interest paid$261,660

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 ratio1.05

Monthly cost to own$1,649

Monthly rent$1,566

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: 71st percentile^[1]
Rental yield: 100th percentile^[2]
Property tax: 81st percentile^[3]

Frequently asked

How much is a home worth in ZIP code 28658?: The typical home in 28658 is worth $256,439, based on the Zillow Home Value Index.
Are home values rising in 28658?: Home values in 28658 are up 0.8% over the past year, and up 6.7% a year over five years.
What is the typical rent in 28658?: A typical home in 28658 rents for about $1,566 a month, a gross rental yield of 7.3%.
What is the property tax rate in 28658?: The effective property tax rate in 28658 is 0.6% — roughly $1,667 a year on a typical home.
Who lives in 28658?: ZIP code 28658 has a population of 26,336 and a median household income of $72,042.

#Comparable ZIPs

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

28602 vs 28658 →
Hickory, NC
Typical home
$253,922
Gross yield
6.5%
28630 vs 28658 →
Granite Falls, NC
Typical home
$259,053
Gross yield
—
28655
Morganton, NC
Typical home
$259,077
Gross yield
6.0%
28638
Hudson, NC
Typical home
$252,606
Gross yield
—
28681
Bethlehem CDP, NC
Typical home
$261,880
Gross yield
—
28610
Claremont, NC
Typical home
$262,051
Gross yield
—

Want similar ZIPs from outside this metro? Browse nationally similar ZIPs →

Compare ZIPs

Pit ZIP 28658 against any other ZIP — full side-by-side table.

Compare 28658 →

#Jump to section

U.S. ZIP Code · NC28658

Get more data on ZIPs like this

Get more data on ZIPs like this