ZIP 28104

28104 is one of 8 ZIP codes that lie mostly in Union County, NC — 97% of its own area is in the county.

Shaded by typical home value, it ranks 2 of the 7 with a value.

7 school locations in 28104: 3 elementary, 2 middle, 2 high.

In alphabetical order: Antioch Elementary, Matthews Charter Academy, Stallings Elementary, Union Day School, and more on the ZIP page. Locations only — no ratings are shown here.

In January 2000 the typical home in 28104 was worth $224,692.

Values peaked at $598,096 in January 2026. The latest reading is −0.6% from that peak.

As of August 2026: $594,348, +0.2% over twelve months.

Start with the typical home: $594,348. Put 20% down and borrow $475,478 at 7.40%, the 30-year fixed average as of October 8, 2026.

That is $3,292 a month in principal and interest.

The median household here earns $129,775 a year, $10,815 a month. So the payment takes 30.4% of income — rated “stretched” (Lotvox ZIP bands: under 28% affordable · 28–36% stretched · 36%+ severe).

The line holds today's rate fixed and moves only the price: at that rate, the same share was 11.5% in 2000.

Take the typical home's price each month, borrow 80% at that month's actual 30-year average rate: in January 2000 (8.21%) the payment was $1,345.

In December 2020, with rates at 2.68%, it was $1,284.

By August 2026, at 6.67%, it was $3,058 — +138% since December 2020, while the home's value moved +50%.

Reported values rose +165% since January 2000.

General prices (CPI-U) rose +97% over the same span.

Divide one by the other: in August 2026 dollars, the 2000 home was worth $443,453. So the real change is +34%, not +165%.

28104: +150% since January 2002.

Union County: +144% since January 2002.

North Carolina: +139% since January 2002 — 28104 ran ahead of it by 12 points.

Against 834 North Carolina ZIP codes, 28104 sits at the 42nd percentile for affordability (price vs local income).

29th for appreciation (recent value growth); 44th for rental yield (rent vs price).

Owning the typical home costs about $3,886 a month once taxes and insurance (estimated at 1.2% of price a year) are added. Renting runs about $2,420 a month.

Price divided by a year's rent: 20.5. Lotvox reads under 15 as favoring buying and 20 or more as favoring renting.

Picture the Listings Flow Ladder as a basin: new listings pour in from the faucet, the homes for sale are the water, and closed sales run out the drain. Coming in — new listings: about 60 a month (Redfin, 3-month rolling data through August 2026). That is 68% of the 2015–2019 level for the same months.

On the shelf — homes for sale at the end of the period: 153. That is 63% of the 2015–2019 level for the same months.

Going out — closed sales: about 65 a month. That is 78% of the 2015–2019 level for the same months.

The ladder: homes for sale ÷ monthly sales = 2.4 months of supply — below the 4–6 month range Lotvox treats as balanced. In the basin, that is the water level against the shaded balanced band.

The net reading: about 5 more homes sold than came on each month, so inventory is shrinking. The basin is draining.

Homes sold: about 65 a month in August 2026 (Redfin).

The 2015–2019 level for the same month was 70 — so sales ran at 93% of it, and below it in 24 of the last 24 months.

Across Union County, builders pulled permits for 2,707 new homes in 2025.

Of those, 88% were in 1-unit buildings (the Census Bureau's category for detached and attached single homes).

This ZIP sits in Union County. IRS tax returns for 2022-2023: among the ten counties sending the most households, 4,105 moved in. Among the ten receiving the most, 3,452 moved out.

Net across those counties: +653 households. Beside it, homes for sale in this ZIP: 153 in June 2026.

Most arrivals came from Mecklenburg, NC (3,006 households); most departures went to Mecklenburg, NC (1,984).