ZIP 28645

28645 is one of 5 ZIP codes that lie mostly in Caldwell County, NC — 96% of its own area is in the county.

Shaded by typical home value, it ranks 3 of the 4 with a value.

15 school locations in 28645: 6 elementary, 5 middle, 2 high, 2 other.

In alphabetical order: Caldwell Online Academy, Davenport A+ School, Gamewell Elementary, Gamewell Middle, and more on the ZIP page. Locations only — no ratings are shown here.

In August 2001 the typical home in 28645 was worth $82,797.

Values peaked at $223,108 in December 2024. The latest reading is −2.4% from that peak.

As of August 2026: $217,706, +0.8% over twelve months.

Start with the typical home: $217,706. Put 20% down and borrow $174,165 at 7.40%, the 30-year fixed average as of October 8, 2026.

That is $1,206 a month in principal and interest.

The median household here earns $50,529 a year, $4,211 a month. So the payment takes 28.6% 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 10.9% in 2001.

Take the typical home's price each month, borrow 80% at that month's actual 30-year average rate: in August 2001 (6.95%) the payment was $438.

In December 2020, with rates at 2.68%, it was $499.

By August 2026, at 6.67%, it was $1,120 — +124% since December 2020, while the home's value moved +41%.

Reported values rose +163% since August 2001.

General prices (CPI-U) rose +88% over the same span.

Divide one by the other: in August 2026 dollars, the 2001 home was worth $155,947. So the real change is +40%, not +163%.

28645: +163% since August 2001.

Caldwell County: +161% since August 2001.

North Carolina: +141% since August 2001 — 28645 ran ahead of it by 21 points.

Owning the typical home costs about $1,424 a month once taxes and insurance (estimated at 1.2% of price a year) are added. Renting runs about $1,228 a month.

Price divided by a year's rent: 14.8. 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 63 a month (Redfin, 3-month rolling data through August 2026).

On the shelf — homes for sale at the end of the period: 219.

Going out — closed sales: about 45 a month.

The ladder: homes for sale ÷ monthly sales = 4.9 months of supply — inside the 4–6 month balanced range. In the basin, that is the water level against the shaded balanced band.

The net reading: about 18 more homes came on than sold each month, so inventory is growing. The basin is filling.

Homes sold: about 45 a month in August 2026 (Redfin).

The 2015–2019 level for the same month was 3 — so sales ran at 1,500% of it, and below it in 0 of the last 24 months.

Across Caldwell County, builders pulled permits for 501 new homes in 2025.

Of those, 100% were in 1-unit buildings (the Census Bureau's category for detached and attached single homes).

This ZIP sits in Caldwell County. IRS tax returns for 2022-2023: among the ten counties sending the most households, 993 moved in. Among the ten receiving the most, 930 moved out.

Net across those counties: +63 households. Beside it, homes for sale in this ZIP: 219 in June 2026.

Most arrivals came from Catawba, NC (369 households); most departures went to Catawba, NC (359).