Lotvox market story

ZIP 28584

Carteret County, NC

What homes are worth, what they cost to carry, how fast they sell — one step at a time.

Typical home value
$401,413
12-month change
+1.4%
Months of supply
3.7

This week since 2026-10-08: Months of supply 3.7 (was 3.8) · Payment share of income 32.7% (was 32.3%)

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Who's going to sell in 28584 this year?

Lotvox Turnover Index

Ranking every home in 28584 by how likely it is to sell

Lotvox Turnover Index
Not yet live
Source: County assessor and recorder public records; Lotvox analysis (calculations on the sources above) · accuracy by ZIP · methodology

The Lotvox Turnover Index isn't offered for 28584 yet.

Where

28584 in Carteret County, NC

28511 · $233,74428512 · $607,80028516 · $419,99828520 · $289,47528524 · $231,20828528 · $348,62328531 · $407,84228553 · $277,67728557 · $418,09628570 · $345,26228575 · no value published28577 · $185,85128579 · $292,65728581 · $251,21328584 · $401,41328589 · no value published28594 · $764,287 28584
$186K$764K typical home value
Source: Census TIGER/Line · Zillow (ZHVI)Source: U.S. Census Bureau, TIGER/Line boundaries; Zillow Home Value Index (ZHVI), Zillow Research

28584 is one of 17 ZIP codes that lie mostly in Carteret County, NC — 72% of its own area is in the county.

Shaded by typical home value, it ranks 6 of the 15 with a value.

Value rank in county
6 of 15

Source: U.S. Census Bureau, TIGER/Line boundaries; Zillow Home Value Index (ZHVI), Zillow Research

Local life

Schools in 28584

5 school locations in 28584: 3 elementary, 1 middle, 1 high.

In alphabetical order: Queens Creek Elementary, Swansboro Elementary, Swansboro High, Swansboro Middle, and more on the ZIP page. Locations only — no ratings are shown here.

School locations
5

Source: U.S. Department of Education, National Center for Education Statistics (school locations)

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What it costs

Home values

What homes are worth in 28584

$0$200K$400K$600K200020052010201520202025Peak May 2026 · $402,393Latest · $401,413
Typical home value
Source: Zillow (ZHVI) · as of 2026-08-31Source: Zillow Home Value Index (ZHVI), Zillow Research · data as of 2026-08-31

In January 2000 the typical home in 28584 was worth $128,601.

Values peaked at $402,393 in May 2026. The latest reading is −0.2% from that peak.

As of August 2026: $401,413, +1.4% over twelve months.

Typical home value
$401,413
12-month change
+1.4%

Source: Zillow Home Value Index (ZHVI), Zillow Research · data as of 2026-08-31

Housing pulse

Monthly cost vs. price

Typical home
$401,413
Loan at 20% down
$321,130
30-year fixed rate
7.40%
Monthly principal + interest
$2,223
Median household income, per month
$6,798
Share of income
32.7%
0%30%60%
At today's rate, by home value, 2000–2026: 10.5% → 32.7%
Source: Zillow (ZHVI) · Freddie Mac via FRED · Census ACS · Lotvox · as of 2026-08-31Source: Zillow Home Value Index (ZHVI), Zillow Research; Freddie Mac, 30-Year Fixed Rate Mortgage Average in the United States (MORTGAGE30US), retrieved from FRED®, Federal Reserve Bank of St. Louis; U.S. Census Bureau, American Community Survey 5-year estimates; Lotvox analysis (calculations on the sources above) · data as of 2026-08-31

Start with the typical home: $401,413. Put 20% down and borrow $321,130 at 7.40%, the 30-year fixed average as of October 8, 2026.

That is $2,223 a month in principal and interest.

The median household here earns $81,574 a year, $6,798 a month. So the payment takes 32.7% 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 10.5% in 2000.

Payment share of income
32.7%
Monthly P&I
$2,223

Source: Zillow Home Value Index (ZHVI), Zillow Research; Freddie Mac, 30-Year Fixed Rate Mortgage Average in the United States (MORTGAGE30US), retrieved from FRED®, Federal Reserve Bank of St. Louis; U.S. Census Bureau, American Community Survey 5-year estimates; Lotvox analysis (calculations on the sources above) · data as of 2026-08-31

Lotvox lens

The payment, at each month's rate

$0$1K$2K$3K2000200520102015202020252.68% rate · $8726.67% rate · $2,065
Monthly P&I at that month's 30-year rate
Source: Zillow (ZHVI) · Freddie Mac via FRED · Lotvox · as of 2026-08Source: Zillow Home Value Index (ZHVI), Zillow Research; Freddie Mac, 30-Year Fixed Rate Mortgage Average in the United States (MORTGAGE30US), retrieved from FRED®, Federal Reserve Bank of St. Louis; Lotvox analysis (calculations on the sources above) · data as of 2026-08

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 $770.

In December 2020, with rates at 2.68%, it was $872.

By August 2026, at 6.67%, it was $2,065 — +137% since December 2020, while the home's value moved +49%.

Payment change since 2020
+137%

Source: Zillow Home Value Index (ZHVI), Zillow Research; Freddie Mac, 30-Year Fixed Rate Mortgage Average in the United States (MORTGAGE30US), retrieved from FRED®, Federal Reserve Bank of St. Louis; Lotvox analysis (calculations on the sources above) · data as of 2026-08

Lotvox lens

Home value after inflation

$0$200K$400K$600K200020052010201520202025
Home value (as reported)Prices in general (CPI-U), scaled to January 2000Home value in August 2026 dollars
Source: Zillow (ZHVI) · BLS CPI via FRED · Lotvox · as of 2026-08Source: Zillow Home Value Index (ZHVI), Zillow Research; U.S. Bureau of Labor Statistics, Consumer Price Index (CPI-U), via FRED®, Federal Reserve Bank of St. Louis; Lotvox analysis (calculations on the sources above) · data as of 2026-08
Deflated with CPI-U (seasonally adjusted, FRED CPIAUCSL) to August 2026; the site's Housing pulse chart uses its own CPI series, so older months can differ slightly.

Reported values rose +212% 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 $253,807. So the real change is +58%, not +212%.

Real change since 2000
+58%

Source: Zillow Home Value Index (ZHVI), Zillow Research; U.S. Bureau of Labor Statistics, Consumer Price Index (CPI-U), via FRED®, Federal Reserve Bank of St. Louis; Lotvox analysis (calculations on the sources above) · data as of 2026-08
Deflated with CPI-U (seasonally adjusted, FRED CPIAUCSL) to August 2026; the site's Housing pulse chart uses its own CPI series, so older months can differ slightly.

Home values

28584 against its neighbors

0100200300400200020052010201520202025
28584 (2000 = 100)Carteret County (2000 = 100)North Carolina (2000 = 100)
Source: Zillow (ZHVI) · Lotvox · as of 2026-08Source: Zillow Home Value Index (ZHVI), Zillow Research; Lotvox analysis (calculations on the sources above) · data as of 2026-08

28584: +212% since January 2000.

Carteret County: +230% since January 2000.

North Carolina: +156% since January 2000 — 28584 ran ahead of it by 56 points.

Change since 2000
+212%

Source: Zillow Home Value Index (ZHVI), Zillow Research; Lotvox analysis (calculations on the sources above) · data as of 2026-08

Lotvox lens

Rent or own

Own: payment + 1.2%/yr taxes & insurance
$2,625
principal + interest $2,223 · taxes & insurance est. $402
Rent: typical rent (ZORI)
$1,688
Price-to-rent ratio
19.8
Source: Zillow (ZHVI) · Zillow (ZORI) · Freddie Mac via FRED · LotvoxSource: Zillow Home Value Index (ZHVI), Zillow Research; Zillow Observed Rent Index (ZORI), Zillow Research; Freddie Mac, 30-Year Fixed Rate Mortgage Average in the United States (MORTGAGE30US), retrieved from FRED®, Federal Reserve Bank of St. Louis; Lotvox analysis (calculations on the sources above)

Owning the typical home costs about $2,625 a month once taxes and insurance (estimated at 1.2% of price a year) are added. Renting runs about $1,688 a month.

Price divided by a year's rent: 19.8. Lotvox reads under 15 as favoring buying and 20 or more as favoring renting.

Price-to-rent
19.8

Source: Zillow Home Value Index (ZHVI), Zillow Research; Zillow Observed Rent Index (ZORI), Zillow Research; Freddie Mac, 30-Year Fixed Rate Mortgage Average in the United States (MORTGAGE30US), retrieved from FRED®, Federal Reserve Bank of St. Louis; Lotvox analysis (calculations on the sources above)

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What's moving

Housing pulse

Listings Flow Ladder

per month / homes for sale2024-092026-08balanced 4–6 mo3.7 mo3.7 months of supplyNet −4 / month · inventory shrinking
New listings / monthHomes for saleClosed sales / monthBasin water level = months of supply
Source: Redfin · Lotvox · as of 2026-08-31Source: Redfin Data Center (market tracker data); Lotvox analysis (calculations on the sources above) · data as of 2026-08-31

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 31 a month (Redfin, 3-month rolling data through August 2026). That is 87% of the 2015–2019 level for the same months.

On the shelf — homes for sale at the end of the period: 129. That is 85% of the 2015–2019 level for the same months.

Going out — closed sales: about 35 a month. That is 94% of the 2015–2019 level for the same months.

The ladder: homes for sale ÷ monthly sales = 3.7 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 4 more homes sold than came on each month, so inventory is shrinking. The basin is draining.

Months of supply
3.7

Source: Redfin Data Center (market tracker data); Lotvox analysis (calculations on the sources above) · data as of 2026-08-31

Housing pulse

Sales pace vs. normal

01020304020252026
Homes sold per monthSame months, 2015–2019
Source: Redfin · Lotvox · as of 2026-08Source: Redfin Data Center (market tracker data); Lotvox analysis (calculations on the sources above) · data as of 2026-08

Homes sold: about 35 a month in August 2026 (Redfin).

The 2015–2019 level for the same month was 26 — so sales ran at 135% of it, and below it in 12 of the last 24 months.

Sales vs 2015–19 level
135%

Source: Redfin Data Center (market tracker data); Lotvox analysis (calculations on the sources above) · data as of 2026-08

New supply

Homes being permitted

05001,0001,5002022681202352420249352025471
1-unit buildings2–4 units5+ units
Source: Census permits · as of 2025Source: U.S. Census Bureau, Building Permits Survey · data as of 2025

Across Carteret County, builders pulled permits for 471 new homes in 2025.

Of those, 99% were in 1-unit buildings (the Census Bureau's category for detached and attached single homes).

Units permitted 2025
471

Source: U.S. Census Bureau, Building Permits Survey · data as of 2025

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Who's holding, who's leaving

Housing pulse

Migration and inventory

Moved in (top-10 origin counties)
972
Moved out (top-10 destination counties)
888
Net households
+84
Top origins
Craven, NC288
Onslow, NC206
Wake, NC191
Top destinations
Craven, NC318
Onslow, NC245
Wake, NC129
Homes for sale, 2012–2026
Source: IRS SOI · Redfin · as of 2026-06-01Source: IRS Statistics of Income, county-to-county migration data; Redfin Data Center (market tracker data) · data as of 2026-06-01

This ZIP sits in Carteret County. IRS tax returns for 2022-2023: among the ten counties sending the most households, 972 moved in. Among the ten receiving the most, 888 moved out.

Net across those counties: +84 households. Beside it, homes for sale in this ZIP: 129 in June 2026.

Most arrivals came from Craven, NC (288 households); most departures went to Craven, NC (318).

Net households (top-10 flows)
+84

Source: IRS Statistics of Income, county-to-county migration data; Redfin Data Center (market tracker data) · data as of 2026-06-01

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What to do

Own a home here?What's my home worth?Enter your address for a county-record value range. Buying?Compare 28584 with 28528The same story, side by side. An agent?See where the index is livethe farm territory and this page's sponsor spot.

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Link: https://lotvox.com/story/morehead-city/zip/28584