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ZIP 28042

ZIP codeThe kind of area this report covers. Neighborhood areas nest inside each other, from broad districts down to small pockets.North Carolina
$412K
Median sale priceThe middle sale price each month, counting normal open-market sales. The average runs above the median when a few expensive sales pull it up. Bars show how many homes sold.
3
Sales (12 mo)How many homes sold here in the last 12 months. More sales make the other numbers more reliable.
$230K
Median valueThe middle estimated value of all homes here, not just the ones that recently sold.

Deed records through Jul 2025 · Quarterly intervals (lower sales volume)Counties take time to publish deeds, so the newest months can be incomplete and may shift as more records arrive.

Market Trends

Sale pricesThe middle sale price each month, counting normal open-market sales. The average runs above the median when a few expensive sales pull it up. Bars show how many homes sold.MedianSales
20172018201920202021202220242025
Growth (year over year)How much prices and sales counts changed since the same time last year, using a 3-month average to smooth out noise. Above the dashed line means growth.PriceSales
20172018201920202021202220242025
Price per square footThe middle price per square foot, for sales where the size is known. It adjusts for homes being different sizes.$/ft²
20172018201920202021202220242025
Annual turnover (share of homes sold)The share of all homes here that sold in the trailing 12 months. Higher turnover means a more liquid market where homes trade hands more often.Turnover
20172018201920202021202220242025
Buyer mixWho is buying. Cash means no mortgage was recorded, investor means the buyer looked like an investor, and flip means the home resold within a year.CashInvestorFlip resale
20172018201920202021202220242025
Financing (share of purchase price)For buyers who borrowed: the middle share of the price they financed, and the middle share they paid up front.Loan (LTV)Down payment
20172018201920202021202220242025
Sellers who sold at a gainThe share of sellers each month who sold for more than they originally paid.Sold at gain
20172018201920202021202220242025
Typical hold before sellingThe middle number of years sellers owned their home before selling.Median hold
20172018201920202021202220242025
Median annualized return at resaleThe middle yearly gain sellers earned, spread across the years they owned the home. Only counts homes held at least a year.Annualized gain
20172018201920202021202220242025

Housing Stock

HomesHow many homes we have records for in this area.216
Median value (AVM)The middle estimated value of all homes here, not just the ones that recently sold.$230K
Median sizeThe middle home size here, measured in square feet.1,636 ft²
Median year builtThe middle build year for homes here. A recent year means most housing is newer.1972
Single familyThe share of homes here that are single-family houses.97%

Equity & Ownership

Equity rich (LTV ≤ 50%)The share of owners who owe half or less of what their home is worth, meaning they hold a lot of equity.73%
Underwater (LTV ≥ 125%)The share of owners who owe at least 25% more than their home is worth.1.9%
Owner occupiedThe share of homes lived in by their owner rather than rented out or left empty.23%
Company ownedThe share of homes owned by a company or trust instead of a person.9.3%
Median loan-to-valueThe middle share of home value still owed on loans across all owners here.18%
Typical ownership tenureHow long the typical owner here has held their home.16.7 yrs

Market metrics are derived from recorded arms-length deeds and refreshed nightly. Temperature blends price momentum, sales velocity, turnover and resale outcomes, ranked against all ZIP codes nationally.

How ZIP 28042 compares

By median home value, ZIP 28042 is the 2nd most expensive of 10 ZIP codes in Cleveland County, and its typical home is worth more than 56% of all homes in Cleveland County.

Home values in ZIP 28042

Share of homes at each estimated value.

Median
$86K$465K
ZIP codes in Cleveland County ranked by median home value
#Cleveland CountyMedian valueHomes
1Kings Mountain 28086$235K10,444
228042$230K216
3Shelby 28152$220K8,817
4Shelby 28150$215K11,324
5Earl 28038$198K108
628017$192K386
7Casar 28020$192K1,184
8Lawndale 28090$185K3,267
9Grover 28073$174K1,755
10Waco 28169$164K101

About the ZIP 28042 market

What is the median home price in ZIP 28042, NC?

The median sale price in ZIP 28042, NC is $412,000 (data through July 2025), based on deeds recorded with the county.

How many homes sell in ZIP 28042, NC each year?

3 homes sold in ZIP 28042, NC over the last 12 months (data through July 2025). TopHap counts recorded arm's-length deeds, not listings, so the figure is not affected by which brokerage handled the sale.

How many homes are there in ZIP 28042, NC?

ZIP 28042, NC contains 216 residential properties, with a median of 1,636 square feet, built around 1972. The median TopHap Estimate is $230K.

How does ZIP 28042, NC compare to the rest of Cleveland County?

By median home value, ZIP 28042, NC is the 2nd most expensive of 10 ZIP codes in Cleveland County. Its typical home is worth more than 56% of all homes in Cleveland County. Kings Mountain 28086 ranks just above it and Shelby 28152 just below. The ranking is rebuilt nightly from the county assessor record of every home in each area.

Do people own or rent in ZIP 28042, NC?

23% of homes in ZIP 28042, NC are owner-occupied. 9% are held by a company rather than an individual.

How much equity do owners in ZIP 28042, NC hold?

73% of mortgaged homes in ZIP 28042, NC are equity-rich, meaning the loan balance is under half the home's value. 1.9% owe more than the home is worth.

Browse addresses

Every street and address TopHap holds is browsable by state, county and city. Browse North Carolina property records.

Explore ZIP 28042 on the map

See every recorded sale, price heat map, school zone and flood overlay across ZIP 28042 in TopHap’s interactive 3D map.

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A flyover of TopHap's photorealistic 3D map, with recorded sale prices pinned to homes
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