The story of this market
The typical home in ZIP 28447 sells for about $194,300, or $115 per square foot.
Prices are up +2.1% from a year ago, so sellers still have some momentum. Homes take about 98 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $1,150 a month.
ZIP 28447 — Ivanhoe
The housing market in 28447 is characterized by low inventory and slow turnover, typical of a rural agricultural area. Prices remain stable with limited appreciation, driven by local demand rather than speculative investment. The market is currently balanced for long-term residents rather than active investors.
This area is best suited for those seeking rural living, agricultural land, or affordable housing away from urban centers.
Median prices moved up 2.1% year over year.
Homes spend a median of 98 days on market with 6.5 months of supply — a slower-moving market.
5% of listings have cut prices · homes sell at 96% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 3.3% · poverty 13.1% — a stable, low-distress profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 5.0%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this ZIP's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 4.0%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
in-migration and out-migration balanced
ZCTA 28447, Ivanhoe NC
ACS 2024 5-year estimates. Aggregate published statistics for this ZIP — never individual records, and never an attribute of any individual property or resident.
The area is subject to flood risks associated with the Black River basin and coastal storm surge potential.
Economic activity is primarily driven by agriculture and forestry, with limited new commercial development.
Property taxes are assessed at the county level by Sampson County with additional fire district levies.
Residents typically commute by car to employment centers in Clinton or Wilmington, with average commute times exceeding 30 minutes.
The area features proximity to the Black River for boating and fishing, with limited local shopping and dining options.
The rental market is characterized by low inventory and primarily consists of single-family homes.
The local economy is heavily reliant on the agricultural sector, including livestock and crop production.
Transportation is entirely dependent on private vehicles via state highways.
No major commercial or residential developments are currently reported for this rural ZIP code.
Sampson County Tax Office conducts periodic revaluations to determine property tax assessments.
Parcels are subject to Sampson County general taxes and local rural fire district assessments.
Property insurance premiums are influenced by flood zone designations and proximity to the coast.
North Carolina is a non-judicial foreclosure state.
Sellers are required to provide a Residential Property and Owners' Association Disclosure Statement.
Data retrieved from data.census.gov for ZCTA 28447.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
Provides recreational opportunities for fishing and kayaking.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.