The story of this market
The typical home in ZIP 28466 sells for about $245,000, or $168 per square foot.
Prices are up +2.1% from a year ago, so sellers still have some momentum. Homes take about 64 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $860 a month.
ZIP 28466 — Wallace
The 28466 housing market remains stable with moderate price growth and balanced inventory levels. Buyers are finding more negotiating room compared to the broader Wilmington metro, driven by a steady supply of homes and a slower pace of sales. The market is currently characterized by affordability relative to coastal areas, attracting local families and long-term residents.
This ZIP is well-suited for family buyers and local workers seeking more affordable housing options compared to the coastal Wilmington metro, while offering a quieter, small-town lifestyle.
Median prices moved up 2.1% year over year.
Homes spend a median of 64 days on market with 4.8 months of supply — a balanced-paced market.
10% of listings have cut prices · homes sell at 98.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 5.7% · poverty 19.9% — a mixed stability 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 6.8%/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 6.0%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
net influx — more people moved in than out
ZCTA 28466, Duplin County 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.
Crime rates in the Wallace area are generally lower than the national average, with property crime being the most frequently reported incident type.
Schools serving the 28466 area are part of the Duplin County School system, which provides standard public education services for the rural community.
The area is subject to regional hurricane and tropical storm risks common to eastern North Carolina, necessitating standard flood and wind insurance coverage.
Economic momentum is driven by local agricultural processing and manufacturing sectors, with steady but modest infrastructure development.
Property taxes are assessed by Duplin County and the Town of Wallace, with rates determined by the combined county and municipal millage applied to the assessed value.
Commuting primarily involves personal vehicle travel via I-40, providing access to the Wilmington employment core and surrounding regional hubs.
Local amenities include community parks, nearby golf facilities, and access to regional outdoor recreation areas within a short driving distance.
The rental market is characterized by stable demand from local workers and families, with limited new multi-family inventory and a steady presence of long-term rental properties.
The local economy is anchored by agriculture, food processing, and manufacturing, with significant employment provided by regional industrial facilities.
Transportation is heavily reliant on private vehicle use, with I-40 serving as the primary corridor for regional connectivity.
Development is focused on small-scale residential infill and industrial expansion projects within the town limits.
Parcels are subject to Duplin County property taxes and local municipal service districts for utilities and emergency services.
Property insurance premiums are influenced by regional wind and flood risk profiles, with standard market availability.
Data retrieved from data.census.gov ZCTA-level tables.
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.
- Jacksonville Paintball & Airsoft Park4.615.1 mi
- Mike's Farm4.712.9 mi
- Mad Boar Restaurant & Pub4.29.1 mi
- Duplin Winery4.914.9 mi
- River Landing Clubhouse4.77.9 mi
- Roller City4.319.1 mi
- Onslow County Museum4.618 mi
- Shadewell4.919.3 mi
- Wallace Town Recreation Department4.211.4 mi
- Bear Trail Golf Club4.611.3 mi
- River Landing4.39 mi
- Albert J Ellis Airport4.212.5 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Community park providing green space and recreational facilities.
Private golf community and residential development serving the area.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.