Fastest-Appreciating ZIP Codes in Forest City, NC (2026)

Ranked by 5-year compound annual growth in home values. Fast growth and strong cash flow rarely appear in the same ZIP — this is the other side of that trade.

# ZIP City Home value Rent Cap rate 5-yr growth
1 28746 Lake Lure, NC $447,853 $1,688 2.94% 6.1%
2 28160 Spindale, NC $151,133 $837 4.32% 5.2%
3 28139 Rutherfordton, NC $251,142 $954 2.96% 4.7%
4 28043 Forest City, NC $192,784 $950 3.84% 4.1%
5 28040 Ellenboro, NC $189,533 $837 3.44% 4.0%
6 28167 Union Mills, NC $241,394 $927 3.00% 4.0%
7 28018 Bostic, NC $222,108 $936 3.29% 3.9%
8 28114 Mooresboro, NC $157,946 $837 4.13% 2.5%

Ranked from Repit’s own ZIP-level data — Zillow home values and rents, HUD fair-market rents where Zillow has no coverage, and U.S. Census vacancy. Cap rate is gross: annual rent over purchase price, before financing and expenses. Every ZIP above links to its full free page. How we calculate this →

Same metro, different strategy

Cash Flow in Forest City, NC  ·  Affordable in Forest City, NC

Or see the full Forest City, NC metro profile.