Forest City, NC Metro Area - Investment Guide
Metro Area • 8 Cities • 8 ZIP Codes
Avg Home Value
$231,737
Avg Monthly Rent
$996
Avg Cap Rate
3.49%
Avg Investability
3.0 ★
Cities
8
ZIP Codes
8
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Market Trends
Metro Home Value History
Metro Rent History
🏦 30-yr Fixed Rate:
6.76%
as of Sep 10
Source: Freddie Mac PMMS
☀️
WARM MARKET
Forest City, NC Metro Area
Seller-favorable conditions, steady activity
0 days
Average time to sell
Very Fast
7.8%
Listings with price cuts
Few Cuts
0.0%
Sale price vs asking
Below Ask
0.0%
Income needed for mortgage
Affordable
📅
Market conditions data as of August 29, 2026 — updated weekly
Best ZIP codes in Forest City, NC
Every ZIP in the metro, ranked four ways. Free.
Cities in Forest City, NC
Top ZIP Codes by Investability
| ZIP Code | City | State | Home Value | Rent | Cap Rate | Rating |
|---|---|---|---|---|---|---|
| 28139 | Rutherfordton | NC | $248,206 | $954 | 3.00% | |
| 28018 | Bostic | NC | $222,108 | $936 | 3.29% | |
| 28160 | Spindale | NC | $151,218 | $837 | 4.32% | |
| 28040 | Ellenboro | NC | $189,533 | $837 | 3.44% | |
| 28167 | Union Mills | NC | $236,942 | $927 | 3.05% | |
| 28746 | Lake Lure | NC | $446,252 | $1,233 | 2.16% | |
| 28043 | Forest City | NC | $192,784 | $950 | 3.84% | |
| 28114 | Mooresboro | NC | $157,946 | $837 | 4.13% | |
| 28018 | Bostic | NC | $210,487 | $936 | 3.47% | |
| 28139 | Rutherfordton | NC | $251,142 | $954 | 2.96% | |
| 28040 | Ellenboro | NC | $179,690 | $837 | 3.63% | |
| 28160 | Spindale | NC | $151,133 | $837 | 4.32% | |
| 28043 | Forest City | NC | $183,136 | $837 | 3.56% | |
| 28167 | Union Mills | NC | $241,394 | $927 | 3.00% | |
| 28746 | Lake Lure | NC | $447,853 | $1,688 | 2.94% | |
| 28114 | Mooresboro | NC | $155,337 | $837 | 4.20% | |
| 28139 | Rutherfordton | NC | $239,728 | $954 | 3.10% | |
| 28018 | Bostic | NC | $231,158 | $936 | 3.16% | |
| 28160 | Spindale | NC | $145,922 | $837 | 4.47% | |
| 28040 | Ellenboro | NC | $193,888 | $837 | 3.37% | |
| 28167 | Union Mills | NC | $230,571 | $927 | 3.14% | |
| 28746 | Lake Lure | NC | $434,470 | $1,233 | 2.21% | |
| 28043 | Forest City | NC | $193,937 | $950 | 3.82% | |
| 28114 | Mooresboro | NC | $166,159 | $837 | 3.93% | |
| 28018 | Bostic | NC | $209,609 | $936 | 3.48% | |
| 28139 | Rutherfordton | NC | $255,688 | $954 | 2.91% | |
| 28040 | Ellenboro | NC | $179,470 | $837 | 3.64% | |
| 28160 | Spindale | NC | $153,840 | $837 | 4.24% | |
| 28043 | Forest City | NC | $182,179 | $837 | 3.58% | |
| 28167 | Union Mills | NC | $251,319 | $927 | 2.88% | |
| 28746 | Lake Lure | NC | $452,442 | $1,233 | 2.13% | |
| 28114 | Mooresboro | NC | $147,335 | $837 | 4.43% | |
| 28139 | Rutherfordton | NC | $240,727 | $954 | 3.09% | |
| 28018 | Bostic | NC | $228,534 | $936 | 3.19% | |
| 28160 | Spindale | NC | $142,746 | $837 | 4.57% | |
| 28040 | Ellenboro | NC | $191,901 | $837 | 3.40% | |
| 28167 | Union Mills | NC | $234,624 | $927 | 3.08% | |
| 28746 | Lake Lure | NC | $436,977 | $1,233 | 2.20% | |
| 28043 | Forest City | NC | $195,194 | $950 | 3.80% | |
| 28114 | Mooresboro | NC | $166,195 | $837 | 3.93% | |
| 28139 | Rutherfordton | NC | $254,686 | $954 | 2.92% | |
| 28018 | Bostic | NC | $209,609 | $936 | 3.48% | |
| 28040 | Ellenboro | NC | $179,470 | $837 | 3.64% | |
| 28160 | Spindale | NC | $156,852 | $837 | 4.16% | |
| 28043 | Forest City | NC | $182,179 | $837 | 3.58% | |
| 28167 | Union Mills | NC | $248,266 | $927 | 2.91% | |
| 28746 | Lake Lure | NC | $450,632 | $1,233 | 2.13% | |
| 28114 | Mooresboro | NC | $147,335 | $837 | 4.43% | |
| 28139 | Rutherfordton | NC | $240,727 | $954 | 3.09% | |
| 28018 | Bostic | NC | $217,819 | $936 | 3.35% |
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About Forest City, NC Real Estate Market
The Forest City, NC metropolitan statistical area (MSA) encompasses 8 cities and 8 ZIP codes. The average home value across the metro is $231,737, with an average monthly rent of $996. Explore individual cities and ZIP codes to find investment opportunities that match your criteria.