Gastonia, NC 28056 - Real Estate Investment Insights & Performance Data

Welcome to our 28056 real estate data hub, tailored for investors in Gastonia, NC. We aim to provide valuable insights, empowering you to make well-informed decisions in this unique market.

Explore essential data such as home prices, rental rates, and appreciation trends specific to 28056 in Gastonia, NC. Discover Section 8 housing opportunities and challenges to maximize your investment potential in GASTON COUNTY.

Leverage our comprehensive, zip code-specific data to excel in Gastonia, NC real estate investing. Uncover the wealth of information available, and position yourself for success in the Gastonia property market.

• Location Overview

  • Zip Code: 28056
  • City: Gastonia
  • State: NC
  • Metro Area: Charlotte-Concord-Gastonia, NC-SC
  • County Name: GASTON COUNTY

• Real Estate Market Snapshot

  • Average Home Price (All Types): $338,468
  • Average Home Price (Single Family Homes): $341,340
  • Average Monthly Rental Price (All Types): $1,906
  • Price-to-Rent Ratio: 15
  • Zillow Projected % appreciation from 4/2023-4/2024: 2.3%

• Section 8 Housing Insights

  • Average 2 Bedroom Section 8 Rental Rates: $1,070
  • Average 3 Bedroom Section 8 Rental Rates: $1,360
  • Price-to-Rent Ratio for 2 Bedroom Section 8 Properties: 26.36
  • Price-to-Rent Ratio for 3 Bedroom Section 8 Properties: 20.74
  • Number of Units Offered in Section 8 in the County: 807
  • Number of Occupied Units in Section 8 in the County: 773
  • Percentage of Section 8 Units Occupied in the County: 95.80000305%

• Historical & Recent Price Appreciation Rates

  • Total % Appreciation since 1990 (Government Data): 202.35
  • Total % Appreciation since 2000 (Government Data): 119.26
  • YTD Appreciation (Backwards from 4/2023, Realtor Data): -1.1%
  • 1-Year Appreciation (Backwards from 4/2023, Realtor Data): 4.15%
  • 3-Year Appreciation (Backwards from 4/2023, Realtor Data): 47.28%
  • 5-Year Appreciation (Backwards from 4/2023, Realtor Data): 73.12%
  • 10-Year Appreciation (Backwards from 4/2023, Realtor Data): 128.67%
  • 15-Year Appreciation (Backwards from 4/2023, Realtor Data): 87.61%
  • 20-Year Appreciation (Backwards from 4/2023, Realtor Data): 114.01%

• Historical & Recent Rent Appreciation Rates

  • YTD Rent Appreciation (Backwards from 4/2023, Realtor Data): Not Available%
  • 1-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): Not Available%
  • 3-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): Not Available%
  • 5-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): Not Available%