Real Estate Investing in Bladenboro, North Carolina (28320)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 28320 (Bladenboro, NC)? Our answer, based on the numbers below.
Mixed — values have been flat. OK for long-horizon buyers, less attractive if you may need to sell soon.
A cash-flow market — rent-to-price math works from day one, though value growth is modest. Great for income-focused investors.
- High vacancy: 19.5% of homes vacant — above national norms.
- Flat appreciation: Values have barely moved over 5 years (0.3% CAGR).
- 1-year downturn: Values declined 7.0% in the last year.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Bladenboro, NC (28320)?
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Market Analysis: 28320 Bladenboro
ZIP 28320 inside Bladen County looks affordable on the surface — median value of $123K — but the discount exists for reasons that a careful buyer should understand before committing.
The investment case in 28320 is durable only for operators who understand what they are buying. A $123K median suggests accessibility, but management intensity, vacancy drift, and capex surprises are real.
Regionally, 28320 sits on the difficult end of the NC spectrum. The an appealing option for read — for disciplined operators — is that pricing reflects the difficulty.
Who lives in 28320 is part of why the ZIP is priced as it is. The demographic profile requires hands-on management, tight screening, and local knowledge.
appears to the ZIP is not uninvestable, but it is unforgiving. Section 8 landlords, local operators, and specialized value-add funds are the investor types that tend to succeed.
Here's what matters if you're considering buying a home in Bladenboro:
Market Trends
Home Value History (with trend line)
📊 How Does 28320 Compare?
| Metric | 28320 | Bladenboro | North Carolina |
|---|---|---|---|
| Home Value | $122,558 | $122,558 | $330,565 |
| 5-Year CAGR | 0.3% | 0.3% | 7.8% |
| Avg Rent | $837 | $837 | - |
| Cap Rate | 5.3% | 5.3% | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 28320 (Bladenboro, NC). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $122,558 |
| Monthly Rent | $837 |
| Price-to-Rent | 12.2:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 8.2% |
| Cap Rate | 5.3% |
| 5-Year IRR | 5.7% |
📈 Home Appreciation
| 1-Year | -7.0% ▼ |
| 3-Year CAGR | -3.3% ▼ |
| 5-Year CAGR | +0.3% ▲ |
| 10-Year CAGR | +3.1% ▲ |
🏠 Rent Trends
| 1-Year | N/A |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (5.3%). Financing reduces your cash-on-cash return below the cap rate. Markets like this may still make sense as IRR plays — factoring in appreciation, depreciation, and a future refinance when rates drop.
Run an IRR Analysis →⚠️ Risk Signals
Composite view of factors that can impact a ZIP's stability and your downside risk.
Demographics in 28320
Population: 7,990
Crime & Safety
Crime & Safety Data Coming Soon
We're integrating comprehensive crime statistics including violent crime rates, property crime, and safety scores to help you make informed investment decisions.
Expected: Q1 2025
🎓 Schools in 28320
Schools in This ZIP Code
About Repit School Scores
Traditional school ratings rely heavily on standardized test scores, which often reflect family income more than school quality. Repit takes a different approach.
We evaluate schools based on factors that research shows actually impact educational outcomes:
- Class Size — Smaller classes mean more individual attention
- School Funding — Resources available for programs, staff, and facilities
- Community Factors — Neighborhood characteristics that influence student success
- School Environment — Size, type, and structure
Scores are updated annually using federal education data.
🎓 Nearby Colleges & Universities
Frequently Asked Questions
What price range are homes in Bladenboro, NC?
Typical homes in Bladenboro, NC go for around $123K. The 5-year CAGR of 0.0% reliable price movement.
Is Bladenboro, NC good for landlords?
The landlord environment in Bladenboro, NC is landlord-friendly. Statewide rules shape most day-to-day operations for rental owners.
How strong are rents in Bladenboro, NC?
Rents in Bladenboro, NC run near $837/mo. Compared with median home prices of $123K that produces solid gross yields for typical rentals.
Is Bladenboro, NC a good place for real estate investing?
Bladenboro, NC scores 3.0/5 for investability. Home values sit at $123K and rents near $837/mo, which keeps the rent-to-price ratio in reasonable territory for buy-and-hold investors.
How strong is the working-renter base in Bladenboro, NC?
Working renters make up the core of the Bladenboro, NC tenant base. The pool is reasonable for investors targeting long-term holds.
You know 28320 now. You don’t know where it ranks.
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