Real Estate Investing in Dunn, North Carolina (28334)

Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.

Harnett County • Population: 22,393 • Data updated: September 2026

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Should you buy in 28334 (Dunn, NC)? Our answer, based on the numbers below.

🏠 For Homebuyers
MIXED
Grade C (64/100)

Mixed signals — some positives, some negatives. Worth considering but not a slam-dunk.

📈 For Investors
MIXED
3.0 / 5 (52/100)

A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.

⚠️ Risks to Know
1 flag
  • High vacancy: 14.8% of homes vacant — above national norms.

What’s happening in Dunn, NC (28334)?

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3.0/ 5

Investability

Overall investment appeal

3.0/ 5

Appreciation

Long-term value growth

4.0/ 5

Cashflow ROI

Rental yield potential

Avg Home Value $227,826
Avg Monthly Rent $1,600
1% Rule ✗ Does Not Meet
Median Income $49,536
% Renters 31.0%

Market Analysis: 28334 Dunn

ZIP 28334 inside Harnett County looks affordable on the surface — median value of $228K — but the discount exists for reasons that a careful buyer should understand before committing.

If the plan assumes clean turnover, on-time rent, and low maintenance on a $228K asset, 28334 is the wrong submarket. If the plan prices in friction, the yield can still work.

Within NC, ZIP 28334 trails on several market indicators that neighboring Harnett County submarkets outperform. The gap is real and impressive enough to shape underwriting.

A significant renter share of 31% in 28334 is not, on its own, a problem — but paired with below-average income and high mobility, it changes the operating playbook.

Experienced landlords with local relationships tend to find 28334 workable. Turnkey investors from out of state usually find the numbers do not hold up in practice.

Explore the Data — Click a Tab Below
🏦 Current 30-yr Fixed Mortgage Rate: 6.76% as of Sep 10 Source: Freddie Mac PMMS

Here's what matters if you're considering buying a home in Dunn:

B Good
Buy Confidence Score: 73/100
Affordability
10/25
Appreciation
25/25
Stability
13/20
Timing
10/15
Rental backup
15/15
Affordability
Moderate
Homes cost 4.6× the median income
Value Trend
Rising (+7.1%)
How home values changed in the past year
Rental Backup
Strong
Could rent for $1,600/mo if you need to move
Market Conditions
COOL
More inventory, negotiating room for buyers
Bottom Line: Mixed signals in this market. Research specific properties carefully and be prepared to negotiate.
❄️
COOL MARKET
Fayetteville, NC Metro Area
More inventory, negotiating room for buyers
53 days
Average time to sell
Average
10.8%
Listings with price cuts
Few Cuts
0.0%
Sale price vs asking
Below Ask
0.0%
Income needed for mortgage
Affordable
📅 Market conditions as of August 29, 2026 — updated weekly from Fayetteville, NC metro data
🏠

Property Strategy for 28334

Which property type performs best in this market?

Best for Cash Flow
2BR
6.3% cap rate
Best for Appreciation
2BR
+11.8% 5yr CAGR
Best Overall Value
5BR
$76,686/bedroom
📊 Compare All Property Types →
Type Median Value Est. Rent Cap Rate 5yr CAGR $/Bedroom
2BR $154,844 $1,350 6.3% +11.8% $77,422
3BR $232,591 $1,660 5.1% +9.4% $77,530
4BR $323,319 $2,200 4.9% +7.8% $80,830
5BR $383,431 +7.7% $76,686

Market Trends

Home Value History (with trend line)

$244K$212K$179K$147K$115K$83KJul 2006Jul 2016Jul 2026

Rent History (with trend line)

$1,648$1,508$1,369$1,230$1,090$951Sep 2025Mar 2026Jul 2026

📊 How Does 28334 Compare?

Metric 28334 Dunn Fayetteville, NC North Carolina
Home Value $227,826 $227,826 N/A $330,565
5-Year CAGR 7.1% 7.1% N/A 7.8%
Avg Rent $1,600 $1,600 N/A -
Cap Rate 5.5% 5.5% - -
💡 Why Invest in 28334? Click to expand

With a 3/5 investability rating, this ZIP shows solid fundamentals for buy-and-hold investors.

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Landlord Ground Truth

Real numbers from people who own or manage rentals in ZIP 28334 (Dunn, NC). Anonymous, moderated, never written by AI.

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Investability
Good
Cap Rate
5.5%
Fair
5yr Growth
+7.1%
Strong

📉 Market Crash Risk Index

Based on Fayetteville, NC metro

1/10
Low Risk
Price YoY
0/3
N/A
Rent YoY
0/2
N/A
Below List
0/3
42%
Days Pending
1/2
53 days

View all metro crash risk rankings →

📊 Market Snapshot

Home Value $227,826
Monthly Rent $1,600
Price-to-Rent 11.9:1
1% Rule ✗ Fails

💰 Return Metrics

Gross Yield 8.4%
Cap Rate 5.5%
5-Year IRR 12.6%

📈 Home Appreciation

1-Year +7.1% ▲
3-Year CAGR +3.6% ▲
5-Year CAGR +7.1% ▲
10-Year CAGR +8.0% ▲

🏠 Rent Trends

1-Year N/A
3-Year CAGR N/A
5-Year CAGR N/A
Negative Leverage — IRR / Tax Play Cap Rate: 5.5%  |  30yr Rate: 6.8%
Leverage reduces cash returns at current rates.

The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (5.5%). 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.

Vacancy
14.8%
Moderate risk
Landlord Climate
4.0/5
Friendly
Value Trend (5yr)
+7.1%
Growing
Eviction process: Moderate Rent control: Favorable

Demographics in 28334

Population: 22,393

💰 Median Household Income
$49,536
This area
$49,536
State
$63,256
USA
$74,580
🏠 Renter Occupied
31.0%
This area
31.0%
State
27.8%
USA
34.0%
💼 Unemployment Rate
1.8%
This area
1.8%
State
-19.3%
USA
3.7%
🎓 College Educated
16.2%
This area
16.2%
State
0.5%
USA
33.7%
👤 Median Age
42.9 years
This area
42.9 years
State
6.5 years
USA
38.9 years
🏚️ Vacancy Rate
14.8%
This area
14.8%
State
19.4%
USA
10.5%
👥 Population by Ethnicity
White 67.2%
Black/African American 20.7%
Other/Mixed 11.7%
Hispanic/Latino 8.9%
Asian 0.4%
👶 Under 18
21.5%
This area
21.5%
USA
22.0%
👴 65 and Over
19.9%
This area
19.9%
USA
17.3%
📊 Poverty Rate
14.5%
This area
14.5%
USA
11.5%

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 28334

B Avg School Grade
7 Schools
16.0:1 Avg Class Size
$12,222 Avg Per Pupil

Schools in This ZIP Code

B+ Above Average

Dunn Elementary

📚 Pre-K – 05 Elementary
👥
799 Students
👨‍🏫
13.6:1 Class Size
💰
$11,473 Per Student
B+ Above Average

Dunn Middle

📚 06 – 08 Middle
👥
399 Students
👨‍🏫
14.5:1 Class Size
💰
$11,473 Per Student
B+ Above Average

Midway Elementary

📚 Pre-K – 05 Elementary
👥
510 Students
👨‍🏫
13.9:1 Class Size
💰
$13,220 Per Student
B+ Above Average

Plain View Elementary

📚 K – 05 Elementary
👥
356 Students
👨‍🏫
14.2:1 Class Size
💰
$13,220 Per Student
B Good

Coats-Erwin Middle

📚 06 – 08 Middle
👥
609 Students
👨‍🏫
17.2:1 Class Size
💰
$11,473 Per Student
B Good

Midway Middle

📚 06 – 08 Middle
👥
601 Students
👨‍🏫
17.3:1 Class Size
💰
$13,220 Per Student
C+ Average

Harnett County Early College

📚 09 – 13 High School
👥
171 Students
👨‍🏫
21.4:1 Class Size
💰
$11,473 Per Student
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

2 Nearby
C
Heritage Bible College
33 students · 5.9 mi
C
Campbell University
5,115 students · 13.6 mi

Frequently Asked Questions

Should investors consider Dunn, NC?

The 3.0/5 investability rating in Dunn, NC reflects its $228K prices and $1,600/mo rents. Investors generally consider it a solid option within NC.

What do landlords charge for rent in Dunn, NC?

Expect rents around $1,600/mo per month in Dunn, NC. With home values at $228K, the yield math works out to reasonable levels for rental investors.

How much does a house cost in Dunn, NC?

Homes in Dunn, NC typically sell near $228K. Prices have moved at a 0.0% 5-year CAGR, which predictable long-term demand.

Which investment style suits Dunn, NC?

A careful cash-flow rentals with hands-on management strategy Dunn, NC best. The market produces predictable results for that approach at the $228K price point.

How deep is the rental pool in Dunn, NC?

Expect a solid tenant pool in Dunn, NC. The rental market absorbs $1,600/mo rents without meaningful friction.

You know 28334 now. You don’t know where it ranks.

This page stays free — all of it. What one page can’t tell you is how 28334 compares to every other market. Investor ($19/mo) screens every U.S. ZIP by cap rate, the 1% rule, vacancy and landlord climate, and exports your shortlist.

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How 28334 ranks in Fayetteville, NC

Every ZIP in this metro, ranked. Free.

Cash Flow → Appreciation → Affordable →
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