Real Estate Investing in Raeford, North Carolina (28376)
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Should you buy in 28376 (Raeford, NC)? Our answer, based on the numbers below.
Mixed signals — some positives, some negatives. Worth considering but not a slam-dunk.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- Elevated vacancy: 9.2% vacancy may signal weakening demand.
What’s happening in Raeford, NC (28376)?
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Market Analysis: 28376 Raeford
ZIP 28376 inside Hoke County looks affordable on the surface — median value of $287K — but the discount exists for reasons that a careful buyer should understand before committing.
Distressed does not mean uninvestable. It means the margin for error is thinner. ZIP 28376 rewards the prepared, punishes the overconfident, and leaves the math unchanged either way.
Statewide comparisons place 28376 among NC's softer markets. That context does not make the ZIP uninvestable, but it does raise the bar for due diligence.
The demographic picture in 28376 includes headwinds that any investor should price in. Income distribution skews lower than Raeford averages, and tenant stability requires active management.
trends toward 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 Raeford:
Property Strategy for 28376
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 3BR | $270,607 | $1,540 | 4.1% | +9.9% | $90,202 |
| 4BR | $340,715 | $1,860 | 3.9% | +8.1% | $85,179 |
| 5BR | $398,620 | — | — | +8.1% | $79,724 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 28376 Compare?
| Metric | 28376 | Raeford | Fayetteville, NC | North Carolina |
|---|---|---|---|---|
| Home Value | $286,824 | $286,824 | N/A | $330,565 |
| 5-Year CAGR | 7.0% | 7.0% | N/A | 7.8% |
| Avg Rent | $1,764 | $1,764 | N/A | - |
| Cap Rate | 4.8% | 4.8% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 28376 (Raeford, NC). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $286,824 |
| Monthly Rent | $1,764 |
| Price-to-Rent | 13.6:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 7.4% |
| Cap Rate | 4.8% |
| 5-Year IRR | 11.8% |
📈 Home Appreciation
| 1-Year | +1.9% ▲ |
| 3-Year CAGR | +2.9% ▲ |
| 5-Year CAGR | +7.0% ▲ |
| 10-Year CAGR | +6.2% ▲ |
🏠 Rent Trends
| 1-Year | +1.8% ▲ |
| 3-Year CAGR | +3.3% ▲ |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (4.8%). 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 28376
Population: 43,980
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 28376
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.
Frequently Asked Questions
What is the investability score for Raeford, NC?
Raeford, NC rates 3.0/5 for investability. With median values at $287K and rents near $1,764/mo, the market offers reasonable fundamentals for rental investors.
What is the average monthly rent in Raeford, NC?
Average rent in Raeford, NC is approximately $1,764/mo per month. Against $287K home values that yields a reasonable rent-to-price ratio.
Are renters plentiful in Raeford, NC?
The renter base in Raeford, NC is reasonable for the $1,764/mo price point. Screening well and pricing to market typically yields even-keeled tenants.
Should investors worry about vacancy in Raeford, NC?
Rental vacancy in Raeford, NC is elevated. Investors should budget normal turnover but not chronic empty units.
What type of investing works in Raeford, NC?
For Raeford, NC, careful cash-flow rentals with hands-on management is the standard investor playbook. The market structure makes it a reasonable default approach.
You know 28376 now. You don’t know where it ranks.
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How 28376 ranks in Fayetteville, NC
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