Real Estate Investing in Hampstead, North Carolina (28443)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 28443 (Hampstead, NC)? Our answer, based on the numbers below.
Proceed carefully. Weak appreciation or affordability makes this a harder case for most buyers.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- High vacancy: 14.0% of homes vacant — above national norms.
What’s happening in Hampstead, NC (28443)?
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Market Analysis: 28443 Hampstead
This part of Pender County is not an easy win. The 28443 ZIP shows softness in key indicators, and the playbook that works in cleaner markets often stalls here.
Distressed does not mean uninvestable. It means the margin for error is thinner. ZIP 28443 rewards the prepared, punishes the overconfident, and leaves the math unchanged either way.
Within NC, ZIP 28443 trails on several market indicators that neighboring Pender County submarkets outperform. The gap is real and solid enough to shape underwriting.
The 28443 ZIP's population of 27,203 has faced economic pressure over the last decade. That pressure shows up in rent delinquency patterns that shows the need for careful underwriting.
New investors are better served looking at Hampstead's stable or hybrid ZIPs before stepping into 28443. The learning curve here is expensive when the lesson is wrong.
Here's what matters if you're considering buying a home in Hampstead:
Property Strategy for 28443
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $268,386 | $1,560 | 4.2% | +8.4% | $134,193 |
| 3BR | $441,273 | $2,170 | 3.5% | +8.2% | $147,091 |
| 4BR | $569,265 | $2,620 | 3.3% | +7.7% | $142,316 |
| 5BR | $649,014 | — | — | +7.4% | $129,803 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 28443 Compare?
| Metric | 28443 | Hampstead | Wilmington, NC | North Carolina |
|---|---|---|---|---|
| Home Value | $496,025 | $496,025 | N/A | $330,565 |
| 5-Year CAGR | 5.1% | 5.1% | N/A | 7.8% |
| Avg Rent | $1,990 | $1,990 | N/A | - |
| Cap Rate | 3.1% | 3.1% | - | - |
Similar ZIPs Within 25 Miles
Compare other nearby markets to see if a neighbor offers a better fit.
Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 28443 (Hampstead, NC). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $496,025 |
| Monthly Rent | $1,990 |
| Price-to-Rent | 20.8:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 4.8% |
| Cap Rate | 3.1% |
| 5-Year IRR | 8.3% |
📈 Home Appreciation
| 1-Year | +1.0% ▲ |
| 3-Year CAGR | +1.3% ▲ |
| 5-Year CAGR | +5.1% ▲ |
| 10-Year CAGR | +6.1% ▲ |
🏠 Rent Trends
| 1-Year | +12.2% ▲ |
| 3-Year CAGR | +4.4% ▲ |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (3.1%). 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 28443
Population: 27,203
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 28443
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
Is NC a landlord-friendly state?
Landlord-friendliness in Hampstead, NC is landlord-friendly. Eviction timelines and lease enforcement are considered reasonable by most property managers.
How qualified is the tenant pool in Hampstead, NC?
The tenant pool in Hampstead, NC is solid, supported by local employment and population fundamentals. Rents of $1,990/mo are well-absorbed by the market.
How strong is Hampstead, NC for real estate investors?
Hampstead, NC scores 3.0/5 for investability. Home values sit at $496K and rents near $1,990/mo, which keeps the rent-to-price ratio in reasonable territory for buy-and-hold investors.
Is Hampstead, NC good for house hacking?
House hacking in Hampstead, NC is a challenging. With home values around $496K and rents at $1,990/mo, owner-occupants can offset a meaningful share of PITI.
Is housing expensive in Hampstead, NC?
Hampstead, NC home values average about $496K. That price point suits investors targeting rentals with $1,990/mo in monthly income.
You know 28443 now. You don’t know where it ranks.
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How 28443 ranks in Wilmington, NC
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