The story of this market
The typical home in ZIP 28016 sells for about $295,000, or $135 per square foot.
Homes take about 76 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $939 a month.
ZIP 28016 — Bessemer City
The 28016 market in Bessemer City is characterized by a median home value near $243,000 and a significant renter population. Market conditions are tight, requiring disciplined underwriting for investors. Many specific metrics such as exact tax rates and school ratings are not currently published at the ZIP level.
This ZIP is suited for disciplined local operators and investors who can manage the specific headwinds of the Bessemer City market, rather than passive or remote investors.
Median prices moved sideways 0.0% year over year.
Homes spend a median of 76 days on market with 0.0 months of supply — a balanced-paced market.
0% of listings have cut prices · homes sell at 0% of asking — demand is holding steady.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 6.1% · poverty 14.0% — a stable, low-distress profile.
ZCTA 28016, Gaston County NC
The rental market in 28016 features a significant renter share of 36%, though remote landlords and passive investors often face challenges in this specific market.
The local economy is centered in Gaston County, with a labor force of approximately 116,115.
Data sourced from Repit and Census-based estimates for 2026.
Key-figure check: median price diverges 17.6% from the nearest retained anchor (prior refresh cycle) — beyond the 12.5% tolerance; an automated validation case is open and the value publishes pending its verdict. Validation: the flagged $243,000 (-17.6% vs the prior refresh cycle) failed independent re-validation and was reverted to the prior cycle value; the case is under review in the Command Center.