The story of this market
The typical home in ZIP 28138 sells for about $300,000, or $165 per square foot.
Prices are up +2.5% from a year ago, so sellers still have some momentum. Homes take about 55 days to sell. HUD's fair market rent for a two-bedroom is $966 a month.
ZIP 28138 — Rockwell
The 28138 housing market shows stable demand with moderate price appreciation, driven by its affordability relative to the broader Charlotte metro area. While inventory remains tight, the market is balanced for buyers and sellers, with most activity concentrated in the sub-$350k price range.
This ZIP is well-suited for families and commuters seeking a lower cost of living compared to the Charlotte urban core while maintaining access to regional employment hubs.
Median prices moved up 2.5% year over year.
Homes spend a median of 55 days on market with 4.2 months of supply — a fast-moving market.
15% of listings have cut prices · homes sell at 97.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 1.9% · poverty 6.5% — a stable, low-distress profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 8.4%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this ZIP's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 2.9%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
net influx — more people moved in than out
ZCTA 28138, Rowan County NC
Crime rates in the Rockwell area are generally lower than the North Carolina state average, with property crime being the most frequently reported incident type.
Schools serving the 28138 ZIP code are part of the Rowan-Salisbury School System, which provides a mix of rural and suburban educational settings with varying performance ratings.
The area is primarily inland and faces standard regional risks for severe thunderstorms and occasional high winds, with minimal direct coastal flood exposure.
Economic momentum is driven by proximity to the larger Charlotte-Concord-Gastonia metropolitan area, with local growth focused on residential expansion and small-scale commercial development.
Property taxes are assessed by Rowan and Cabarrus counties at a combined rate structure that includes municipal and school district levies; exemptions are available for homesteads and seniors.
Residents typically commute by car toward Salisbury, Concord, or Charlotte, with travel times averaging 25-35 minutes depending on the destination.
The area features access to local parks, community sports fields, and proximity to High Rock Lake for water-based recreation and fishing.
The rental market is characterized by a mix of single-family homes and small apartment complexes, with stable demand and limited new multi-family inventory.
The local economy is supported by manufacturing, retail, and service industries, with many residents commuting to larger employers in the Charlotte metro area.
Transportation is primarily highway-dependent, with access to I-85 providing the main corridor for regional transit.
Development is focused on low-density residential growth and small-scale commercial infill along major thoroughfares.
The county appraisal districts conduct periodic revaluations to align assessed values with market trends.
Parcels are subject to county and municipal tax districts, with specific fire and utility service districts applicable in unincorporated areas.
Property insurance premiums are influenced by regional weather patterns, with standard coverage available for wind and hail.
North Carolina is a non-judicial foreclosure state, typically utilizing a power-of-sale clause in the deed of trust.
North Carolina requires sellers to provide a Residential Property and Owners' Association Disclosure Statement to buyers.
Data retrieved from data.census.gov ZCTA 28138 profile.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
- Great Wolf Lodge | Concord4.319.8 mi
- K1 Speed Concord4.418.5 mi
- iFLY Indoor Skydiving - Charlotte4.619.7 mi
- Chuck E. Cheese4.119.9 mi
- Charlotte Fair3.919 mi
- Charlotte Motor Speedway4.719 mi
- Cabarrus Arena & Events Center4.410.2 mi
- zMAX Dragway4.818.7 mi
- Village Park4.811.9 mi
- K1 Speed Concord4.418.5 mi
- N.C. Transportation Museum4.711.4 mi
- Village Park4.811.9 mi
- Tiger World4.64.5 mi
- Cinemark Tinseltown Salisbury4.39.1 mi
- Gem Theatre4.711.6 mi
- N.C. Transportation Museum4.711.4 mi
- Reed Gold Mine4.716.6 mi
- Hendrick Motorsports4.719.7 mi
- Hendrick Motorsports Museum and Team Store4.819.6 mi
- Southern Grace Distilleries4.98.6 mi
- Dan Nicholas Park4.68.5 mi
- Village Park4.811.9 mi
- Tiger World4.64.5 mi
- Camp T.N. Spencer Park4.65.9 mi
- J.W. (Mickey) McGee Park4.711.4 mi
- Tamarac Marina & Restaurant4.48.8 mi
- Old North State Club4.917.8 mi
- High Rock Marina and Campground4.614.6 mi
- Mc Canless Golf Course4.17.4 mi
- Corbin Hills Golf Club48.9 mi
- Carolina Mall4.211.7 mi
- Webb Road Flea Market4.38 mi
- Gibson Mill4.712.7 mi
- Frescal Supermarket4.412.9 mi
- Harris Teeter4.412.1 mi
- Concord-Padgett Regional Airport4.419.2 mi
- Taxi Charlotte. NC Yellow Taxi Charlotte3.521 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Local community park with playground and picnic facilities.
Major regional reservoir offering boating, fishing, and recreation.
Key-figure check: median price corroborated by the prior refresh cycle (within 12.5%).