The story of this market
The typical home in ZIP 28147 sells for about $300,000, or $182 per square foot.
Prices are down 19% from a year ago, which gives buyers more room to negotiate. Homes take about 55 days to sell. HUD's fair market rent for a two-bedroom is $1,158 a month.
ZIP 28147 — Salisbury
The 28147 housing market is currently experiencing a cooling phase with a significant year-over-year decline in median prices. Increased inventory levels and a slower sales pace suggest a shift toward a more buyer-friendly environment. Market participants remain cautious as price adjustments continue to reflect broader economic trends.
This ZIP code is suitable for family buyers and those seeking a suburban environment with access to Salisbury's amenities, though investors should note the recent price volatility.
Median prices moved down 19.0% year over year.
Homes spend a median of 55 days on market with 3.0 months of supply — a fast-moving market.
3% of listings have cut prices · homes sell at 102% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 5.5% · poverty 20.6% — a mixed stability profile.
versus the prior ACS vintage
ZCTA 28147, Rowan County NC
The area has a moderate risk of flooding and a moderate wind factor risk due to potential hurricane activity.
The area is experiencing moderate development activity with various residential listings and ongoing real estate market adjustments.
Property taxes are assessed at the county level by Rowan County; specific district rates vary by municipality and special service districts.
The area features local parks and proximity to regional shopping and dining districts in Salisbury.
The rental market is characterized by a prevalence of 2-bedroom units with moderate vacancy pressure.
The local economy is anchored by the broader Salisbury and Rowan County industrial and commercial sectors.
Parcels are subject to Rowan County property tax assessments and applicable municipal service districts.
Property insurance costs are influenced by moderate flood and wind hazard risk profiles.
Data retrieved from data.census.gov ZCTA-level tables.
- Trackhouse Motorplex4.713.2 mi
- The Quarry at Carrigan Farms4.713.3 mi
- The Pit Indoor Kart Racing4.416.1 mi
- New Victory Lanes4.418.1 mi
- FearLess Adventure Park4.418.8 mi
- Carrigan Farms4.413.2 mi
- Village Park4.813.9 mi
- Trackhouse Motorplex4.713.2 mi
- The Quarry at Carrigan Farms4.713.3 mi
- Stars and Strikes4.319.9 mi
- Lazy 5 Ranch4.610.1 mi
- N.C. Transportation Museum4.77.4 mi
- Patterson Farm Market & Tours Inc4.77.5 mi
- Tiger World4.611 mi
- Cinemark Tinseltown Salisbury4.36.6 mi
- N.C. Transportation Museum4.77.4 mi
- North Carolina Auto Racing Hall of Fame4.918.3 mi
- Waterworks Visual Art Center4.75.9 mi
- North Carolina Music Hall Of Fame4.714.6 mi
- Memory Lane Museum4.619.2 mi
- Riverpark at Cooleemee Falls: The Bullhole4.37.8 mi
- Dan Nicholas Park4.612.7 mi
- Tiger World4.611 mi
- Boone's Cave Park4.58.9 mi
- Salisbury Community Park4.60.2 mi
- The Revival Golf Course At The Crescent4.13.9 mi
- Mc Canless Golf Course4.18.8 mi
- Corbin Hills Golf Club47.5 mi
- Webb Road Flea Market4.37.2 mi
- Patterson Farm Market & Tours Inc4.77.5 mi
- Harris Teeter4.44.4 mi
- Marshalls4.56.8 mi
- Burlington46.2 mi
- Concord-Padgett Regional Airport4.423.4 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Local green spaces serving the community.
Key-figure check: median price corroborated by the published ten-year series (2025) (within 12.5%).