The story of this market
The typical home in ZIP 28619 sells for about $198,600, or $136 per square foot.
Prices are up +3.3% from a year ago, so sellers still have some momentum. Homes take about 88 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $759 a month.
ZIP 28619 — Drexel
The housing market in ZIP 28619 is characterized by modest price points and limited inventory, reflecting the broader stability of the Burke County market. Demand is driven by local residents and commuters seeking affordable housing options near the Hickory-Lenoir-Morganton corridor. Market activity remains steady with low turnover and minimal price volatility.
This ZIP fits budget-conscious buyers and those seeking a quiet, small-town environment with access to regional employment in the Hickory-Lenoir-Morganton area.
Median prices moved up 3.3% year over year.
Homes spend a median of 88 days on market with 0.0 months of supply — a slower-moving market.
0% of listings have cut prices · homes sell at 98% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 28.3% · poverty 9.4% — a mixed stability profile.
versus the prior ACS vintage
in-migration and out-migration balanced
ZCTA 28619, Burke County NC
ACS 2024 5-year estimates. Aggregate published statistics for this ZIP — never individual records, and never an attribute of any individual property or resident.
The area is part of the Hickory-Lenoir-Morganton MSA, which benefits from regional manufacturing and logistics employment hubs.
Property taxes are assessed at the county level in Burke County; specific municipal rates apply for properties within the town limits of Drexel.
Residents primarily commute via highway corridors toward employment centers in Hickory and Morganton.
The area offers proximity to Lake Rhodhiss for water-based recreation and local parks within the town of Drexel.
The rental market is characterized by limited inventory and stable demand, with a mix of single-family rentals and older housing stock.
The local economy is anchored by the broader Hickory-Lenoir-Morganton MSA, which features a mix of manufacturing, healthcare, and retail sectors.
The area is served by regional highway networks; public transit options are limited, necessitating personal vehicle use for most commutes.
Development is primarily focused on small-scale residential infill and infrastructure maintenance within the town of Drexel.
Burke County Central Appraisal District manages property assessments for the area.
Parcels are subject to Burke County property taxes and may fall within specific fire and utility service districts.
Property insurance premiums are influenced by regional hazard profiles, including wind and storm risks common to Western North Carolina.
Data retrieved from Census ACS 5-year estimates for ZCTA 28619.
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.
A major regional reservoir providing boating, fishing, and recreational access.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.