SIALIMStatistical Intelligence for America's Local Investment Markets

28097Locust, NC Home Values

Typical home value $387,820 as of June 2026 · 2nd of 8 in Albemarle, NC

Typical value — June 2026
$387,820
observed, not a forecast
Past 12 months
+0.4%
trailing year-over-year change
Past 5 years
+28.1%
June 2021 to June 2026
Rank in metro
2nd
of 8 ZIP codes, by value

Blue: typical home value (Zillow ZHVI) in ZIP code 28097, June 2021 to June 2026. This page shows observed data only; no forecast.

How 28097 compares in the Albemarle, NC area

ZIP code 28097 (Locust, NC) has a typical home value of $387,820 as of June 2026, ranking 2nd of 8 ZIP codes tracked in the Albemarle, NC area, more expensive than about 88% of ZIP codes in the metro. Prices here have moved +0.4% over the trailing 12 months. Over the past five years, the typical value in this ZIP code has changed +28.1%, from $302,714 in June 2021 to $387,820 in June 2026. Against observed rent, the typical home here sells for 12.6× the annual rent ($2,555/mo), a common way to gauge whether buying looks cheap relative to renting in this ZIP code.

Every figure above is observed Zillow data. Sialim's forecasting engine works at the metro level; see the Albemarle, NC forecast for a modeled outlook, or browse the full ranked list of ZIP codes in Albemarle.

Population and demographics

ZIP code 28097 has a population of 7,976, per the Census Bureau's American Community Survey 5-year estimate. By race and ethnicity: 94.5% White, 3.4% Hispanic or Latino, 1.2% Black or African American, and 0.9% two or more races.

Nearby public schools

SchoolAddressDistance
West Stanly Middle School339 Running Creek Church Rd, Locust, NC1.6 mi
Locust Elementary103 School Rd, Locust, NC2.7 mi
West Stanly High306 East Red Cross Road, Oakboro, NC3.3 mi

Distance is straight-line from the ZIP code's center; driving distance will be longer. School attendance is set by district boundaries, not proximity. Confirm which school a specific address is zoned for with the local school district. Source: National Center for Education Statistics.

Frequently asked questions

What is the typical home value in ZIP code 28097?

$387,820 as of June 2026, the latest month Zillow has published observed data for.

Is 28097 an expensive ZIP code in the Albemarle, NC area?

28097 ranks 2nd of 8 ZIP codes in the Albemarle, NC area by typical home value, more expensive than about 88% of ZIP codes in the metro.

How much have home values in 28097 changed over the past year?

+0.4% over the trailing 12 months, from observed Zillow data.

Is it cheaper to buy or rent in ZIP code 28097?

The typical home price is 12.6× the observed annual rent in this ZIP code ($2,555/mo). Lower multiples favor buying over renting, all else equal.

What is the population of ZIP code 28097?

7,976, per the US Census Bureau's American Community Survey 5-year estimate.

What are the closest public schools to ZIP code 28097?

West Stanly Middle School (1.6 mi), Locust Elementary (2.7 mi), West Stanly High (3.3 mi), by straight-line distance from the ZIP code's center. School attendance is set by district boundaries, not proximity. Confirm assignment with the local school district.

Is this page showing a forecast for 28097?

No. Every number on this page is observed Zillow data as of June 2026, not a forecast. Sialim's forecasting engine runs at the metro level; see the Albemarle, NC forecast for a modeled outlook.

ZIP-level values shown here are observed Zillow data, not forecasts. Sialim's forecasting engine works at the metro level today; ZIP-level forecasts are planned for Sialim Pro. Data © Zillow, via Zillow Research.