SIALIMStatistical Intelligence for America's Local Investment Markets

28338Ellerbe, NC Home Values

Typical home value $154,363 as of June 2026 · 2nd of 4 in Rockingham, NC

Typical value — June 2026
$154,363
observed, not a forecast
Past 12 months
-0.1%
trailing year-over-year change
Past 5 years
+22.6%
June 2021 to June 2026
Rank in metro
2nd
of 4 ZIP codes, by value

Blue: typical home value (Zillow ZHVI) in ZIP code 28338, June 2021 to June 2026. This page shows observed data only; no forecast.

How 28338 compares in the Rockingham, NC area

ZIP code 28338 (Ellerbe, NC) has a typical home value of $154,363 as of June 2026, ranking 2nd of 4 ZIP codes tracked in the Rockingham, NC area, more expensive than about 75% of ZIP codes in the metro. Prices here have moved -0.1% over the trailing 12 months. Over the past five years, the typical value in this ZIP code has changed +22.6%, from $125,891 in June 2021 to $154,363 in June 2026.

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

Population and demographics

ZIP code 28338 has a population of 3,320, per the Census Bureau's American Community Survey 5-year estimate. By race and ethnicity: 56% White, 27.2% Black or African American, 11.6% Hispanic or Latino, 2.3% another race, 2.3% two or more races, and 0.6% American Indian or Alaska Native.

Nearby public schools

SchoolAddressDistance
Ellerbe Middle128 W Ballard Street, Ellerbe, NC2 mi
Mineral Springs Elementary1426 Green Lake Rd, Ellerbe, NC2.5 mi
Richmond Senior High838 US 1 North, Rockingham, NC10.4 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 28338?

$154,363 as of June 2026, the latest month Zillow has published observed data for.

Is 28338 an expensive ZIP code in the Rockingham, NC area?

28338 ranks 2nd of 4 ZIP codes in the Rockingham, NC area by typical home value, more expensive than about 75% of ZIP codes in the metro.

How much have home values in 28338 changed over the past year?

-0.1% over the trailing 12 months, from observed Zillow data.

What is the population of ZIP code 28338?

3,320, per the US Census Bureau's American Community Survey 5-year estimate.

What are the closest public schools to ZIP code 28338?

Ellerbe Middle (2 mi), Mineral Springs Elementary (2.5 mi), Richmond Senior High (10.4 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 28338?

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 Rockingham, 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.