28655 — Morganton, NC Home Values
Typical home value $266,039 as of June 2026 · 12th of 21 in Hickory-Lenoir-Morganton, NC
Blue: typical home value (Zillow ZHVI) in ZIP code 28655, June 2021 to June 2026. This page shows observed data only; no forecast.
How 28655 compares in the Hickory-Lenoir-Morganton, NC area
ZIP code 28655 (Morganton, NC) has a typical home value of $266,039 as of June 2026, ranking 12th of 21 ZIP codes tracked in the Hickory-Lenoir-Morganton, NC area, more expensive than about 48% of ZIP codes in the metro. Prices here have moved +2.3% over the trailing 12 months. Over the past five years, the typical value in this ZIP code has changed +30.4%, from $204,074 in June 2021 to $266,039 in June 2026. Against observed rent, the typical home here sells for 16.5× the annual rent ($1,344/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 Hickory-Lenoir-Morganton, NC forecast for a modeled outlook, or browse the full ranked list of ZIP codes in Hickory.
Population and demographics
ZIP code 28655 has a population of 56,201, per the Census Bureau's American Community Survey 5-year estimate. By race and ethnicity: 77.1% White, 8.4% Hispanic or Latino, 8.2% Black or African American, 2.8% two or more races, 2.6% Asian, 0.7% another race, 0.1% American Indian or Alaska Native, and 0.1% Native Hawaiian or Pacific Islander.
Nearby public schools
| School | Address | Distance |
|---|---|---|
| Oak Hill Elementary | 2363 NC 181, Morganton, NC | 1 mi |
| Table Rock Middle | 1585 NC 126, Morganton, NC | 1.3 mi |
| Freedom High | 511 Independence Boulevard, Morganton, NC | 2.1 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 28655?
$266,039 as of June 2026, the latest month Zillow has published observed data for.
Is 28655 an expensive ZIP code in the Hickory-Lenoir-Morganton, NC area?
28655 ranks 12th of 21 ZIP codes in the Hickory-Lenoir-Morganton, NC area by typical home value, more expensive than about 48% of ZIP codes in the metro.
How much have home values in 28655 changed over the past year?
+2.3% over the trailing 12 months, from observed Zillow data.
Is it cheaper to buy or rent in ZIP code 28655?
The typical home price is 16.5× the observed annual rent in this ZIP code ($1,344/mo). Lower multiples favor buying over renting, all else equal.
What is the population of ZIP code 28655?
56,201, per the US Census Bureau's American Community Survey 5-year estimate.
What are the closest public schools to ZIP code 28655?
Oak Hill Elementary (1 mi), Table Rock Middle (1.3 mi), Freedom High (2.1 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 28655?
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 Hickory-Lenoir-Morganton, 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.