28512 — Carteret County, North Carolina Market Snapshot

Housing market data for zip code 28512 in Carteret County, North Carolina. Updated monthly with median prices, days on market, and more.

Data as of May 2026

Market Sales Data

71 sales in 2026 (year to date)

Source: Redfin

Median Sale Price

$651,000

11.3% YoYClosed sales

Days to Sell

80

Median, listing to close

Homes Sold

71

Closed in 2026

Inventory

171

Sale-to-List

96.4%

New Listings

139

Price/SqFt

$451

Pending Sales

91

Conforming Loan Available

Most homebuyers in 28512 can comfortably use conventional financing. The median home price of $651,000 is well below the 2026 conforming loan limit of $832,750, meaning buyers can put as little as 3-5% down without hitting jumbo loan territory.

Market Insights

Market Temperature

With homes sitting for 80 days on average, 28512 favors buyers. There may be opportunities to negotiate below asking price or request seller concessions for closing costs or rate buydowns.

Sale-to-List Ratio

The average home in 28512 sells for 3.6% below asking price (96.4% sale-to-list), suggesting buyers have negotiating leverage in the current market.

Conforming Loan Feasibility

Most homebuyers in 28512 can comfortably use conventional financing. The median home price of $651,000 is well below the 2026 conforming loan limit of $832,750, meaning buyers can put as little as 3-5% down without hitting jumbo loan territory.

Loan limits in 28512 are set at the county level.

2026 Loan Limits — Carteret County

Property Units Conforming Limit FHA Limit
1 Unit$832,750$541,287
2 Units$1,066,250$693,050
3 Units$1,288,800$837,700
4 Units$1,601,750$1,041,125

Affordability Snapshot — Zip 28512

To purchase the median home at $651,000 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $5,138.

Monthly Payment

$5,138

Income Required

$220,189

Principal & Interest

$4,011/mo

Down Payment (5%)

$32,550

Based on 30-year fixed at 6.75%, 1.8% property tax, $1,800/yr insurance, 28% DTI guideline.

Mortgage Calculator

Estimate your monthly payment for a home in 28512.

%
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Estimated Monthly Payment

$4,179

Principal & Interest$3,378
Property Tax$651
Insurance$150
Loan Amount$520,800
Total Interest$695,244
Income Required$179,096/yr

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