28594 — Carteret County, North Carolina Market Snapshot
Housing market data for zip code 28594 in Carteret County, North Carolina. Updated monthly with median prices, days on market, and more.
Market Sales Data
36 sales in 2026 (year to date)
Median Sale Price
$1,267,500
Days to Sell
77
Homes Sold
36
Inventory
85
Sale-to-List
95.3%
New Listings
59
Price/SqFt
$530
Pending Sales
43
Jumbo Loan Likely Needed
The median home in 28594 at $1,267,500 exceeds the 2026 conforming loan limit of $832,750 by $434,750. Most buyers here will need jumbo loans, which typically require higher credit scores, larger down payments, and come with different rate pricing.
Market Insights
Market Temperature
With homes sitting for 77 days on average, 28594 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 28594 sells for 4.7% below asking price (95.3% sale-to-list), suggesting buyers have negotiating leverage in the current market.
Conforming Loan Feasibility
The median home in 28594 at $1,267,500 exceeds the 2026 conforming loan limit of $832,750 by $434,750. Most buyers here will need jumbo loans, which typically require higher credit scores, larger down payments, and come with different rate pricing.
Loan limits in 28594 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 28594
To purchase the median home at $1,267,500 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $9,861.
Monthly Payment
$9,861
Income Required
$422,622
Principal & Interest
$7,810/mo
Down Payment (5%)
$63,375
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 28594.
Estimated Monthly Payment
$7,994
Jumbo loan required. Loan amount exceeds the $832,750 conforming limit for 28594.
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