28098 — Gaston County, North Carolina Market Snapshot
Housing market data for zip code 28098 in Gaston County, North Carolina. Updated monthly with median prices, days on market, and more.
Market Sales Data
14 sales in 2026 (year to date)
Median Sale Price
$343,250
Days to Sell
43
Homes Sold
14
Inventory
18
Sale-to-List
99.4%
New Listings
22
Price/SqFt
$194
Pending Sales
N/A
Conforming Loan Available
Most homebuyers in 28098 can comfortably use conventional financing. The median home price of $343,250 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
28098's market is balanced with homes taking an average of 43 days to sell. Buyers have some negotiating room without the pressure of bidding wars.
Sale-to-List Ratio
Homes are selling very close to asking price in 28098 (99.4% sale-to-list ratio), indicating accurate pricing by sellers and steady demand.
Conforming Loan Feasibility
Most homebuyers in 28098 can comfortably use conventional financing. The median home price of $343,250 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 28098 are set at the county level.
2026 Loan Limits — Gaston 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 28098
To purchase the median home at $343,250 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $2,780.
Monthly Payment
$2,780
Income Required
$119,137
Principal & Interest
$2,115/mo
Down Payment (5%)
$17,163
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 28098.
Estimated Monthly Payment
$2,274
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