Forest City, NC

Forest City, NC real estate market: appreciation, rent growth, cap rate, IRR, and property taxes.

Appreciation

: 3.9%/yr.

Rent growth

: 3.0%/yr.

Median cap rate

: 1.8%.

Median IRR

: 1.0%.

Median rental home value

: $369,300.

Median rental rate

: $783/mo.

Median property tax

: $1,178/yr.

Sources: FHFA House Price Index®, U.S. Census Bureau ACS 5-year estimates, and Rescover analysis of public single-family listings, updated October 2026.

Browse analyzed properties in Forest City, NC →

Top listings right now

195 Hollywood St, Forest City, NC 28043 $184,900· 3 bd· 2 ba
428 Oakland Rd, Spindale, NC 28160 $179,900· 2 bd· 1 ba
154 Lovelace Rd, Forest City, NC 28043 $199,000· 3 bd· 2 ba
1378 Poors Ford Rd, Rutherfordton, NC 28139 $200,000· 2 bd· 1.5 ba
165 Springdale Dr, Spindale, NC 28160 $205,000· 3 bd· 1.5 ba
295 Old Mill Rd, Lake Lure, NC 28746 $180,000· 6 bd· 4 ba
708 Goodes Creek Church Rd, Mooresboro, NC 28114 $179,000· 3 bd· 2 ba
231 Wandering Bear Way, Lake Lure, NC 28746 $199,900· 1 bd· 1 ba
164 Basin Trl, Rutherfordton, NC 28139 $230,000· 3 bd· 2 ba
126 Campbell St, Spindale, NC 28160 $245,900· 3 bd· 2 ba
136 Saint John Zion Rd, Rutherfordton, NC 28139 $189,900· 2 bd· 1.5 ba
1953 Big Island Rd, Rutherfordton, NC 28139 $289,000· 2 bd· 1 ba

ZIP codes in Forest City, NC

Rental market data for every ZIP code in this micro area.