ZIP 28040

ZIP 28040 is in the Forest City, NC market. Market numbers below; the ZIP's rank is on the map.

Median cap rate

: 1.9%.

Median IRR

: 1.1%.

Median list price

: $399,000.

Appreciation

: 3.9%/yr .

Rent growth

: 3.0%/yr .

Sources: FHFA House Price Index® (developmental annual index), U.S. Census Bureau ACS 5-year estimates, and Rescover analysis of public listings under system-default underwriting, updated October 2026.

For sale in ZIP 28040

204 Richard Rd, Ellenboro, NC 28040 $219,900· 2 bd· 1 ba
184 Hollis Rd, Ellenboro, NC 28040 $249,900· 3 bd· 2 ba
5238 Brooks Chapel Rd, Ellenboro, NC 28040 $515,000· 3 bd· 2 ba
630 Bugger Hollow Rd, Ellenboro, NC 28040 $450,000· 3 bd· 4.5 ba
252 Spencer St, Ellenboro, NC 28040 $950,000· 6 bd· 5.5 ba
114 Beacon Hl, Ellenboro, NC 28040 $198,000· 2 bd· 1 ba
914 Old Hollis Rd, Ellenboro, NC 28040 $339,900· 3 bd· 2 ba
579 Hollis Rd, Ellenboro, NC 28040 $185,000· 2 bd· 1 ba
630 Boss Moore Rd, Ellenboro, NC 28040 $169,900· 2 bd· 1 ba
366 Shires Rd, Ellenboro, NC 28040 $189,000· 3 bd· 2 ba
128 Old Hollis Rd, Ellenboro, NC 28040 $209,000· 3 bd· 2 ba
278 Right Prong Rd, Ellenboro, NC 28040 $275,000· 2 bd· 2 ba
473 Boss Moore Rd, Ellenboro, NC 28040 $223,000· 3 bd· 2 ba
299 Ellenboro Henrietta Rd, Ellenboro, NC 28040 $225,000· 3 bd· 2 ba
144 E Park Rd, Ellenboro, NC 28040 $234,500· 3 bd· 1 ba
193 Middle St, Ellenboro, NC 28040 $149,000· 1 bd· 1 ba
267 Hoopaugh Ave, Ellenboro, NC 28040 $325,000· 3 bd· 2 ba
517 Cub Creek Rd, Ellenboro, NC 28040 $1,750,000· 8 bd· 10 ba
1300 Towery Trce, Ellenboro, NC 28040 $500,000· 1 bd· 1 ba
505 Glover Rd, Ellenboro, NC 28040 $600,000· 2 bd· 2 ba
929 Old Hollis Rd, Ellenboro, NC 28040 $149,900· 3 bd· 2 ba
170 Dobbins Rd, Ellenboro, NC 28040 $150,000· 2 bd· 1 ba
187 Owens St, Ellenboro, NC 28040 $184,900· 3 bd· 1 ba
215 Cherry Mountain St, Ellenboro, NC 28040 $375,000· 3 bd· 3 ba
126 West St, Ellenboro, NC 28040 $120,000· 2 bd· 1 ba
156 Dobbinsville Ext, Ellenboro, NC 28040 $265,000· 3 bd· 2 ba
408 Hollis Rd, Ellenboro, NC 28040 $350,000· 3 bd· 2.5 ba
229 Friendship Dr, Ellenboro, NC 28040 $171,000· 3 bd· 1 ba
401 Webb Church Rd, Ellenboro, NC 28040 $90,000· 2 bd· 2 ba
311 Soco Gap Rd, Ellenboro, NC 28040 $644,900· 2 bd· 1 ba
168 Robert Church Rd, Ellenboro, NC 28040 $334,000· 3 bd· 2 ba
913 Webb Rd, Ellenboro, NC 28040 $265,000· 3 bd· 1.5 ba
995 Towery Trce, Ellenboro, NC 28040 $825,000· 3 bd· 3 ba
266 Asheland Dr, Ellenboro, NC 28040 $330,000· 3 bd· 2 ba