28371 — Hoke County, North Carolina Market Snapshot
Housing market data for zip code 28371 in Hoke County, North Carolina. Updated monthly with median prices, days on market, and more.
Market Sales Data
38 sales in 2026 (year to date)
Median Sale Price
$271,499
Days to Sell
71
Homes Sold
38
Inventory
34
Sale-to-List
99.0%
New Listings
38
Price/SqFt
$187
Pending Sales
40
Conforming Loan Available
Most homebuyers in 28371 can comfortably use conventional financing. The median home price of $271,499 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 71 days on average, 28371 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
Homes are selling very close to asking price in 28371 (99.0% sale-to-list ratio), indicating accurate pricing by sellers and steady demand.
Conforming Loan Feasibility
Most homebuyers in 28371 can comfortably use conventional financing. The median home price of $271,499 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 28371 are set at the county level.
2026 Loan Limits — Hoke 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 28371
To purchase the median home at $271,499 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $2,230.
Monthly Payment
$2,230
Income Required
$95,577
Principal & Interest
$1,673/mo
Down Payment (5%)
$13,575
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 28371.
Estimated Monthly Payment
$1,830
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