The story of this market
The typical home in ZIP 28375 sells for about $329,900, or $165 per square foot.
Prices are roughly flat from a year ago (-0.4%), a market in balance. Homes take about 42 days to sell. HUD's fair market rent for a two-bedroom is $1,141 a month.
ZIP 28375 — Proctorville
The Raeford housing market is showing signs of stabilization with a median price of $329,900. While year-over-year prices have seen a slight decline, the market remains competitive due to consistent demand from the military-adjacent workforce. Inventory levels are currently balanced, supporting a steady pace of sales.
Raeford is well-suited for military families, first-time homebuyers, and those seeking a more affordable cost of living compared to larger urban centers. It offers a suburban lifestyle with convenient access to major regional employment hubs.
Median prices moved down 0.4% year over year.
Homes spend a median of 42 days on market with 3.8 months of supply — a fast-moving market.
18% of listings have cut prices · homes sell at 98.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 0.0% · poverty 9.9% — a stable, low-distress profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 9.6%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this ZIP's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 7.8%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
net influx — more people moved in than out
ZCTA 28375, Hoke County NC
ACS 2024 5-year estimates. Aggregate published statistics for this ZIP — never individual records, and never an attribute of any individual property or resident.
Crime rates in Raeford are generally consistent with regional averages for Hoke County, with property crime being the primary concern. Local law enforcement maintains a stable presence, though residents are encouraged to utilize standard safety precautions.
Schools in the area are primarily served by the Hoke County School District, which provides a range of public education options. Performance ratings vary by campus, with ongoing efforts to improve student outcomes and facility resources.
The area is subject to standard regional risks, including potential for heavy rainfall and tropical storm impacts. Property insurance remains available, though premiums are influenced by regional flood and wind exposure profiles.
Raeford benefits from its proximity to Fort Liberty, which serves as a major economic anchor for the region. Development momentum is driven by residential expansion to support military personnel and civilian workforce growth.
Property taxes are assessed at the county level by Hoke County, with rates applied to the appraised value of real property. Special districts may apply for specific utility or fire services, and exemptions are available for qualifying homesteads and veterans.
Commuting from Raeford primarily involves highway travel toward Fayetteville or Fort Liberty. Most residents rely on personal vehicles, as public transit options are limited in this suburban-rural transition zone.
The area offers access to local parks, community sports facilities, and proximity to regional outdoor recreation. Shopping and dining are concentrated along the main commercial corridors within the city limits.
The rental market is characterized by moderate demand, largely supported by the military population. Vacancy rates remain relatively low, and rent growth has stabilized following recent inflationary pressures.
The local economy is heavily influenced by the proximity to Fort Liberty, with significant employment in defense, government, and support services. Retail and healthcare sectors also provide a stable base for the local workforce.
Transportation infrastructure is centered on regional highway connectivity, facilitating access to Fayetteville and surrounding areas. Public transit is minimal, necessitating reliance on private vehicles.
Planning efforts are focused on managing residential growth and expanding infrastructure to support the increasing population. Development is primarily concentrated in new subdivisions on the city's periphery.
The Hoke County Tax Assessor manages property valuations, conducting periodic revaluations to ensure assessments align with market conditions.
Parcels are subject to Hoke County property taxes, with additional levies for school district funding and local fire/emergency services.
Property insurance premiums are influenced by regional hazard profiles, including wind and storm risks common to the North Carolina coastal plain.
North Carolina continues to experience positive net domestic migration, driven by job growth and a relatively lower cost of living compared to national averages.
North Carolina operates as a non-judicial foreclosure state, allowing for a streamlined process under the power of sale clause in deeds of trust.
Sellers are required to provide a residential property disclosure statement, detailing the condition of the property and any known material defects.
Data retrieved from data.census.gov for ZCTA 28375.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
- Golden Corral Buffet & Grill4.113 mi
- Lake View Motor Speedway4.713.9 mi
- Adelio's Restaurant4.210 mi
- Givens Performing Arts Center4.717.4 mi
- Lumber River State Park4.66.3 mi
- Luther Britt Park4.510.6 mi
- Lumberton Bowling Center4.611 mi
- Northeast Park4.512.4 mi
- Hometown Cinemas411.7 mi
- Exploration Station4.79.9 mi
- Lumbee Tribe Cultural Center4.820 mi
- Lumber River State Park4.66.3 mi
- Luther Britt Park4.510.6 mi
- Northeast Park4.512.4 mi
- Fair Bluff River Walk4.711.2 mi
- Jerry Giles Park411.5 mi
- Fairmont Golf Course4.63.9 mi
- Pinecrest Country Club & Golf Course4.410.8 mi
- Biggs Park Mall3.911.3 mi
- Nissan of Lumberton4.411.2 mi
- Belk4.111.2 mi
- Lowery's Seafood Market4.29.9 mi
- Dollar General4.110 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area ranked by popularity within the radius shown.
Preserves local history and cultural heritage.
Provides trails and outdoor recreational space for residents.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.