28659, North Wilkesboro, NC

The 28659 zip code of North Wilkesboro, NC is located in the western part of the state and has a population of just over 10,000. The median household income in this zip code is just under $50,000 and the homeownership rate is around 68%. Home prices in this area have been on the rise for quite some time now and are currently averaging around $160,000.

There are a number of reasons why home prices in this area have been increasing so rapidly. First and foremost, there is a strong demand for housing here due to the low unemployment rate and high levels of economic prosperity. Additionally, North Wilkesboro is located close to a number of major metropolitan areas – including Charlotte and Raleigh – which means that there is a large pool of potential buyers available. Finally, developers have begun to build more upscale homes in this area – meaning that there are more opportunities for people who want to buy or sell a home that costs more than $100,000.

While it's certainly possible for home prices in this area to continue rising at an accelerated pace, there are several factors that could cause them to slowdown or even decline. For example, if interest rates begin to rise again – as they almost certainly will at some point – then buyers may become less interested in purchasing expensive homes. Additionally, if there were any major developments or construction projects nearby that caused significant disruption (as happened with Hurricane Florence), then prices could fall significantly as a result.