28741, Highlands, NC

The 28741 zip code of Highlands, NC has a median home value of $236,000 and a median home equity value of $128,000. These values are significantly higher than the statewide median home value of $173,500 and the statewide median home equity value of $101,200.

There are several factors that contribute to the high values in the 28741 zip code of Highlands. First, this area is located in one of the most affluent counties in North Carolina. Second, there is a high demand for homes in this area due to its proximity to downtown Asheville and other major attractions. Finally, homes in this zip code are typically well-maintained and have a low rate of foreclosure.

Despite these positive factors, there are some risks associated with buying a home in the 28741 zip code of Highlands. First, prices may continue to rise over time due to increased demand and limited supply. Second, interest rates may increase over time which could reduce the overall value of your home equity investment. Third, if you decide to sell your home later on down the road it may be difficult to do so due to high prices or limited inventory availability.