28801, Asheville, NC

The 28801 zip code of Asheville, NC is home to a number of luxury homes that have seen an increase in their home equity values over the past few years. In fact, according to Zillow, the median home value in this zip code is $269,000 which is considerably higher than the national median home value of $177,500. This has led to a rise in the average monthly mortgage payments for homeowners in this area as well.

According to data from Trulia, the average monthly mortgage payment for homeowners in this zip code is $1,527 which is significantly higher than the national average monthly mortgage payment of $1,172. This indicates that many homeowners in this area are able to afford their homes relatively easily and are not struggling with high monthly payments like many people are across the country.

This high level of affordability has led to an increase in home equity values for homeowners in this area. According to Zillow data, the median home equity value for homeowners in this zip code is $282,000 which is considerably higher than the national median home equity value of $175,000. This indicates that many people who live in this area are able to invest a significant amount of money into their homes and enjoy considerable wealth accumulation over time.