Zip Code:

28806, Asheville, NC

28806 is a North Carolina Zip code within the city of Asheville and the county of Buncombe County. Its population is roughly 43,597.

The Real Estate Market in the 28806 Zip Code of Asheville, NC

Asheville, NC is a popular tourist destination that has seen an influx of people in recent years. This has led to an increase in home prices and home equity. According to Zillow, the median home value in the Asheville area is $269,200. This is significantly higher than the national median home value of $177,500.

The 28806 zip code has seen a significant increase in home equity over the past few years. The average home equity balance in this zip code is $101,000. This represents a 116% increase from 2013 to 2017. The majority of this growth can be attributed to an influx of new residents and tourists into the area.

While there is definitely an increase in home values and equity within the 28806 zip code, it's important to keep in mind that this isn't always indicative of a stable market or investment opportunity. There are many factors that can impact both home prices and equity values, including interest rates, economic conditions, and local real estate trends. If you're interested in investing or buying a property within the Asheville area, it's important to consult with a qualified real estate agent who can help you understand all of your options."

Price Index: Asheville, NC

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