28715 — Buncombe County, North Carolina Market Snapshot
Housing market data for zip code 28715 in Buncombe County, North Carolina. Updated monthly with median prices, days on market, and more.
Market Sales Data
69 sales in 2026 (year to date)
Median Sale Price
$436,000
Days to Sell
74
Homes Sold
69
Inventory
117
Sale-to-List
97.2%
New Listings
110
Price/SqFt
$254
Pending Sales
85
Conforming Loan Available
Most homebuyers in 28715 can comfortably use conventional financing. The median home price of $436,000 is well below the 2026 conforming loan limit of $832,750, meaning buyers can put as little as 3-5% down without hitting jumbo loan territory.
Market Insights
Market Temperature
With homes sitting for 74 days on average, 28715 favors buyers. There may be opportunities to negotiate below asking price or request seller concessions for closing costs or rate buydowns.
Sale-to-List Ratio
The average home in 28715 sells for 2.8% below asking price (97.2% sale-to-list), suggesting buyers have negotiating leverage in the current market.
Conforming Loan Feasibility
Most homebuyers in 28715 can comfortably use conventional financing. The median home price of $436,000 is well below the 2026 conforming loan limit of $832,750, meaning buyers can put as little as 3-5% down without hitting jumbo loan territory.
Loan limits in 28715 are set at the county level.
2026 Loan Limits — Buncombe County
| Property Units | Conforming Limit | FHA Limit |
|---|---|---|
| 1 Unit | $832,750 | $541,287 |
| 2 Units | $1,066,250 | $693,050 |
| 3 Units | $1,288,800 | $837,700 |
| 4 Units | $1,601,750 | $1,041,125 |
Affordability Snapshot — Zip 28715
To purchase the median home at $436,000 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $3,490.
Monthly Payment
$3,490
Income Required
$149,592
Principal & Interest
$2,686/mo
Down Payment (5%)
$21,800
Based on 30-year fixed at 6.75%, 1.8% property tax, $1,800/yr insurance, 28% DTI guideline.
Mortgage Calculator
Estimate your monthly payment for a home in 28715.
Estimated Monthly Payment
$2,848
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