28732 — Buncombe County, North Carolina Market Snapshot

Housing market data for zip code 28732 in Buncombe County, North Carolina. Updated monthly with median prices, days on market, and more.

Data as of May 2026

Market Sales Data

12 sales in 2026 (year to date)

Source: Redfin

Median Sale Price

$276,000

-25.3% YoYClosed sales

Days to Sell

103

Median, listing to close

Homes Sold

12

Closed in 2026

Inventory

18

Sale-to-List

98.4%

New Listings

16

Price/SqFt

$213

Pending Sales

14

Conforming Loan Available

Most homebuyers in 28732 can comfortably use conventional financing. The median home price of $276,000 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 103 days on average, 28732 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

Homes are selling very close to asking price in 28732 (98.4% sale-to-list ratio), indicating accurate pricing by sellers and steady demand.

Conforming Loan Feasibility

Most homebuyers in 28732 can comfortably use conventional financing. The median home price of $276,000 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 28732 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 28732

To purchase the median home at $276,000 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $2,265.

Monthly Payment

$2,265

Income Required

$97,055

Principal & Interest

$1,701/mo

Down Payment (5%)

$13,800

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 28732.

%
%

Estimated Monthly Payment

$1,858

Principal & Interest$1,432
Property Tax$276
Insurance$150
Loan Amount$220,800
Total Interest$294,756
Income Required$79,633/yr

Connect with a LoanGraphs Loan Officer

Get expert guidance for zip code 28732. Tell us what you're looking for.

I'm interested in:

No obligation. Free consultation.