28804 — Buncombe County, North Carolina Market Snapshot
Housing market data for zip code 28804 in Buncombe County, North Carolina. Updated monthly with median prices, days on market, and more.
Limited Sales Data
Only 8 homes sold in this ZIP code during the selected period. Statistics may not be representative. See the Buncombe County county page for broader data.
Market Sales Data
8 sales in 2026 (year to date)
Median Sale Price
$792,000
Days to Sell
92
Homes Sold
8
Inventory
13
Conforming Loan Available
The median home in 28804 at $792,000 falls within the 2026 conforming loan limit of $832,750, but buyers putting less than 5% down may need jumbo financing. This makes down payment strategy especially important in this market.
Market Insights
Market Temperature
With homes sitting for 92 days on average, 28804 favors buyers. There may be opportunities to negotiate below asking price or request seller concessions for closing costs or rate buydowns.
Conforming Loan Feasibility
The median home in 28804 at $792,000 falls within the 2026 conforming loan limit of $832,750, but buyers putting less than 5% down may need jumbo financing. This makes down payment strategy especially important in this market.
Loan limits in 28804 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 28804
To purchase the median home at $792,000 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $6,218.
Monthly Payment
$6,218
Income Required
$266,488
Principal & Interest
$4,880/mo
Down Payment (5%)
$39,600
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 28804.
Estimated Monthly Payment
$5,052
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