28747 — Transylvania County, North Carolina Market Snapshot
Housing market data for zip code 28747 in Transylvania County, North Carolina. Updated monthly with median prices, days on market, and more.
Market Sales Data
12 sales in 2026 (year to date)
Median Sale Price
$855,000
Days to Sell
105
Homes Sold
12
Inventory
62
Sale-to-List
89.2%
New Listings
44
Price/SqFt
$369
Pending Sales
12
Jumbo Loan Likely Needed
The median home in 28747 at $855,000 exceeds the 2026 conforming loan limit of $832,750 by $22,250. Most buyers here will need jumbo loans, which typically require higher credit scores, larger down payments, and come with different rate pricing.
Market Insights
Market Temperature
With homes sitting for 105 days on average, 28747 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 28747 sells for 10.8% below asking price (89.2% sale-to-list), suggesting buyers have negotiating leverage in the current market.
Conforming Loan Feasibility
The median home in 28747 at $855,000 exceeds the 2026 conforming loan limit of $832,750 by $22,250. Most buyers here will need jumbo loans, which typically require higher credit scores, larger down payments, and come with different rate pricing.
Loan limits in 28747 are set at the county level.
2026 Loan Limits — Transylvania 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 28747
To purchase the median home at $855,000 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $6,701.
Monthly Payment
$6,701
Income Required
$287,175
Principal & Interest
$5,268/mo
Down Payment (5%)
$42,750
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 28747.
Estimated Monthly Payment
$5,441
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