Buying a home in these Asheville zip codes could be pricey, based on the neighborhood.
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Today’s real estate market report discloses the average asking price in Buncombe County is $628,554.00. The Buyer’s Agent of Asheville dove in to the numbers to see what neighborhoods and zip codes were driving the prices up in Asheville, and here is what we discovered.
East Asheville
28805 – Average Asking Price – $563,323.00
Average Sell Price (*sold in last 180 days) – $337,304.00
Read our blog about living in the family oriented neighborhood of East Asheville here.
Fletcher
28732 – Average Asking Price – $566,833.00
Average Sell Price (*sold in last 180 days) – $307,920.00
Fairview
28730 – Average Asking Price – $624,664.00
Average Sell Price (*sold in last 180 days) – $332,718.00
Central Asheville
28801 – Average Asking Price – $811,751.00
Average Sell Price (*sold in last 180 days) – $366,756.00
Arden
28704 – Average Asking Price – $901,701.00
Average Sell Price (*sold in last 180 days) – $341,840.00
South Asheville
28803 – Average Asking Price – $906,775.00
Average Sell Price (*sold in last 180 days) – $463,162.00
Read the 5 Reasons to Love South Asheville here.
North Asheville
28804 – Average Asking Price – $1,003.614.00
Average Sell Price (*sold in last 180 days) – $506.844.00
There appears to be a gap in average asking price versus the average sales price in these zip codes, however it truly comes down to the neighborhoods within the zip code. Upscale or luxury neighborhoods are driving average asking prices up, however in reality, what is selling, are homes priced in the $250,000 – $400,000 range.
The neighborhoods above represent the homes available and the demand to live in one of the many of desired Asheville neighborhoods, such as Grove Park, The Cliffs, Montford, and more.
As of June 5, 2017, current loan rates are
30 year conventional – 3.98
15 year conventional – 3.24
30 year Jumbo – 4.27
The Buyer’s Agent of Asheville is local real estate firm located in downtown Asheville, N.C., dedicated with laser focus, fierce negotiating skills, and detailed transaction management, so you can rest assured knowing that your real estate needs are our top priority. Get access to all homes in your price range that match your needs and wants. Search Asheville Homes for Sale
The Buyer’s Agent of Asheville has been loyally assisting home buyers in the Asheville, North Carolina area for over a decade. Make an appointment to visit our office at 82 Patton Ave, Suite 211, Asheville or call our 24/7 service number: (828) 210-4663.
