ZIP 28616 housing market
Data through Sep 2026 · Seller's market · leverage 36
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Buyer Leverage Score
36
Sep 2026
Months of Supply
1.5 months
May 2023
Days on Market
121 days
Sep 2026
Price Cut %
0.0%
Sep 2026
Sale-to-List Ratio
100.0%
Sep 2025
Expected Disaster Loss
$143
Dec 2025
What this means
- Supply. Listings are 50% below the 2017-19 norm and falling (−100% vs. a year ago): still a tight market.
- Negotiating. Buyer leverage is moderate (36/100; U.S.: 54): homes typically sell at or above asking (100.0% of list) (as of Sep 2025); 0% of listings had a price cut (U.S.: 26%).
- Disaster risk. FEMA expects about $143 a year in natural-disaster damage per $100k of building value (U.S.: $155), mostly from flooding.
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Other ZIP codes in Avery County, NC
| Area | Home value | 1-year change | Buyer leverage |
|---|---|---|---|
| Newland, NC 28657 | $293.1K | +0.8% | 98 |
| Elk Park, NC 28622 | $306.3K | −1.0% | 98 |
| Linville, NC 28646 | $1.4M | +4.3% | 44 |
| ZIP 28652 | – | – | 13 |
| ZIP 28664 | – | – | 2 |
| ZIP 28653 | – | – | 41 |
| ZIP 28662 | – | – | 2 |