ZIP 28720 housing market
Data through Sep 2026 · Buyer's market · leverage 100
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Buyer Leverage Score
100
Sep 2026
Days on Market
97 days
Sep 2026
Price Cut %
67%
Sep 2026
Sale-to-List Ratio
95.6%
Jun 2026
Expected Disaster Loss
$210
Dec 2025
What this means
- Supply. There are 125% more homes for sale than the 2017-19 norm and rising (+400% vs. a year ago), so buyers have more to choose from than before the pandemic.
- Negotiating. Buyer leverage is high (100/100; U.S.: 54): homes sell for about 4.4% below their final list price (as of Jun 2026); 67% of listings had a price cut (U.S.: 26%).
- Disaster risk. FEMA expects about $210 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 Rutherford County, NC
| Area | Home value | 1-year change | Buyer leverage |
|---|---|---|---|
| Forest City, NC 28043 | $189.7K | +5.2% | 95 |
| Rutherfordton, NC 28139 | $248.9K | +2.6% | 89 |
| Ellenboro, NC 28040 | $186.5K | +3.6% | 92 |
| Bostic, NC 28018 | $218.8K | +4.7% | 87 |
| Spindale, NC 28160 | $147.5K | +4.4% | 98 |
| Lake Lure, NC 28746 | $440.2K | +0.6% | 97 |
| Union Mills, NC 28167 | $242.2K | +2.2% | 55 |
| ZIP 28076 | – | – | 25 |
| ZIP 28024 | – | – | 46 |
| ZIP 28074 | – | – | – |
| ZIP 28019 | – | – | 14 |