Etowah 28729

Asheville, NC · Henderson County, NC · 1,529 properties · updated 7/5/2026

Should you buy here?buyer-timing lens

47affordability /100

Buyer leverage is balanced; weigh payment burden and the 3-lens valuation before bidding.

Payment burden
32.2%
stretched
Days on market
79
daily
Price cuts
17.8%
of active
Look up an address
52
/100
mixed
stable · balanced · prices easing year-over-year.

Verdict grades housing conditions; buyer-timing, investor cash-flow, supply-tightness and county macro scores answer different questions — each in its own section.

Buyer / sellerbuyer-timing lens

76/ 100SellerBalancedBuyer
Negotiate Hard
Needs 6.8% correction for affordability
DOM: 144d (stable) · Market Dynamics rolling median · hourly
Score Components
Payment Burden (25%)50
Valuation Gap (25%)80
Supply & Demand (20%)100
Buy vs Rent (15%)75
Cancellation Rate (10%)75
Days on Market (5%)100

Moderate buyer leverage in 28729. Room to negotiate 5-10% below list. Payment burden: 32.3% of median income. Median days on market: 144. Renting is approximately 83% cheaper than buying (price-to-rent ratio: 22.0). Market appears 18% overpriced vs. assessed values.

What to Offer

Offer 5-10% below list. You have room to negotiate.

Conditions resemble 2019 pre-pandemic levels — moderate overvaluation with slowing demand. Negotiation room exists.
STABLEBALANCED

Market is holding steady with balanced conditions. Conditions are balanced between buyers and sellers. Prices down 1.1% YoY.

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Market snapshoteach number, once

Median price
$432,292
▾ 1.1% YoY
Days on market
79
daily · zip_data
Median rent
$1,641
ZORI
Investor score
43/100
cash-flow lens
Active listings
25
90-day

Valuation3 lenses, different anchors

vs assessor
Market vs assessed value — a tax-roll lag, not a deal signal.
Avg assessor$0
county CAMA · properties_v
vs income
Fair-value model not available for this market.
fair_value_scores · 10-state coverage
vs county comps
+56.8%
County-wide market — the widest, slowest signal.
Henderson+56.8%
Lotvox comps · mv_valuation_gap

Read together: Above county comps but sustainable on local incomes.
Pricing detail
Price / sqft$234
Price-to-income5.3×

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How 28729 ranks in NC
percentile vs all NC ZIPs
Comparative ranking not available for this ZIP.

Affordability, supply & momentum

18SUPPLY
OversuppliedSupply Tightness

Ample inventory — buyers have time and leverage to negotiate.

Months of Supply21.3 mo
Days on Market79d
Inv vs History+2.9%
Listing Density17.0/1k
Market dynamics
Price cut %17.8%
Momentumstable
LeverageBALANCED
Months of supply21.3
Sales (90d)0
Investment analysis
Median rent$1,641
Price-to-rent22.0
Est. cap rate3.0%
Buy vs rentfavors renting

Livability

Walk score
Transit score
Bike score

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Henderson County contextmacro · jobs · debt · migration

ZIP score grades housing; county score adds macro distress (jobs, debt, poverty). They answer different questions.

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