Valdese 28690

Hickory-Lenoir-Morganton, NC · Burke County, NC · 6,109 properties · updated 7/5/2026

Should you buy here?buyer-timing lens

64affordability /100

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

Payment burden
22.2%
affordable
Days on market
74
daily
Price cuts
22.7%
of active
Valuation
+852%
vs assessor
Look up an address
72
/100
stable
warming · balanced · prices rising 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

72/ 100SellerBalancedBuyer
Negotiate Hard
DOM: 112d (rising) · Market Dynamics rolling median · hourly
Score Components
Payment Burden (25%)0
Valuation Gap (25%)100
Supply & Demand (20%)85
Buy vs Rent (15%)100
Cancellation Rate (10%)100
Days on Market (5%)100

Moderate buyer leverage in 28690. Room to negotiate 5-10% below list. Payment burden: 22.2% of median income. Median days on market: 112. Renting is approximately 170% cheaper than buying (price-to-rent ratio: 32.4). Market appears 40% 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.
WARMINGBALANCED

Market is warming with rising prices. Conditions are balanced between buyers and sellers.

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Market snapshoteach number, once

Median price
$248,394
▴ 2.0% YoY
Days on market
74
daily · zip_data
Median rent
$638
ZORI
Investor score
35/100
cash-flow lens
Active listings
35
90-day

Valuation3 lenses, different anchors

vs assessor
+852.0%
Market vs assessed value — a tax-roll lag, not a deal signal.
Avg assessor$2,364,700
county CAMA · properties_v
vs income
Fair-value model not available for this market.
fair_value_scores · 10-state coverage
vs county comps
+37.0%
County-wide market — the widest, slowest signal.
Burke+37.0%
Lotvox comps · mv_valuation_gap

Read together: Above county comps but sustainable on local incomes.
Pricing detail
Price / sqft$167
Price-to-income3.6×

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How 28690 ranks in NC
percentile vs all NC ZIPs
Comparative ranking not available for this ZIP.

Affordability, supply & momentum

33SUPPLY
BalancedSupply Tightness

Supply and demand are roughly even — standard negotiation dynamics.

Months of Supply9.4 mo
Days on Market74d
Inv vs History-6.0%
Listing Density8.4/1k
Market dynamics
Price cut %22.7%
Momentumwarming
LeverageBALANCED
Months of supply9.4
Sales (90d)0
Investment analysis
Median rent$638
Price-to-rent32.4
Est. cap rate2.0%
Buy vs rentfavors renting

Livability

Walk score3
Transit score
Bike score

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Burke 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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