ZIP 28759 vs ZIP 28742

28759 is one of 13 ZIP codes that lie mostly in Henderson County, NC — 98% of its own area is in the county.

Shaded by typical home value, it ranks 1 of the 10 with a value.

2 school locations in 28759: 2 elementary.

In alphabetical order: Glenn C Marlow Elementary, Mills River Elementary. Locations only — no ratings are shown here.

28742 is one of 13 ZIP codes that lie mostly in Henderson County, NC — 99% of its own area is in the county.

Shaded by typical home value, it ranks 2 of the 10 with a value.

In March 2008 the typical home in 28759 was worth $256,598.

Values peaked at $550,131 in February 2025. The latest reading is −4.6% from that peak.

As of August 2026: $525,088, −3.1% over twelve months.

Start with the typical home: $525,088. Put 20% down and borrow $420,070 at 7.40%, the 30-year fixed average as of October 8, 2026.

That is $2,908 a month in principal and interest.

The median household here earns $88,984 a year, $7,415 a month. So the payment takes 39.2% of income — rated “severe” (Lotvox ZIP bands: under 28% affordable · 28–36% stretched · 36%+ severe).

The line holds today's rate fixed and moves only the price: at that rate, the same share was 19.2% in 2008.

Take the typical home's price each month, borrow 80% at that month's actual 30-year average rate: in March 2008 (5.97%) the payment was $1,227.

In December 2020, with rates at 2.68%, it was $1,221.

By August 2026, at 6.67%, it was $2,701 — +121% since December 2020, while the home's value moved +39%.

Reported values rose +105% since March 2008.

General prices (CPI-U) rose +57% over the same span.

Divide one by the other: in August 2026 dollars, the 2008 home was worth $401,678. So the real change is +31%, not +105%.

28759: +105% since March 2008.

Henderson County: +102% since March 2008.

North Carolina: +92% since March 2008 — 28759 ran ahead of it by 13 points.

Owning the typical home costs about $3,434 a month once taxes and insurance (estimated at 1.2% of price a year) are added. Renting runs about $2,958 a month.

Price divided by a year's rent: 14.8. Lotvox reads under 15 as favoring buying and 20 or more as favoring renting.

In March 2008 the typical home in 28742 was worth $229,313.

Values peaked at $503,880 in February 2025. The latest reading is −2.8% from that peak.

As of August 2026: $489,710, −1.3% over twelve months.

Start with the typical home: $489,710. Put 20% down and borrow $391,768 at 7.40%, the 30-year fixed average as of October 8, 2026.

That is $2,713 a month in principal and interest.

The median household here earns $97,292 a year, $8,108 a month. So the payment takes 33.5% of income — rated “stretched” (Lotvox ZIP bands: under 28% affordable · 28–36% stretched · 36%+ severe).

The line holds today's rate fixed and moves only the price: at that rate, the same share was 15.7% in 2008.

Take the typical home's price each month, borrow 80% at that month's actual 30-year average rate: in March 2008 (5.97%) the payment was $1,096.

In December 2020, with rates at 2.68%, it was $1,088.

By August 2026, at 6.67%, it was $2,519 — +131% since December 2020, while the home's value moved +46%.

Reported values rose +114% since March 2008.

General prices (CPI-U) rose +57% over the same span.

Divide one by the other: in August 2026 dollars, the 2008 home was worth $358,966. So the real change is +36%, not +114%.

28742: +114% since March 2008.

Henderson County: +102% since March 2008.

North Carolina: +92% since March 2008 — 28742 ran ahead of it by 22 points.

Owning the typical home costs about $3,202 a month once taxes and insurance (estimated at 1.2% of price a year) are added. Renting runs about $946 a month.

Price divided by a year's rent: 43.1. Lotvox reads under 15 as favoring buying and 20 or more as favoring renting.

Picture the Listings Flow Ladder as a basin: new listings pour in from the faucet, the homes for sale are the water, and closed sales run out the drain. Coming in — new listings: about 13 a month (Redfin, 3-month rolling data through August 2026).

On the shelf — homes for sale at the end of the period: 60.

Going out — closed sales: about 11 a month.

The ladder: homes for sale ÷ monthly sales = 5.3 months of supply — inside the 4–6 month balanced range. In the basin, that is the water level against the shaded balanced band.

The net reading: about 2 more homes came on than sold each month, so inventory is growing. The basin is filling.

Homes sold: about 11 a month in August 2026 (Redfin).

The 2015–2019 level for the same month was 10 — so sales ran at 110% of it, and below it in 11 of the last 24 months.

Across Henderson County, builders pulled permits for 1,093 new homes in 2025.

Of those, 63% were in 1-unit buildings (the Census Bureau's category for detached and attached single homes).

Picture the Listings Flow Ladder as a basin: new listings pour in from the faucet, the homes for sale are the water, and closed sales run out the drain. Coming in — new listings: about 6 a month (Redfin, 3-month rolling data through August 2026).

On the shelf — homes for sale at the end of the period: 29.

Going out — closed sales: about 1 a month. The drain is drawn 85% narrower: the share of homes for sale that sell each month is 15% of its 2015–2019 level.

The ladder: homes for sale ÷ monthly sales = 21.8 months of supply — above the 4–6 month balanced range. In the basin, that is the water level against the shaded balanced band.

The net reading: about 5 more homes came on than sold each month, so inventory is growing. The basin is filling.

Homes sold: about 1 a month in August 2026 (Redfin).

The 2015–2019 level for the same month was 3 — so sales ran at 33% of it, and below it in 4 of the last 24 months.

Across Henderson County, builders pulled permits for 1,093 new homes in 2025.

Of those, 63% were in 1-unit buildings (the Census Bureau's category for detached and attached single homes).

This ZIP sits in Henderson County. IRS tax returns for 2022-2023: among the ten counties sending the most households, 1,748 moved in. Among the ten receiving the most, 1,510 moved out.

Net across those counties: +238 households. Beside it, homes for sale in this ZIP: 60 in June 2026.

Most arrivals came from Buncombe, NC (1,093 households); most departures went to Buncombe, NC (703).

This ZIP sits in Henderson County. IRS tax returns for 2022-2023: among the ten counties sending the most households, 1,748 moved in. Among the ten receiving the most, 1,510 moved out.

Net across those counties: +238 households. Beside it, homes for sale in this ZIP: 29 in June 2026.

Most arrivals came from Buncombe, NC (1,093 households); most departures went to Buncombe, NC (703).