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Black Mountain town, NC

ZIP 28711 — Housing & Real Estate

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Middle ClassLow Snow AreaRemote Work Hub

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 28711

Median Home Value
$358,400
Median Rent
$1,239
Affordability Snapshot
$99,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$2,302/mo PITI).

21%
Rent-to-Income Ratio

Below the 30% threshold — generally affordable for median earners.

5.2x
Home Price-to-Income Ratio

Well above the 3-5x guideline — challenging for first-time buyers.

24.1 yrs
Price-to-Rent Ratio

Years to break even buying vs renting at median home value and rent.

To comfortably buy a median-priced home in ZIP 28711 in Black Mountain town, NC, a household would need roughly $99,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $2,302. That is about 43% above the local median household income ($69,177), so the median earner would likely stretch or need a larger down payment. Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Vacancy rate 30% — check local market conditions.

Heating Fuel
Housing Metrics
Owner Occupied
70.3%+8% vs US avg
x
Vacancy Rate
30.2%+193% vs US avg
x
Broadband Access
76.7%-12% vs US avg
x
4+ Bedrooms
3.0%-80% vs US avg
x
Built Pre-1939
6.5%-49% vs US avg
x
Built Post-2014
3.9%-44% vs US avg
x
Rent Burden >30%
40.7%-18% vs US avg
x
Mortgage-Free
45.7%+20% vs US avg
x
$358,400
Home Value
$1,239
Rent
1987
Year Built
2014
Moved In

Residents have lived here since ~2014 on average

Housing Structure

Census ACS structure types (single-family, multi-unit, etc.).

  • 1-unit detached78.4%
  • 1-unit attached2.5%
  • 2-9 units4.5%
  • 10+ units7.4%
  • Mobile home & other7.2%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$358,400
Median rent$1,239
Owner-occupied70.3%
Vacant30.2%
Price-to-income5.2x
Est. income to buy$99,000