US5.com
  1. Home
  2. States
  3. North Carolina
  4. ZIP 28759
  5. Housing & Real Estate
Mills River town, NC

ZIP 28759 — Housing & Real Estate

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

Middle ClassLow Snow Area

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 28759

Median Home Value
$364,900
Median Rent
$1,385
Affordability Snapshot
$100,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$2,344/mo PITI).

19%
Rent-to-Income Ratio

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

4.1x
Home Price-to-Income Ratio

Within the typical 3-5x range for home affordability.

22.0 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 28759 in Mills River town, NC, a household would need roughly $100,000 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 $2,344. That is roughly in line with the local median household income ($88,984). Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Vacancy rate 10% — check local market conditions.

Heating Fuel
Housing Metrics
Owner Occupied
86.7%+33% vs US avg
x
Vacancy Rate
10.2%-1% vs US avg
x
Broadband Access
91.5%+5% vs US avg
x
4+ Bedrooms
3.2%-79% vs US avg
x
Built Pre-1939
0.2%-98% vs US avg
x
Built Post-2014
1.2%-82% vs US avg
x
Rent Burden >30%
9.6%-81% vs US avg
x
Mortgage-Free
44.9%+18% vs US avg
x
$364,900
Home Value
$1,385
Rent
1997
Year Built
2013
Moved In

Residents have lived here since ~2013 on average

Housing Structure

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

  • 1-unit detached77.8%
  • 1-unit attached2.0%
  • 2-9 units1.5%
  • 10+ units0.0%
  • Mobile home & other18.7%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$364,900
Median rent$1,385
Owner-occupied86.7%
Vacant10.2%
Price-to-income4.1x
Est. income to buy$100,000