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Area data

Balsam, NC — ZIP 28707

Population: 461 (Census ACS)

The median home value in ZIP 28707 (Balsam, NC) is $300,663 — down 6.5% over the past year. FEMA's National Risk Index rates the county's overall natural-hazard risk Relatively Low, with coldwave, lightning, icestorm the top-rated hazards. Cost of living is 7.5% below the US average (BEA, metro/state-level).

Backed by 25+ public sourcesFEMA · U.S. Census · NOAA · Dept. of Education · EPA · and more

$300,663

Median home value

-6.5%

1-year change

Relatively Low

Hazard risk (county)

Home values & appreciation

Median home value
$300,663
1-year appreciation
-6.5%
3-year appreciation
-4.6%
5-year appreciation
+19.4%
10-year appreciation
+97.3%
All-time peak (2025-02)
$328,505
House Price Index (state)
438.2 (+1.0% YoY)

Sources: home value index (ZIP-level) · FHFA House Price Index (state-level)

Market activity

1-year forecast
+1.2%

Source: recent area sales and market data (ZIP-level)

Affordability

Cost of living index (Below Average)
92.5 (100 = US avg)
Electricity rate (state-level)
14.0¢/kWh
Natural gas rate (state-level)
$16.40/MCF
30-year mortgage rate (national)
6.66%
15-year mortgage rate (national)
6.00%

Sources: BEA Regional Price Parities (metro/state-level) · EIA energy rates (state-level) · Freddie Mac PMMS (national)

Natural hazards & flood risk

Overall hazard risk (county)
Relatively Low
Top hazards (county)
coldWave, lightning, iceStorm, inlandFlooding, landslide
Notable hazard ratings (county)
coldWave: Relatively High · drought: Relatively Low · earthquake: Relatively Low · hail: Relatively Low · hurricane: Relatively Low · iceStorm: Relatively Moderate
Wildfire risk to homes (county)
Higher than 66% of US counties
Buildings in wildfire direct-exposure zone
91.3%
Radon potential (county)
Moderate radon potential — EPA Zone 2 of 3
EPA Superfund (NPL) sites within 5 mi
1
Nearest Superfund site
Barber Orchard (2 mi)
EPA recommends radon testing for every home regardless of zone.

Sources: FEMA National Risk Index (county-level) · FEMA flood data (ZIP-level) · USDA Forest Service Wildfire Risk to Communities (county-level) · EPA radon zones + Superfund NPL

Climate (30-year normals)

Average annual temperature
57.0°F
Average high
70.0°F
Average low
44.0°F
Annual precipitation
72.6 in
USDA plant hardiness zone
7a (extreme annual low 0 to 5°F)

Sources: NOAA Climate Normals (30-year, nearest-station) · USDA Plant Hardiness Zone Map (2023)

Amenities

National parks within ~60 mi
4
Nearest national park
Great Smoky Mountains National Park (26 mi)
National parks include
Great Smoky Mountains National Park, Blue Ridge Parkway, Carl Sandburg Home National Historic Site
Airports within 30 mi
8
Nearest airport
Reagans Roost Ultralightport (4 mi)
Nearest major airport
Asheville Regional Airport (AVL) (31 mi)
Hospitals nearby (~15 mi)
1,090
Hospitals include
MIZELL MEMORIAL HOSPITAL, CRENSHAW COMMUNITY HOSPITAL, CRENSHAW COMMUNITY HOSPITAL
Avg hospital rating (CMS)
3.1 / 5
Best hospital rating nearby (CMS)
5.0 / 5
EV charging stations (within 10 mi)
55
Solar radiation rating
Fair (4.3 kWh/m²/day)

Sources: National Park Service · FAA airport data · CMS hospital data · DOE/NREL (proximity-based)

Migration

Net migration (county)
+195 tax filers

Source: IRS county-to-county migration data (county-level, ~12-month lag)

Housing stock

Median year housing built
1,980
Housing built before 1970
14.0%
Housing built 2000 or later
6.9%
Median annual property tax
$1,014
Households with broadband internet
18.1%

Source: Census ACS 5-year estimates (ZIP-level)

Employment & development

Total county employment
10,703
Average weekly wage
$843
Top industries (by employment)
Accommodation & Food, Health Care, Construction
Annual residential building permits (county)
254

Sources: BLS QCEW (county-level) · Census Building Permits (county-level)

How it compares

ZIP 28707State medianUS median
Median home value$300,663$287,250$289,727
Median annual property tax$1,014$1,366$2,006

State and US medians are computed across all US ZIP codes with sufficient public-data coverage, from the same sources as the figures above.

Area data compiled from public government, academic, and industry research feeds. Data sources →

Common questions

What is the median home value in ZIP 28707?
$300,663.
What is the natural-hazard risk in ZIP 28707?
Overall risk: Relatively Low (FEMA NRI, county-level). Top hazards: coldWave, lightning, iceStorm, inlandFlooding, landslide.
What is the wildfire risk in ZIP 28707?
Risk to homes is higher than 66% of US counties (USDA Forest Service Wildfire Risk to Communities, county-level).
What is the radon potential in ZIP 28707?
Moderate radon potential — EPA Zone 2 of 3, county-level. EPA recommends testing every home regardless of zone.
Are there Superfund sites near ZIP 28707?
1 current or proposed National Priorities List site within 5 miles (EPA). Nearest site: Barber Orchard, 2 mi.
What is the cost of living in ZIP 28707?
Regional Price Parity: 92.5 (100 = US average) (Below Average) (BEA RPP, metro/state-level).

Nearby ZIP codes

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Data last updated

Most recent source refresh: Sep 2026. See all data sources →

Data compiled by REAIGENT7 — AI listing platform for real estate agents