The story of this market
The typical home in ZIP 28627 sells for about $435,000, or $387 per square foot.
Prices are up +47% from a year ago, so sellers still have some momentum. Homes take about 130 days to sell, which is slow.
ZIP 28627 — Glade Valley
The Elk Park market is experiencing significant price appreciation, with a 47% year-over-year increase in median sale prices. Inventory remains tight with a high months-of-supply figure, suggesting a niche market driven by luxury mountain property sales. Median rent and specific tax data were not determinable at the ZIP level.
This area is best suited for retirees, second-home buyers, and outdoor enthusiasts seeking a quiet, rural mountain lifestyle.
Median prices moved up 47.0% year over year.
Homes spend a median of 130 days on market with 20.1 months of supply — a slower-moving market.
0% of listings have cut prices · homes sell at 100% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · poverty 33.4% — a mixed stability profile.
versus the prior ACS vintage
ZCTA 28622, Avery County NC
The area is served by the Avery County School District, which provides public education for the region.
The area is located in a mountainous region with high annual precipitation, necessitating awareness of flood and storm risks common to the Appalachian terrain.
Development is characterized by luxury mountain communities and residential land sales, with limited large-scale commercial infrastructure.
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (North Carolina) — Ad Valorem Property Tax: Tax is calculated by multiplying the assessed value of the property by the combined state and local tax rate. The formula is: Tax = (Assessed Value / 100) * Tax Rate. State (North Carolina) — Tax Lien Attachment: A tax lien attaches to all real property, taking priority over all other liens and encumbrances regardless of when they were created.
Residents are primarily car-dependent, with an average commute time of approximately 25 minutes to regional employment hubs.
The area features significant outdoor amenities including Elk Falls, Hump Mountain Apple House, and the nearby Mountain Glen Golf Club.
The rental market is limited, with a focus on seasonal or vacation-oriented properties rather than high-density residential leasing.
The local economy is small and driven by services, tourism, and seasonal agricultural operations.
Data retrieved from Census Bureau and Data USA profiles.
No public schools report a street address in this area. Source: NCES EDGE public school locations 2023-24.
A local waterfall gem providing hiking and picnicking.
A public 18-hole course located about 3 miles from town.
A seasonal market featuring orchards and local goods.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.