Zip lookup · NC

28708
Balsam Grove, North Carolina.

Balsam Grove, Transylvania County, NC · Brevard, NC metro · population 456

What it costs per month · 28708 $1,658/mo

to buy the typical home at today's mortgage rate — +$984 (+146%) since Jan 2020.

What the home itself did
1 year
Down $6,193 -2%
$322,008$315,816 since Sep 2025
5 years
Up $69,382 +28%
$246,434$315,816 since Sep 2021

Monthly payment to buy the typical home

Home value × that month's 30-year mortgage rate, 20% down, principal and interest. This is the line households feel: prices and rates compound each other.

$500 $1,000 $1,500 $2,000 2002 2006 2010 2014 2018 2022 2026 28708 $1,658 United States $1,922
$500 $1,000 $1,500 $2,000 2002 2010 2018 2026
  • 28708$1,658
  • United States$1,922

At the last five years' pace, a typical home here doubles in price every 14 years.

Typical home values in zip 28708 fell 1.9% over the past year — slower than the nation's +1.2%.

Zillow also publishes an index for the city itself: Balsam Grove, NC — measured over the city limits, which is a different area from this zip.

Typical home value $315,816 as of Sep 2026
-1.9%year on year

Typical home value — 28708

Mid-tier homes, smoothed and seasonally adjusted.

$200,000 $300,000 $400,000 2018 2020 2022 2024 2026 28708 $315,816 Brevard $462,070 United States $366,157
$200,000 $300,000 $400,000 2018 2022 2026
  • 28708$315,816
  • Brevard$462,070
  • United States$366,157

Within 20 miles

Miles sorted ascending, activate to sort descending Zip activate to sort by Zip City activate to sort by City Population activate to sort by Population Rent activate to sort by Rent Home value activate to sort by Home value
8.5 28712 Brevard 19,977 $1,998 $457,270
8.8 28768 Pisgah Forest 6,759 — $448,791
9.0 28747 Lake Toxaway 2,021 — $673,368
9.2 28783 Tuckasegee 1,785 — $454,401
9.2 28772 Rosman 1,375 — $316,849
11.4 28716 Canton 16,863 $1,600 $283,658
13.7 28766 Penrose 1,259 — $411,424
14.1 28736 Glenville 1,000 — $825,460
14.4 28742 Horse Shoe 2,710 — $489,482
14.6 28707 Balsam 461 — $294,883
14.8 28774 Sapphire 1,451 — $656,503
14.8 28723 Cullowhee 12,756 — $424,729
14.8 28718 Cedar Mountain 654 — $401,237
14.9 28729 Etowah 3,681 — $426,040
15.2 28786 Waynesville 22,056 $1,749 $339,642
17.4 28759 Mills River 7,555 $2,988 $529,471
17.9 28739 Hendersonville 20,843 $1,772 $461,981
18.6 29635 Cleveland 1,366 — $217,778
18.6 28715 Candler 30,328 $1,827 $407,896
18.7 28745 Lake Junaluska 670 — $441,891
19.1 28717 Cashiers 1,265 — $1,614,909
19.9 29685 Sunset 1,964 — $1,369,144

Coordinates and population from SimpleMaps US Zips (Basic). Rent and home values from Zillow Research.