Zip lookup · NC

28766
Penrose, North Carolina.

Penrose, Transylvania County, NC · Brevard, NC metro · population 1,259

What it costs per month · 28766 $2,159/mo

to buy the typical home at today's mortgage rate — +$1,322 (+158%) since Jan 2020.

What the home itself did
1 year
Down $5,623 -1%
$417,047$411,424 since Sep 2025
5 years
Up $104,325 +34%
$307,099$411,424 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 28766 $2,159 United States $1,922
$500 $1,000 $1,500 $2,000 2002 2010 2018 2026
  • 28766$2,159
  • United States$1,922

At the last five years' pace, a typical home here doubles in price every 12 years.

Typical home values in zip 28766 fell 1.3% over the past year — slower than the nation's +1.2%.

This zip spans 2 counties: Transylvania County, NC 87% · Henderson County, NC 13%

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

Typical home value $411,424 as of Sep 2026
-1.3%year on year

Typical home value — 28766

Mid-tier homes, smoothed and seasonally adjusted.

$200,000 $300,000 $400,000 2018 2020 2022 2024 2026 28766 $411,424 Brevard $462,070 United States $366,157
$200,000 $300,000 $400,000 2018 2022 2026
  • 28766$411,424
  • 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
4.6 28739 Hendersonville 20,843 $1,772 $461,981
4.9 28729 Etowah 3,681 — $426,040
5.8 28718 Cedar Mountain 654 — $401,237
6.3 28768 Pisgah Forest 6,759 — $448,791
7.8 28790 Zirconia 3,241 — $398,709
9.5 28759 Mills River 7,555 $2,988 $529,471
9.7 28791 Hendersonville 15,108 $1,837 $421,861
9.9 28712 Brevard 19,977 $1,998 $457,270
10.2 28742 Horse Shoe 2,710 — $489,482
11.6 28726 East Flat Rock 4,363 — $288,296
11.9 29635 Cleveland 1,366 — $217,778
13.4 29661 Marietta 6,657 — $220,224
13.7 28708 Balsam Grove 456 — $315,816
13.9 28731 Flat Rock 8,672 $1,802 $456,186
14.5 28772 Rosman 1,375 — $316,849
15.0 28704 Arden 24,138 $1,537 $428,632
16.1 28732 Fletcher 19,279 $2,132 $446,952
16.7 29683 Slater 265 — $171,809
17.2 29690 Travelers Rest 26,358 $1,787 $356,072
17.3 28792 Hendersonville 36,645 $1,621 $367,731
17.4 28773 Saluda 3,441 — $361,568
18.5 28747 Lake Toxaway 2,021 — $673,368
18.8 28716 Canton 16,863 $1,600 $283,658
18.9 28715 Candler 30,328 $1,827 $407,896

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