Zip Code:

28616, Crossnore, NC

28616 is a North Carolina Zip code within the city of Crossnore and the county of Avery. Its population is roughly 166.

Crossnore Real Estate: A Look at the Market

Crossnore is located in the 28616 zip code in western Wake County, North Carolina. According to the 2010 census, Crossnore had a population of 1,821. The median household income was $86,936 and the median family income was $102,711. In 2007, home prices in Crossnore were estimated at $157,000. Home equity is an important factor for many homeowners and can provide a significant source of financial security.

Home equity is the difference between the market value of a home and its outstanding mortgage balance. Homeowners may use their home equity to finance other investments or to pay down debt. Home prices and home equity vary greatly throughout the United States due to a variety of factors including location, size and condition of the property, local economic conditions and interest rates.

According to Zillow®, as of September 2017 there were 2,532 homes for sale in Crossnore with an average list price of $224,000. The percentage of homes sold within three months was 82%. The percentage of homes sold within six months was 95%. As of September 2017 there were 1,821 households living in Crossnore with an average household size of 2.4 people per household. The percentage of households with children under 18 living in them was 14%.

The average age for residents in Crossnore is 38 years old which is older than the national average but younger than most other zip codes located in western Wake County (40 years old).

The majority (85%)of residents are white while just over 10% are black or African American which is lower than most zip codes located in western Wake County but higher than most zip codes located in eastern Wake County (5%).

The percentageof residents who are college graduates is lower than most zip codes located in western Wake County (79%) but higher than most zip codes located in eastern Wake County (65%).

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