HousingHandbookReference data

U.S. ZIP Code · NC28714

Yancey County

Typical home value

$312,484[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
-2.1%
5-year / yr
+5.6%
10-year / yr
+6.8%

Relative price

vs U.S.
+10.0%
vs metro
vs state
+9.8%
ZIP 28714 location in NC
Location of ZIP 28714 in NC

Price history

Zillow Home Value Index — monthly, smoothed and seasonally adjusted.

The typical home in 28714 is worth $312,484. Over the past year, values have fallen 2.1%. Homes here rent for a typical $1,850 a month — a 7.1% gross rental yield. The effective property tax rate is 0.5%.

#Rent & investment

Typical asking rent, and the returns it implies at the current home value.

Monthly rent
$1,850[2]
Gross yield
7.1%[2]
Cap rate
4.3%[2]

#Property tax

Effective rate — total real estate taxes paid relative to total home value.

Effective tax rate
0.5%[3]
Typical annual tax
$1,441[3]

#Climate risk

FEMA National Risk Index ratings for Yancey County. "Not Applicable" means the hazard does not threaten the county.

Overall risk
Very Low[4]
Riverine flood
Relatively Low
Coastal flood
Not Applicable
Wildfire
Very Low
Drought
Relatively Low
Heat wave
No Rating
Hurricane
Very Low
Tornado
Relatively Low
Earthquake
Very Low
Winter weather
Relatively Low

#Who lives here

Population
16,397[3]
Median household income
$58,998[3]

#Migration

Household moves in and out of Yancey County over a year, from IRS tax-return data.

Net migration
+126[5]
Moved in
475
Moved out
349

Schools

Open public schools in this ZIP, from the NCES Common Core of Data.

Public schools
7
Elementary
4
Middle
2
High
1
  • Mountain Heritage High

    High · Grades 9–12 · Yancey County Schools

    633 students

  • Blue Ridge Elementary

    Elementary · Grades PK–5 · Yancey County Schools

    400 students

  • Burnsville Elementary

    Elementary · Grades PK–5 · Yancey County Schools

    302 students

  • East Yancey Middle

    Middle · Grades 6–8 · Yancey County Schools

    257 students

  • Micaville Elementary

    Elementary · Grades K–5 · Yancey County Schools

    198 students

Run the numbers

Interactive calculators pre-filled with this ZIP's typical home value, rent, and property-tax rate. Edit any field to recompute.

Gross yield7.1%
Net yield (after ~40% expenses)4.3%
Annual rent$22,200

Gross and net yield are estimates based on the inputs and the selected expense ratio. Actual income and expenses will vary by property and market. Not investment advice.

Monthly payment$1,580
Loan principal$249,987
Down payment$62,497
Total interest paid$318,845

Estimated monthly payments include principal and interest only. Actual costs will include property tax, insurance, possibly PMI, and HOA fees not modeled here. Loan terms shown are estimates; consult a licensed lender for current rates and qualification.

Own : rent ratio1.06
Monthly cost to own$1,960
Monthly rent$1,850

Owning and renting are roughly even.

This calculator projects multi-year scenarios based on assumptions about appreciation, rent growth, and investment returns — none of which are guaranteed. Actual outcomes depend on variables this tool cannot know. Not financial or real estate advice.

#Metro ranking

Where this ZIP sits among others in its metro area.

Appreciation
[1]
Rental yield
[2]
Property tax
[3]

Frequently asked

How much is a home worth in ZIP code 28714?
The typical home in 28714 is worth $312,484, based on the Zillow Home Value Index.
Are home values rising in 28714?
Home values in 28714 are down 2.1% over the past year, and up 5.6% a year over five years.
What is the typical rent in 28714?
A typical home in 28714 rents for about $1,850 a month, a gross rental yield of 7.1%.
What is the property tax rate in 28714?
The effective property tax rate in 28714 is 0.5% — roughly $1,441 a year on a typical home.
Who lives in 28714?
ZIP code 28714 has a population of 16,397 and a median household income of $58,998.

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