28754 — Madison County, North Carolina Market Snapshot
Housing market data for zip code 28754 in Madison County, North Carolina. Updated monthly with median prices, days on market, and more.
Market Sales Data
27 sales in 2026 (year to date)
Median Sale Price
$424,000
Days to Sell
194
Homes Sold
27
Inventory
90
Sale-to-List
96.6%
New Listings
65
Price/SqFt
$258
Pending Sales
43
Conforming Loan Available
Most homebuyers in 28754 can comfortably use conventional financing. The median home price of $424,000 is well below the 2026 conforming loan limit of $832,750, meaning buyers can put as little as 3-5% down without hitting jumbo loan territory.
Market Insights
Market Temperature
With homes sitting for 194 days on average, 28754 favors buyers. There may be opportunities to negotiate below asking price or request seller concessions for closing costs or rate buydowns.
Sale-to-List Ratio
The average home in 28754 sells for 3.4% below asking price (96.6% sale-to-list), suggesting buyers have negotiating leverage in the current market.
Conforming Loan Feasibility
Most homebuyers in 28754 can comfortably use conventional financing. The median home price of $424,000 is well below the 2026 conforming loan limit of $832,750, meaning buyers can put as little as 3-5% down without hitting jumbo loan territory.
Loan limits in 28754 are set at the county level.
2026 Loan Limits — Madison County
| Property Units | Conforming Limit | FHA Limit |
|---|---|---|
| 1 Unit | $832,750 | $541,287 |
| 2 Units | $1,066,250 | $693,050 |
| 3 Units | $1,288,800 | $837,700 |
| 4 Units | $1,601,750 | $1,041,125 |
Affordability Snapshot — Zip 28754
To purchase the median home at $424,000 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $3,399.
Monthly Payment
$3,399
Income Required
$145,652
Principal & Interest
$2,613/mo
Down Payment (5%)
$21,200
Based on 30-year fixed at 6.75%, 1.8% property tax, $1,800/yr insurance, 28% DTI guideline.
Mortgage Calculator
Estimate your monthly payment for a home in 28754.
Estimated Monthly Payment
$2,774
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