ZIP Code Market Report
28694 — West Jefferson, NC
Data through February 2026 · Updated monthly
Avg Home Value
$345,766
▲ 1.3% year-over-year
Month-over-Month
+0.1%
▲ 0.1%
Single Family
$344,193
Condo / Co-op
--
The average home value in the 28694 ZIP code (West Jefferson, North Carolina) is $345,766 as of February 2026. Home prices are rising, up 1.3% compared to last year.
A 3-bedroom home in 28694 is valued at $409,421.
The market in 28694 has a $303,922 spread between bottom-tier homes at $232,762 and top-tier homes at $536,684. Bottom-tier properties represent the primary opportunity range for real estate investors using the 70% rule, fix-and-flip, or BRRRR strategies.
This report is part of the Ashe County market area in North Carolina. For a broader view of the housing market including rent data, market activity, and affordability analysis, see the full Ashe County report.
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Market Snapshot
28694 Housing Market at a Glance
Key metrics for the last 3 months with trend direction.
| Metric | Dec 2025 | Jan 2026 | Feb 2026 | 3-Mo Change |
|---|---|---|---|---|
| Avg Home Value | $347,963 | $345,485 | $345,766 | ▼ 0.6% |
| Single Family Value | $342,982 | $343,093 | $344,193 | ▲ 0.4% |
Home Values
28694 Home Value Trend
Historical home values for ZIP code 28694. Switch between All Homes, Single Family, Bottom Tier, and Top Tier.
Source: Zillow Research ZHVI / ZORI · Updated monthly
By Bedroom
What Homes Cost in 28694
Median home values by bedroom count in this ZIP code.
| Bedrooms | Median Value |
|---|---|
| 2 Bedrooms | $309,713 |
| 3 Bedrooms | $409,421 |
Property Types
Home Values by Property Type in 28694
How different property types compare in this ZIP code.
All Homes
$345,766
Single Family
$344,193
Bottom Tier
$232,762
Top Tier
$536,684
Data Sources and Methodology
Home value data for ZIP code 28694 comes from the Zillow Home Value Index (ZHVI), updated monthly. ZHVI measures the typical home value using Zillow's automated valuation model, smoothed and seasonally adjusted.
This report was last updated February 2026. Data is refreshed on the 17th of each month.
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