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NC area data

Balsam Grove, NC

Balsam Grove, NC.

Population: 456 (Census ACS)

The typical home value in Balsam Grove, NC is $320,561 — down 0.7% over the past year. FEMA's National Risk Index rates the county's overall natural-hazard risk Relatively Low, with cold wave, ice storm, landslide the top-rated hazards. Cost of living is 5.7% below the US average (BEA, metro/state-level).

Backed by 25+ public sourcesFEMA · U.S. Census · NOAA · Dept. of Education · EPA · and more

$320,561

Typical home value

-0.7%

1-year change

Relatively Low

Hazard risk (county)

Home values & appreciation

Typical home value
$320,561
1-year appreciation
-0.7%
3-year appreciation
+8.8%
5-year appreciation
+26.9%
10-year appreciation
+118.3%
Peak value since 2000 (Nov 2025)
$329,135
House Price Index (state)
445.4 (+0.4% YoY)

Sources: home value index (ZIP-level) · FHFA House Price Index (state-level)

Market activity

Median list price
$399,500
For-sale inventory
4
Active listings
5
1-year forecast
+2.3%

Source: recent area sales and market data (ZIP-level)

Rents

Studio fair-market rent
$1,111/mo
1BR fair-market rent
$1,118/mo
2BR fair-market rent
$1,386/mo
3BR fair-market rent
$1,781/mo
4BR fair-market rent
$2,097/mo

Sources: market rent index (ZIP-level) · HUD Fair Market Rents (metro/county-level, 40th-percentile regulatory reference)

Affordability

Cost of living index (Below Average)
94.3 (100 = US avg)
Electricity rate (state-level)
14.0¢/kWh
Natural gas rate (state-level)
$16.40/MCF
30-year mortgage rate (national)
7.40%
15-year mortgage rate (national)
6.73%

Sources: BEA Regional Price Parities (metro/state-level) · EIA energy rates (state-level) · Freddie Mac PMMS (national)

Natural hazards & flood risk

Overall hazard risk (county)
Relatively Low
Top hazards (county)
cold wave, ice storm, landslide, lightning, strong wind
Notable hazard ratings (county)
cold wave: Relatively High · ice storm: Relatively High · landslide: Relatively Moderate · lightning: Relatively Moderate · strong wind: Relatively Moderate · hail: Relatively Low
Most common flood zone among NFIP claims
Zone X
NFIP flood claims on record
1
Wildfire risk to homes (county)
Higher than 59% of US counties
Buildings in wildfire direct-exposure zone
88.2%
Radon potential (county)
High radon potential — EPA Zone 1 of 3
EPA Superfund (NPL) sites within 5 mi
None
Nearest Superfund site
Benfield Industries, Inc. (16.3 mi)
Flood zones vary by property. Look up a specific address on the FEMA Flood Map Service Center.
EPA recommends radon testing for every home regardless of zone.

Sources: FEMA National Risk Index (county-level) · FEMA NFIP flood-insurance claims (ZIP-level) · USDA Forest Service Wildfire Risk to Communities (county-level) · EPA radon zones + Superfund NPL

Climate (30-year normals)

Average annual temperature
54.0°F
Average high
65.0°F
Average low
42.0°F
Annual precipitation
87.3 in
Annual snowfall
3.5 in
USDA plant hardiness zone
7a (extreme annual low 0 to 5°F)

Sources: NOAA Climate Normals (30-year, nearest-station) · USDA Plant Hardiness Zone Map (2023)

Walkability & transit

Walkability index
4.0 / 20
Transit service frequency
-99,999
Jobs reachable by car (30 min)
2,403
Jobs reachable by transit (45 min)
3,286

Source: EPA Smart Location Database (metropolitan block groups)

Amenities

National parks within ~60 mi
3
Nearest national park
Carl Sandburg Home National Historic Site (23 mi)
National parks include
Carl Sandburg Home National Historic Site, Blue Ridge Parkway, Great Smoky Mountains National Park
Airports within 30 mi
15
Nearest airport
Brevard Airport (8 mi)
Nearest major airport
Asheville Regional Airport (AVL) (21 mi)
Hospitals in or near this ZIP
24
Hospitals include
MOUNTAIN LAKES MEDICAL CENTER, MEMORIAL MISSION HOSPITAL AND ASHEVILLE SURGERY CE, HARRIS REGIONAL HOSPITAL
Avg hospital rating (CMS)
3.8 / 5
Best hospital rating nearby (CMS)
5.0 / 5
Solar radiation rating
Fair (4.4 kWh/m²/day)

Sources: National Park Service · FAA airport data · CMS hospital data (same ZIP, else within ~40 mi) · DOE/NREL (proximity-based)

Migration

Net migration (county)
+157 tax filers

Source: IRS SOI county-to-county migration (county-level; published with a multi-year lag)

Housing stock

Median year housing built
1989
Housing built before 1970
1.6%
Housing built 2000 or later
23.8%
Median annual property tax
$857
Households with broadband internet
69.5%

Source: Census ACS 5-year estimates (ZIP-level)

Employment & development

Total county employment
8,312
Average weekly wage
$976
Top industries (by employment)
Health Care, Accommodation & Food, Construction
Annual residential building permits (county)
176

Sources: BLS QCEW (county-level) · Census Building Permits (county-level)

How it compares

Balsam GroveState medianUS median
Typical home value$320,561$285,911$288,527
Median annual property tax$857$1,366$2,006

State and US medians are computed across all US ZIP codes with sufficient public-data coverage, from the same sources as the figures above.

Area data compiled from public government, academic, and industry research feeds. Data sources →

Common questions

What is the typical home value in Balsam Grove, NC?
$320,561.
What is typical rent in Balsam Grove, NC?
2-bedroom fair-market rent: $1,386/month (HUD FMR — a 40th-percentile regulatory reference, not market-observed).
What is the natural-hazard risk in Balsam Grove, NC?
Overall risk: Relatively Low (FEMA NRI, county-level). Top hazards: cold wave, ice storm, landslide, lightning, strong wind.
Is Balsam Grove, NC in a flood zone?
Flood zones vary by property within Balsam Grove, NC. 1 FEMA flood-insurance (NFIP) claim is on record; the most common zone among them is X. Check a specific address on the FEMA Flood Map Service Center.
What is the wildfire risk in Balsam Grove, NC?
Risk to homes is higher than 59% of US counties (USDA Forest Service Wildfire Risk to Communities, county-level).
What is the radon potential in Balsam Grove, NC?
High radon potential — EPA Zone 1 of 3, county-level. EPA recommends testing every home regardless of zone.
Are there Superfund sites near Balsam Grove, NC?
No current or proposed National Priorities List sites within 5 miles (EPA).
Is Balsam Grove, NC walkable?
Walkability index: 4.0/20 (EPA Smart Location Database).
What is the cost of living in Balsam Grove, NC?
Regional Price Parity: 94.3 (100 = US average) (Below Average) (BEA RPP, metro/state-level).

ZIP code for Balsam Grove

Listing a home in Balsam Grove, NC?

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Data last updated

Most recent source refresh: Oct 2026. See all data sources →

Data compiled by REAIGENT7 — AI listing platform for real estate agents