North Asheville shows biggest decline in home values

North Asheville zip 28804 — home to expensive developments such as Reynolds Mountain — shows the biggest decline in average home values, while south Asheville zip 28704 shows one of the smallest declines, according to Zillow.

The real estate site has revamped its real estate market reports and home value pages to allow users to drill down to the local level and build charts like the one below.

It’s now easy to compare different regions. Just check the regions you want to compare and we’ll show you the difference. At the neighborhood level, this is great for home buyers. At the higher levels, it’s just plain fun to play with.

via Data Junkies, Get Your Mice Ready! | Zillow Blog – Real Estate Market Stats, Celebrity Real Estate, and Zillow News.

The Zillow Home Value Index takes the mid-point of “Zestimate” valuations for zip codes — half the Zestimates are above the number and half are below it.

Zillow updates the numbers twice a month and the data is even available for download.

For the latest homes for sale, check out the Castles & Coves section of Iwanna.com or at your local newstand.

Asheville home value comparison via Zillow.com

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