Real Estate Investing in Marshall, North Carolina (28753)

Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.

Madison County • Population: 9,778 • Data updated: September 2026

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Should you buy in 28753 (Marshall, NC)? Our answer, based on the numbers below.

🏠 For Homebuyers
CAUTION
Grade D (41/100)

Proceed carefully. Weak appreciation or affordability makes this a harder case for most buyers.

📈 For Investors
MIXED
3.0 / 5 (47/100)

A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.

⚠️ Risks to Know
2 flags
  • High vacancy: 25.8% of homes vacant — above national norms.
  • High price-to-rent: Price-to-rent ratio 25.6 — hard to cash-flow at these prices.

• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.

What’s happening in Marshall, NC (28753)?

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3.0/ 5

Investability

Overall investment appeal

2.0/ 5

Appreciation

Long-term value growth

3.0/ 5

Cashflow ROI

Rental yield potential

Avg Home Value $378,408
Avg Monthly Rent $1,233
1% Rule ✗ Does Not Meet
Median Income $57,738
% Renters 19.4%

Market Analysis: 28753 Marshall

Investors eyeing 28753 need to respect the fundamentals at play. Home values of $378K come alongside slower price movement and elevated management overhead.

In practical terms, the numbers look inviting — $378K purchase price, 0.0% nominal cap — the work to hit that pro forma in 28753 is substantial and deserves full respect.

Looking more closely, 28753 offers a low basis, the region around Marshall has moved on in ways that the ZIP itself has not fully absorbed. The result is a discount with genuine reasons.

Employment concentration in 28753 leans toward sectors with higher volatility. The demographic consequence is income fluctuation that investors need to factor into their pro forma.

Strategically, 28753 can be a high-return sleeve of a diversified portfolio — but it should not be the whole portfolio, and it should not be someone's first deal.

Explore the Data — Click a Tab Below
🏦 Current 30-yr Fixed Mortgage Rate: 6.76% as of Sep 10 Source: Freddie Mac PMMS

Here's what matters if you're considering buying a home in Marshall:

C Below Average
Buy Confidence Score: 53/100
Affordability
5/25
Appreciation
18/25
Stability
9/20
Timing
6/15
Rental backup
15/15
Affordability
Expensive
Homes cost 6.6× the median income
Value Trend
Rising (+6.1%)
How home values changed in the past year
Rental Backup
Strong
Could rent for $1,233/mo if you need to move
Market Conditions
WARM
Seller-favorable conditions, steady activity
Bottom Line: This market may be challenging for buyers. Consider your timing and budget carefully.
☀️
WARM MARKET
Asheville, NC Metro Area
Seller-favorable conditions, steady activity
0 days
Average time to sell
Very Fast
8.0%
Listings with price cuts
Few Cuts
0.0%
Sale price vs asking
Below Ask
0.0%
Income needed for mortgage
Affordable
📅 Market conditions as of August 29, 2026 — updated weekly from Asheville, NC metro data
🏠

Property Strategy for 28753

Which property type performs best in this market?

Best for Cash Flow
3BR
2.9% cap rate
Best for Appreciation
3BR
+9.6% 5yr CAGR
Best Overall Value
3BR
$144,849/bedroom
📊 Compare All Property Types →
Type Median Value Est. Rent Cap Rate 5yr CAGR $/Bedroom
2BR $347,519 $1,370 2.8% +9.4% $173,760
3BR $434,547 $1,760 2.9% +9.6% $144,849

Market Trends

Home Value History (with trend line)

$400K$349K$298K$247K$196K$145KJul 2006Jul 2016Jul 2026

📊 How Does 28753 Compare?

Metric 28753 Marshall Asheville, NC North Carolina
Home Value $378,408 $378,408 N/A $330,565
5-Year CAGR 4.7% 4.7% N/A 7.8%
Avg Rent $1,233 $1,233 N/A -
Cap Rate 2.5% 2.5% - -
💡 Why Invest in 28753? Click to expand

With a 3/5 investability rating, this ZIP shows solid fundamentals for buy-and-hold investors.

📊 See where this ZIP ranks in our Best-of lists →
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Landlord Ground Truth

Real numbers from people who own or manage rentals in ZIP 28753 (Marshall, NC). Anonymous, moderated, never written by AI.

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Investability
Good
Cap Rate
2.5%
Low
5yr Growth
+4.7%
Moderate

📉 Market Crash Risk Index

Based on Asheville, NC metro

2/10
Low Risk
Price YoY
0/3
N/A
Rent YoY
0/2
N/A
Below List
2/3
72%
Days Pending
0/2
0 days

View all metro crash risk rankings →

📊 Market Snapshot

Home Value $378,408
Monthly Rent $1,233
Price-to-Rent 25.6:1
1% Rule ✗ Fails

💰 Return Metrics

Gross Yield 3.9%
Cap Rate 2.5%
5-Year IRR 7.2%

📈 Home Appreciation

1-Year +6.1% ▲
3-Year CAGR +4.0% ▲
5-Year CAGR +4.7% ▲
10-Year CAGR +6.2% ▲

🏠 Rent Trends

1-Year N/A
3-Year CAGR N/A
5-Year CAGR N/A
Negative Leverage — IRR / Tax Play Cap Rate: 2.5%  |  30yr Rate: 6.8%
Leverage reduces cash returns at current rates.

The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (2.5%). Financing reduces your cash-on-cash return below the cap rate. Markets like this may still make sense as IRR plays — factoring in appreciation, depreciation, and a future refinance when rates drop.

Run an IRR Analysis →

⚠️ Risk Signals

Composite view of factors that can impact a ZIP's stability and your downside risk.

Vacancy
25.8%
Elevated risk
Landlord Climate
4.0/5
Friendly
Value Trend (5yr)
+4.7%
Stable
Eviction process: Moderate Rent control: Favorable

Demographics in 28753

Population: 9,778

💰 Median Household Income
$57,738
This area
$57,738
State
$63,256
USA
$74,580
🏠 Renter Occupied
19.4%
This area
19.4%
State
27.8%
USA
34.0%
💼 Unemployment Rate
0.7%
This area
0.7%
State
-19.3%
USA
3.7%
🎓 College Educated
30.9%
This area
30.9%
State
0.5%
USA
33.7%
👤 Median Age
42.7 years
This area
42.7 years
State
6.5 years
USA
38.9 years
🏚️ Vacancy Rate
25.8%
This area
25.8%
State
19.4%
USA
10.5%
👥 Population by Ethnicity
White 93.5%
Other/Mixed 6.0%
Hispanic/Latino 3.1%
Asian 0.3%
Black/African American 0.2%
👶 Under 18
21.5%
This area
21.5%
USA
22.0%
👴 65 and Over
21.1%
This area
21.1%
USA
17.3%
📊 Poverty Rate
7.7%
This area
7.7%
USA
11.5%

Crime & Safety

🚧

Crime & Safety Data Coming Soon

We're integrating comprehensive crime statistics including violent crime rates, property crime, and safety scores to help you make informed investment decisions.

Expected: Q1 2025

🎓 Schools in 28753

B Avg School Grade
5 Schools
15.5:1 Avg Class Size
$16,807 Avg Per Pupil

Schools in This ZIP Code

A Very Good

Madison High School

📚 09 – 12 High School
👥
391 Students
👨‍🏫
8.8:1 Class Size
💰
$16,807 Per Student
A Very Good

Brush Creek Elementary

📚 K – 05 Elementary
👥
373 Students
👨‍🏫
13.1:1 Class Size
💰
$16,807 Per Student
A Very Good

Madison Middle School

📚 06 – 08 Middle
👥
464 Students
👨‍🏫
12.5:1 Class Size
💰
$16,807 Per Student
C+ Average

Madison Early College High

📚 09 – 13 High School
👥
274 Students
👨‍🏫
27.4:1 Class Size
💰
$16,807 Per Student
C Below Average

Madison Velocity Learning Center

📚 09 – 12 High School
👥
13 Students
💰
$16,807 Per Student
About Repit School Scores

Traditional school ratings rely heavily on standardized test scores, which often reflect family income more than school quality. Repit takes a different approach.

We evaluate schools based on factors that research shows actually impact educational outcomes:

  • Class Size — Smaller classes mean more individual attention
  • School Funding — Resources available for programs, staff, and facilities
  • Community Factors — Neighborhood characteristics that influence student success
  • School Environment — Size, type, and structure

Scores are updated annually using federal education data.

🎓 Nearby Colleges & Universities

1 Nearby
C
Mars Hill University
1,049 students · 8.9 mi

Frequently Asked Questions

What is the average home sale price in Marshall, NC?

Marshall, NC home values average about $378K. That price point suits investors targeting rentals with $1,233/mo in monthly income.

What are vacancy rates like in Marshall, NC?

Vacancy risk in Marshall, NC is elevated. That supports steady cash flow for typical rental holds.

How strong is Marshall, NC for real estate investors?

Investors tracking Marshall, NC will find a 3.0/5 rating supported by $378K median home values and $1,233/mo rents. That profile suits long-term holders targeting steady returns.

Are eviction rules reasonable in Marshall, NC?

Rental owners in Marshall, NC deal with a landlord-friendly legal framework. Most standard eviction processes run on reasonable timelines.

How strong is the working-renter base in Marshall, NC?

Marshall, NC offers a reliable renter base at the $1,233/mo rent level. Tenant turnover is reasonable for well-managed properties.

You know 28753 now. You don’t know where it ranks.

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How 28753 ranks in Asheville, NC

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Cash Flow → Appreciation → Affordable →
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