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Balfour

Balfour

Located in Henderson County

28791, 28792

$393,466 Average Value
$317 Average Price per Sq Ft
5 Homes For Sale

Quiet Blue Ridge Mountains living north of Hendersonville

Balfour is a small community in the Blue Ridge Mountains of southwestern North Carolina. It was once home to a booming granite quarry, which supplied the stone for Asheville’s famous Biltmore Estate, then a bustling textile mill. Today, it’s a rural area with little but homes and sweeping mountain views. “It’s basically Hendersonville now, though it used to be its own little town,” says Taryn Schneider of The Boulders Realty, primary broker for The Boulders gated community in north Balfour. “The draw is definitely the views. But you’re not in the middle of nowhere, it’s only 10 minutes to Main Street in downtown Hendersonville,” she says.

Classic ranch-style homes and mountaintop estates

New Traditional, cabin-like cottages and ranch-style homes sit on large lots, set far back from the street by broad, often wooded front yards. Prices start close to $310,000 and climb to about $675,000. Contemporary and Frank Lloyd Wright-inspired mountaintop estates sell for between $1.3 and $2.4 million. The Boulders is the only gated development in the area, situated on the north side. “It’s half a mile up the mountain, so you’ve got views and the air is cooler,” Schneider says.

Heavy rains and hurricanes cause the creeks in the area to flood. Hurricane Helene made landfall in Florida as a Category 4 hurricane before blowing through Henderson County as a tropical storm in September 2024. “Balfour flooded really badly. All of Henderson County was completely devastated, and we’re still recovering from the floods and the landslides,” says Jennie Giles, a lifelong Henderson County local. “The creek floods all the time, but Hurricane Helene was a once-in-a-century flood. The worst one we’ve had since the 1910s,” Giles says.

Recreation at Berkeley Ball Park, Mills River, DuPont State Forest

Berkeley Ball Park was built in the 1940s as the home field for the Berkeley Spinners, a team comprising employees of the local textile mill. Today, it’s home to the Hendersonville Honeycrisps, a summer-league collegiate team. The field was added to the National Register of Historic Places in 2016. “It’s very historic, and Hendersonville is doing a lot of work there, developing picnic shelters and such,” Giles says. The Oklawaha Greenway is a 3.5-mile trail that connects the ballpark to several parks in Hendersonville. Mills River Park and North Mills River Campground & Recreation Area are within 13 miles of Balfour. The park has a playground and fishing areas. Fishing is also available in the larger recreation area, along with biking, horseback riding and seasonal hunting.

Highly rated Henderson County Public Schools

Balfour is zoned to Henderson County Public Schools, which serves over 12,000 students with an average student-teacher ratio of 15 to 1. It earns a B-plus from Niche. School choice is available through the district’s open transfer policy, but many students go to Clear Creek Elementary, Hendersonville Middle and Hendersonville High. The elementary and middle schools earn B-plus grades from Niche. Hendersonville High, which gets an A-minus, offers the Blue Ridge Scholars dual enrollment program in partnership with Blue Ridge Community College.

Limited shopping/dining in Balfour

Shopping and dining options in Balfour are limited to a small section of strip malls on Asheville Boulevard. “As far as a downtown or business district, Hendersonville is the only place to go,” Giles says. Downtown Hendersonville is filled with attractions like the Appalachian Pinball Museum and the Hands On! Children’s Museum. The Blue Ridge Beer Garden is a vintage gas station-turned-pub, popular for local hops, lawn games and food trucks. West First serves thin-crust, wood-fired pizzas, pasta and more. The Blue Ridge Mall area in north Hendersonville has chain restaurants and retailers, including Outback Steakhouse, Aldi and Belk. The mall is about 3 miles from Balfour.

Quick commuting to Hendersonville and Asheville

Apple Country Public Transit provides bus service to Henderson County, with stops in Balfour along Asheville Highway. U.S. Route 64 connects southwest toward Pisgah National Forest and northeast to Edneyville. Asheville is more than 20 miles north. The drive takes less than 40 minutes with no traffic on Interstate 26. Asheville Regional Airport is only 8 miles north, a little farther than the AdventHealth Hendersonville hospital and emergency room. Pardee Hospital, in central Hendersonville, is less than 3 miles away.

Megan Quintin
Written By
Megan Quintin

Interested in learning more about homes in this area? Reach out to Julie Tallman, an experienced agent in this area.

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Schools

Source:
GreatSchools: The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process. View GreatSchools Rating Methodology

Balfour Housing Trends

Housing Trends

Median List Price
$439,900
Median Sale Price
$360,000
Median Single Family Sale Price
$389,000
Median Change From 1st List Price
2%
Last 12 months Home Sales
6
Median Home Sale Price YoY Change
-$3
Average Price Per Sq Ft
$317

Neighborhood Facts

Number of Homes for Sale
5
Months of Supply
10.00

Open Houses

  • Saturday, Jun 21
    10am - 12pm

    230 Foxwood Dr, Hendersonville, NC 28791

    $625,000

    • 4 Beds
    • 3 Baths
    • 2,505 Sq Ft
    • 230 Foxwood Dr

    Enjoy the privacy of this property, where scenic views of a mature hardwood forest set the stage for outdoor living at its best. The backyard is thoughtfully designed for relaxation and recreation, featuring a cozy fire pit area, a custom putting green, flourishing perennial gardens, and striking stone accents that enhance the natural beauty of the landscape. Inside, the updated kitchen is a

    Jill Hart Pinnacle View Real Estate

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Homes for Sale

Distribution of Home Values

Source: Public Records

Average Home Value



Source: Public Records

Property Mix - Square Feet

Balfour Has More Owners

Demographics

Total Population
1,349
Median Age
43
Population under 18
20.9%
On par with the national average
23.8%
Population over 65
21.3%
On par with the national average
19.1%

Finances

Median Household Income
$64,950
Below the national average
$71,702
Average Household Income
$96,636

Education and Workforce

High School Graduates
94.8%
Above the national average
89.1%
College Graduates
40.1%
Above the national average
34.1%
Advanced Degrees
9%
% Population in Labor Force
64.9%

Weather

Annual Precipitation
46''
Average Winter Low Temperature
27°F
Average Summer High Temperature
84°F
Annual Snowfall
0''
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. Our sources include: Accuweather, Public Records and Neustar. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Balfour