Looking to buy in Yancey County, North Carolina?
There are 34 USDA backed residential loans in Yancey county with an average loan balance of $152,407. Over 82% of the loans helped first time home buyers. Borrowers were an average age of 40 years old. The typical appraised home value was around $163,567. On average the rural home size purchased with this loan was approximately 1,545 SqFt. Yancey county applies the standard USDA income limits to determine loan eligibility. For a household of upto 4 people the income limit is $90,300. For a household of between 5 and 8 people the income limit is increased to $119,200.
The size of Yancey County is roughly 810 square kilometers. There are no geographical USDA loan restrictions in this county. The influence score for Yancey County is 6. Look below for the interactive county level map illustration below for more details.
Start your search for USDA loan eligible properties in the cities of Yancey County, NC
* cities most likely to have USDA loan eligible properties for sale.
Bacchus • Bald Creek • Bald Mountain • Bee Log • Blue Rock • Bowditch • Bowlens Creek • *Burnsville • Busick • Cane • Celo • Day Book • Double Island • Elk Shoal • Eskota • Green Mountain • Hamrick • Hawk Branch • Higgins• • •
What is a USDA Loan? |
The USDA 502 Guaranteed Loan Program is designed to help low-to-moderate-income homebuyers in eligible rural areas secure affordable housing with no down payment required. Backed by the U.S. Department of Agriculture, this loan offers competitive interest rates, flexible credit requirements, and lower mortgage insurance costs compared to conventional loans. Borrowers work with approved lenders, and the USDA provides a guarantee, reducing the lender’s risk and making homeownership more accessible. |
Take the First Step Toward $0 Down Financing |
• Lewisburg • Lost Cove • Low Gap • Micaville • Murchison • Newdale • Paint Gap • Pensacola • Possumtrot • Price Creek • Ramseytown • Sioux • Swiss • Toledo • Whiteoak Flats • Windom
A USDA loan is a mortgage option available to eligible homebuyers that is sponsored by the United States Department of Agriculture to promote homeownership in rural communities. USDA Loans, sometimes called "RD Loans," offer 100% financing options on eligible rural properties. USDAProperties can help you find USDA properties in Yancey County.
Yancey County, established in 1833, is a picturesque region located in the western part of North Carolina. It is named in honor of Bartlett Yancey, a prominent North Carolina statesman, and U.S. Congressman. The county covers an area of approximately 312 square miles and is nestled within the Blue Ridge Mountains, which are part of the larger Appalachian Mountain range. The county seat, Burnsville, was founded in 1834 and named after Captain Otway Burns, a naval hero during the War of 1812.
Throughout its history, Yancey County has been renowned for its agricultural contributions, with farming as one of its primary economic drivers. In the 1800s, families in the area primarily raised livestock and grew vegetable crops such as corn, beans, and potatoes. The construction of the Black Mountain Range Railroad in 1911 significantly improved transportation and accessibility within the region, allowing for greater trade and economic development. Today, alongside agriculture, Yancey County features a diverse economy with a focus on tourism, education, and small businesses.
One interesting fun fact about Yancey County is that it is home to Mount Mitchell, the highest peak east of the Mississippi River, standing at an elevation of 6,684 feet. This popular destination is part of the Mount Mitchell State Park and offers breathtaking views, recreational activities, and an opportunity to experience the region's natural beauty.
February 2025 Featured Agent | |
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Monica Cook | from Keller Williams Professionals |