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Asheville, NC

Full City Profile · North Carolina · Buncombe County County

3.4 /5.0
B Good
94,369 Population 2,075/sq mi density
$67,221 Median Income $41,818 per capita
$411,000 Home Value $454,142 Zillow
$1,303 Median Rent 32.0% income on rent
56°F Avg Temperature 298 sunny days/yr
742 Violent Crime/100K 6,325 property/100K
B
Overall
3.4 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.2 / 5.0
$67,221 median income, 2.5% unemployment
B
Affordability
3.2 / 5.0
$411,000 home value, $1,303/mo rent
F
Safety
1.0 / 5.0
742 violent crimes/100K (95% above avg)
A+
Education
5.0 / 5.0
52.0% bachelor's degree or higher

Housing Overview

Median Home Value
$411,000
46% above
US avg: $281,900
Median Rent
$1,303/mo
12% above
US avg: $1,163/mo
Homeownership Rate
50.3%
23% below US avg (65.4%)
Total Housing Units
48,302
Median year built: 1979

Home Value by Source

Census Median
$411,000
Zillow (ZHVI)
$454,142
Median Sale Price
$477,500
Median List Price
$539,000
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

50.3%
Owner-Occupied
49.7%
Renter-Occupied
50%
50%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$932/mo
1 Bedroom
$981/mo
2 Bedroom
$1,161/mo
3 Bedroom
$1,499/mo
4 Bedroom
$1,780/mo
Census median rent: $1,303/mo · Zillow rent: $1,760/mo

Market Indicators (Redfin)

Median Days on Market
138 days
Sale-to-List Ratio
0.9%
Buyers market
Homes Sold
76
Price Drops
21.6%
of listings with price reduction
Price Per Sq Ft
$296
Active Inventory
486
homes for sale

Affordability & Housing Stock

Rent Burden
32.0%
of renters spending 30%+ of income on housing
3% above US avg (31.0%)
Median Year Built
1979
Average age of housing stock: 47 years
Homeownership Rate
50.3%

Complete Housing Data

Home Values

Census Median Value$411,000
Zillow Home Value (ZHVI)$454,142
Median Sale Price$477,500
Median List Price$539,000
Price Per Sq Ft$296

Rent

Census Median Rent$1,303
Zillow Rent (ZORI)$1,760
FMR Studio$932
FMR 1-Bedroom$981
FMR 2-Bedroom$1,161
FMR 3-Bedroom$1,499
FMR 4-Bedroom$1,780

Market

Days on Market138
Sale-to-List Ratio0.9%
Price Drops21.6%
Homes Sold76
Active Inventory486
Price Per Sq Ft$296

Ownership & Stock

Owner-Occupied50.3%
Renter-Occupied49.7%
Homeownership Rate50.3%
Total Housing Units48,302
Median Year Built1979
Rent Burden32.0%