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Flat Rock, NC

Full City Profile · North Carolina · Henderson County County

3.0 /5.0
B Good
1,141 Population 141/sq mi density
$52,188 Median Income $24,968 per capita
$111,700 Home Value $451,744 Zillow
$650 Median Rent 25.5% income on rent
56°F Avg Temperature 301 sunny days/yr
332 Violent Crime/100K 4,096 property/100K
B
Overall
3.0 / 5.0
Good overall score based on economy, affordability, safety and education
B+
Economy
3.5 / 5.0
$52,188 median income, 0.0% unemployment
A+
Affordability
5.0 / 5.0
$111,700 home value, $650/mo rent
F
Safety
1.0 / 5.0
332 violent crimes/100K
C
Education
2.3 / 5.0
16.6% bachelor's degree or higher

Housing Overview

Median Home Value
$111,700
60% below
US avg: $281,900
Median Rent
$650/mo
44% below
US avg: $1,163/mo
Homeownership Rate
72.8%
11% above US avg (65.4%)
Total Housing Units
2,199
Median year built: 1992

Home Value by Source

Census Median
$111,700
Zillow (ZHVI)
$451,744
Median Sale Price
$611,500
Median List Price
$762,500
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

72.8%
Owner-Occupied
27.2%
Renter-Occupied
73%
27%
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: $650/mo

Market Indicators (Redfin)

Median Days on Market
172 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
5
Price Drops
6.7%
of listings with price reduction
Price Per Sq Ft
$261
Active Inventory
45
homes for sale

Affordability & Housing Stock

Rent Burden
25.5%
of renters spending 30%+ of income on housing
18% below US avg (31.0%)
Median Year Built
1992
Average age of housing stock: 34 years
Homeownership Rate
72.8%

Complete Housing Data

Home Values

Census Median Value$111,700
Zillow Home Value (ZHVI)$451,744
Median Sale Price$611,500
Median List Price$762,500
Price Per Sq Ft$261

Rent

Census Median Rent$650
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 Market172
Sale-to-List Ratio1.0%
Price Drops6.7%
Homes Sold5
Active Inventory45
Price Per Sq Ft$261

Ownership & Stock

Owner-Occupied72.8%
Renter-Occupied27.2%
Homeownership Rate72.8%
Total Housing Units2,199
Median Year Built1992
Rent Burden25.5%