Flat Rock, NC
Full City Profile · North Carolina · Henderson County County
4.3
/5.0
A
Great
3,502
Population
141/sq mi density
$103,981
Median Income
$61,209 per capita
$563,600
Home Value
$452,830 Zillow
$971
Median Rent
25.5% income on rent
56°F
Avg Temperature
A
Overall
4.3 / 5.0
Strong
A
Economy
4.4 / 5.0
$103,981 median income, 5.5% unemployment
B+
Affordability
3.6 / 5.0
$563,600 home value, $971/mo rent
A+
Education
5.0 / 5.0
65.1% bachelor's degree or higher
Housing Overview
Median Home Value
$563,600
100% above
US avg: $281,900
Median Rent
$971/mo
17% below
US avg: $1,163/mo
Homeownership Rate
96.3%
47% above US avg (65.4%)
Total Housing Units
2,199
Median year built: 1992
Home Value by Source
Census Median
$563,600
Zillow (ZHVI)
$452,830
Redfin Median Sale
$611,500
Median Sale Price
$611,500
Median List Price
$762,500
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
96.3%
Owner-Occupied
3.7%
Renter-Occupied
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:
$971/mo
Market Indicators (Redfin)
Median Sale Price
$611,500
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
96.3%
Complete Housing Data
Home Values
| Census Median Value | $563,600 |
| Zillow Home Value (ZHVI) | $452,830 |
| Redfin Median Sale | $611,500 |
| Median Sale Price | $611,500 |
| Median List Price | $762,500 |
| Price Per Sq Ft | $261 |
Rent
| Census Median Rent | $971 |
| 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 Market | 172 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 6.7% |
| Homes Sold | 5 |
| Active Inventory | 45 |
| Price Per Sq Ft | $261 |
Ownership & Stock
| Owner-Occupied | 96.3% |
| Renter-Occupied | 3.7% |
| Homeownership Rate | 96.3% |
| Total Housing Units | 2,199 |
| Median Year Built | 1992 |
| Rent Burden | 25.5% |