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Swannanoa, NC

Full City Profile · North Carolina · Buncombe County County

3.3 /5.0
B Good
6,043 Population 947/sq mi density
$72,978 Median Income $26,785 per capita
$270,800 Home Value $355,889 Zillow
$692 Median Rent 30.8% income on rent
55°F Avg Temperature 318 sunny days/yr
37 Violent Crime/100K 1,696 property/100K
B
Overall
3.3 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.1 / 5.0
$72,978 median income, 0.3% unemployment
A+
Affordability
4.6 / 5.0
$270,800 home value, $692/mo rent
F
Safety
1.0 / 5.0
37 violent crimes/100K
B
Education
3.5 / 5.0
30.8% bachelor's degree or higher

Housing Overview

Median Home Value
$270,800
4% below
US avg: $281,900
Median Rent
$692/mo
40% below
US avg: $1,163/mo
Homeownership Rate
80.0%
22% above US avg (65.4%)
Total Housing Units
2,223
Median year built: 1983

Home Value by Source

Census Median
$270,800
Zillow (ZHVI)
$355,889
Median Sale Price
$218,750
Median List Price
$690,000
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

80.0%
Owner-Occupied
20.0%
Renter-Occupied
80%
20%
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: $692/mo

Market Indicators (Redfin)

Median Days on Market
47 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
2
Price Drops
27.3%
of listings with price reduction
Price Per Sq Ft
$209
Active Inventory
11
homes for sale

Affordability & Housing Stock

Rent Burden
30.8%
of renters spending 30%+ of income on housing
1% below US avg (31.0%)
Median Year Built
1983
Average age of housing stock: 43 years
Homeownership Rate
80.0%

Complete Housing Data

Home Values

Census Median Value$270,800
Zillow Home Value (ZHVI)$355,889
Median Sale Price$218,750
Median List Price$690,000
Price Per Sq Ft$209

Rent

Census Median Rent$692
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 Market47
Sale-to-List Ratio1.0%
Price Drops27.3%
Homes Sold2
Active Inventory11
Price Per Sq Ft$209

Ownership & Stock

Owner-Occupied80.0%
Renter-Occupied20.0%
Homeownership Rate80.0%
Total Housing Units2,223
Median Year Built1983
Rent Burden30.8%