Asheville, NC housing market
The typical Asheville home is worth about $449,000, down 5% in a year, 34% above the North Carolina typical home. Homes typically sell in 53 days, below asking.
Home values, sales, trends and how Asheville compares with the towns next door — updated as new data is published.
Asheville at a glance
A balanced market
About 5.9 months of supply: neither buyers nor sellers have a clear edge.
Typical home value, 2016–2026
Show as a table
| January | Asheville | North Carolina |
|---|---|---|
| 2017 | $269,000 | $179,000 |
| 2018 | $294,000 | $190,000 |
| 2019 | $310,000 | $203,000 |
| 2020 | $320,000 | $215,000 |
| 2021 | $352,000 | $242,000 |
| 2022 | $408,000 | $287,000 |
| 2023 | $454,000 | $320,000 |
| 2024 | $476,000 | $332,000 |
| 2025 | $487,000 | $338,000 |
| 2026 | $463,000 | $336,000 |
| August 2026 | $449,000 | $335,000 |
743 new homes permitted in 2025
Builders were permitted 743 new homes in Asheville in 2025: 271 single-family houses and 472 in buildings with two or more homes, worth about $166.3 million to build. That's 7.9 per 1,000 residents, slower than across North Carolina (11). Over the past 10 years, Asheville has permitted 5,007 homes in all.
Homes vs. people, 2010–2020
Between the 2010 and 2020 censuses, Asheville gained 11,196 residents while 3,507 new homes were permitted: about 3.2 new residents per new home. Building and growth moved roughly in step. Across North Carolina: 1.7 new residents per new home.
How Asheville ranks on housing keeping up with growth →
Residents: U.S. Census Bureau, 2010 and 2020 censuses. New homes: permits issued 2010–2019.
Show as a table
| Year | New homes | Single-family | 2+ per building | Value |
|---|---|---|---|---|
| 2026 (Jan–Aug) | 604 | 182 | 422 | $133 million |
| 2025 | 743 | 271 | 472 | $166.3 million |
| 2024 | 739 | 279 | 460 | $180.7 million |
| 2023 | 429 | 316 | 113 | $101.3 million |
| 2022 | 511 | 390 | 121 | $111.5 million |
| 2021 | 549 | 453 | 96 | $117.2 million |
| 2020 | 474 | 397 | 77 | $100.8 million |
| 2019 | 428 | 343 | 85 | $92.2 million |
| 2018 | 404 | 334 | 70 | $86.2 million |
| 2017 | 381 | 319 | 62 | $81 million |
| 2016 | 349 | 289 | 60 | $74.4 million |
| 2015 | 327 | 270 | 57 | $69.8 million |
| 2014 | 312 | 252 | 60 | $67.1 million |
| 2013 | 235 | 235 | 0 | $46.6 million |
| 2012 | 204 | 202 | 2 | $39.4 million |
| 2011 | 164 | 164 | 0 | $33.7 million |
| 2010 | 703 | 238 | 465 | $71.4 million |
| 2009 | 181 | 177 | 4 | $33.3 million |
| 2008 | 601 | 344 | 257 | $98.2 million |
| 2007 | 572 | 356 | 216 | $86.3 million |
| 2006 | 575 | 458 | 117 | $89.4 million |
| 2005 | 693 | 321 | 372 | $71 million |
| 2004 | 479 | 367 | 112 | $68.7 million |
| 2003 | 399 | 230 | 169 | $76 million |
| 2002 | 505 | 208 | 297 | $42.7 million |
| 2001 | 269 | 199 | 70 | $29.6 million |
| 2000 | 381 | 163 | 218 | $30.2 million |
Asheville's permit office reported 2 of 12 months in 2025; the Census estimated the rest.
How Asheville ranks on new homes being built →
Homes authorized by building permits, counted in the year the permit was issued. U.S. Census Bureau, Building Permits Survey, through August 2026.
Asheville and its neighbors
| Town | Typical value | 1-yr change | 2-bed rent | New homes 2025 | Median income |
|---|---|---|---|---|---|
| Asheville | $449K | −5% | $1,750 | 743 | $71,102 |
| Woodfin | — | +3.5%† | $1,810 | — | $71,384 |
| Emma | — | +1.2%† | $1,600 | — | $43,907 |
| Biltmore Forest | — | +3.1%† | $2,070 | — | $169,167 |
| Royal Pines | — | −3.2%† | $1,820 | — | $107,885 |
| Fletcher | $448K | −3.2% | $1,590 | — | $75,272 |
| Mills River | $524K | −2.9% | $1,800 | — | $105,398 |
† FHFA price index change, where Zillow has no home value for the town.
6.3 years of income
The typical Asheville home costs about 6.3 years of the town's median household income, more than across North Carolina (4.6 years).
How Asheville ranks on affordability →
Home value ÷ ACS median household income.
Owners, rent & taxes
U.S. Census Bureau, ACS 2020-2024.
A two-bedroom rents for about $1,750
HUD's Fair Market Rent for a two-bedroom in Asheville is $1,750 a month, utilities included: roughly what a modest, recently rented unit costs. Renters already in Asheville pay a median of $1,402, so moving in tends to cost more than staying put. A two-bedroom takes about 30% of the town's median household income.
Studio $1,370 · 4 bedrooms $2,930
U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (28704, 28715, 28732, 28801, 28803, 28804 and 2 more; Asheville, NC MSA), weighted by land area. A Fair Market Rent is the 40th-percentile rent plus utilities for a standard unit. Median rent: U.S. Census Bureau, American Community Survey.
Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. Sales, days on market and supply: Redfin Data Center, May 2026. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. New homes: U.S. Census Bureau, Building Permits Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers.