Cullowhee, NC housing market
The typical Cullowhee home is worth about $417,000, about the same as a year ago, 25% above the North Carolina typical home.
Home values, sales, trends and how Cullowhee compares with the towns next door — updated as new data is published.
Cullowhee at a glance
Only 4 sales in April 2026: in a market this size, monthly medians swing a lot, so the typical value above is the steadier guide.
Typical home value, 2016–2026
Show as a table
| January | Cullowhee | North Carolina |
|---|---|---|
| 2017 | $212,000 | $179,000 |
| 2018 | $225,000 | $190,000 |
| 2019 | $240,000 | $203,000 |
| 2020 | $240,000 | $215,000 |
| 2021 | $285,000 | $242,000 |
| 2022 | $341,000 | $287,000 |
| 2023 | $368,000 | $320,000 |
| 2024 | $392,000 | $332,000 |
| 2025 | $413,000 | $338,000 |
| 2026 | $420,000 | $336,000 |
| August 2026 | $417,000 | $335,000 |
Cullowhee and its neighbors
| Town | Typical value | 1-yr change | 2-bed rent | New homes 2012 | Median income |
|---|---|---|---|---|---|
| Cullowhee | $417K | −0.3% | $1,110 | — | $35,929 |
| Forest Hills | — | +18.9%† | $1,110 | 0 | $90,313 |
† FHFA price index change, where Zillow has no home value for the town.
11.6 years of income
The typical Cullowhee home costs about 11.6 years of the town's median household income, more than across North Carolina (4.6 years).
How Cullowhee 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 $1,110
HUD's Fair Market Rent for a two-bedroom in Cullowhee is $1,110 a month, utilities included: roughly what a modest, recently rented unit costs. Renters already in Cullowhee pay a median of $869, so moving in tends to cost more than staying put. A two-bedroom takes about 37% of the town's median household income, above the 30% guideline for affordable housing.
Studio $890 · 4 bedrooms $1,570
U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (28723, 28779; Haywood County, NC), 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.
Recent listings in Cullowhee
Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. Sales, days on market and supply: Redfin Data Center, April 2026. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers.