East Flat Rock, NC housing market
The typical East Flat Rock home is worth about $292,000, down 3.9% in a year, 13% below the North Carolina typical home. Homes typically sell in 69 days, a little above asking.
Home values, sales, trends and how East Flat Rock compares with the towns next door — updated as new data is published.
East Flat Rock at a glance
A seller's market
Supply is tight — about 3.4 months of homes for sale at the current pace. Buyers should expect competition on well-priced homes.
Typical home value, 2016–2026
Show as a table
| January | East Flat Rock | North Carolina |
|---|---|---|
| 2017 | $147,000 | $179,000 |
| 2018 | $164,000 | $190,000 |
| 2019 | $180,000 | $203,000 |
| 2020 | $192,000 | $215,000 |
| 2021 | $218,000 | $242,000 |
| 2022 | $250,000 | $287,000 |
| 2023 | $280,000 | $320,000 |
| 2024 | $300,000 | $332,000 |
| 2025 | $307,000 | $338,000 |
| 2026 | $300,000 | $336,000 |
| August 2026 | $292,000 | $335,000 |
East Flat Rock and its neighbors
| Town | Typical value | 1-yr change | 2-bed rent | Median income |
|---|---|---|---|---|
| East Flat Rock | $292K | −3.9% | $1,380 | $59,583 |
| Flat Rock | $453K | −2% | $1,370 | $95,098 |
| Hendersonville | $408K | −1.7% | $1,390 | $53,449 |
| Barker Heights | $282K | −2.5% | $1,380 | $29,277 |
4.9 years of income
The typical East Flat Rock home costs about 4.9 years of the town's median household income, about the same as across North Carolina (4.6).
How East Flat Rock 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 $1,380
HUD's Fair Market Rent for a two-bedroom in East Flat Rock is $1,380 a month, utilities included: roughly what a modest, recently rented unit costs. Renters already in East Flat Rock pay a median of $1,015, so moving in tends to cost more than staying put. A two-bedroom takes about 28% of the town's median household income.
Studio $1,170 · 4 bedrooms $2,330
U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (28726, 28731, 28790, 28792; 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. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers.